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REGISTERED NUMBER: SC708404 (Scotland)
















Financial Statements

for the Period 2 September 2021 to 31 December 2022

for

Ambassador Advisors Ltd

Ambassador Advisors Ltd (Registered number: SC708404)






Contents of the Financial Statements
for the Period 2 September 2021 to 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ambassador Advisors Ltd

Company Information
for the Period 2 September 2021 to 31 December 2022







DIRECTORS: D Gaffney
R Boyd
G Coster





REGISTERED OFFICE: C/O Brodies Llp, 110 Queen Street
Glasgow
United Kingdom
G1 3BX





REGISTERED NUMBER: SC708404 (Scotland)





AUDITORS: McLay McAlister & McGibbon LLP
Chartered Accountants and Statutory Auditors
145 St Vincent Street
Glasgow
G2 5JF

Ambassador Advisors Ltd (Registered number: SC708404)

Balance Sheet
31 December 2022

Notes £   
CURRENT ASSETS
Debtors 4 11,281

CREDITORS
Amounts falling due within one year 5 (1,000 )
NET CURRENT ASSETS 10,281
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,281

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 10,280
10,281

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by:





R Boyd - Director


Ambassador Advisors Ltd (Registered number: SC708404)

Notes to the Financial Statements
for the Period 2 September 2021 to 31 December 2022

1. STATUTORY INFORMATION

Ambassador Advisors Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 11,281

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 1,000

Ambassador Advisors Ltd (Registered number: SC708404)

Notes to the Financial Statements - continued
for the Period 2 September 2021 to 31 December 2022

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Martin (Senior Statutory Auditor)
for and on behalf of McLay McAlister & McGibbon LLP

7. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.