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REGISTERED NUMBER: 07518544 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

A M L Macro Limited

A M L Macro Limited (Registered number: 07518544)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A M L Macro Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: A Lees



REGISTERED OFFICE: 44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN



REGISTERED NUMBER: 07518544 (England and Wales)



ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN



BANKERS: National Westminister Bank Plc
47 The Carfax
Horsham
West Sussex

A M L Macro Limited (Registered number: 07518544)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Debtors 4 2,535,966 2,190,512
Cash at bank 36,610 176,133
2,572,576 2,366,645
CREDITORS
Amounts falling due within one year 5 (58,539 ) (55,274 )
NET CURRENT ASSETS 2,514,037 2,311,371
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,514,037

2,311,371

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,514,036 2,311,370
SHAREHOLDERS' FUNDS 2,514,037 2,311,371

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 December 2023 and were signed by:





A Lees - Director


A M L Macro Limited (Registered number: 07518544)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

A M L Macro Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

The functional currency of the company is pounds sterling and united states dollar. The presentational currency is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern
After reviewing the company's forecasts and projections, the members have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.

Other income
Foreign exchange gains are recognised on transactions in foreign currencies which are translated into sterling at the rate of exchange ruling at the date of transaction with assets and liabilities in foreign currencies as at the balance sheet date translated into sterling at the rates of exchange ruling at the balance sheet date.

Financial instruments
Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost, using the effective interest rate method.

Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

A M L Macro Limited (Registered number: 07518544)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


2. ACCOUNTING POLICIES - continued

Provision for liabilities
Provisions are recognised when the group has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Dividends
Dividends are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 66,000 88,200
Other debtors 2,469,966 2,102,312
2,535,966 2,190,512

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 58,539 55,274

6. RELATED PARTY DISCLOSURES

As at the balance sheet date £2,469,966 (2022: £2,102,312) was due from a company connected to key management personnel. The debt is interest free, repayable on demand and included in other debtors falling due within one year. During the period £241,250 (2022: £207,500) was charged to an entity connected to key management personnel for services provided.