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Registered number: 10859776

AMGM Properties Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2023

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

AMGM Properties Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2023
DIRECTORS
Alexander Matyas
REGISTERED OFFICE
49 Mowbray Road
Edgware
Middlesex
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10859776
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

AMGM Properties Limited

ACCOUNTS
FOR THEYEARENDED31/07/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

AMGM Properties Limited

BALANCE SHEET AT 31/07/2023
20232022
Notes££
FIXED ASSETS
Tangible assets1,175,0271,175,027
CURRENT ASSETS
Debtors31,344506
Cash at bank and in hand9,52910,672
10,87311,178
CREDITORS: Amounts falling due within one year4373,451369,424
NET CURRENT LIABILITIES(362,578)(358,246)
TOTAL ASSETS LESS CURRENT LIABILITIES812,449816,781
CREDITORS: Amounts falling due after more than one year5548,931567,881
PROVISIONS FOR LIABILITIES AND CHARGES739,04039,040
NET ASSETS224,478209,860
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account224,378209,760
SHAREHOLDERS' FUNDS224,478209,860
For the year ending 31/07/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 12/01/2024 and signed on their behalf by
.............................
Alexander Matyas
Director

AMGM Properties Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/08/20221,175,0271,175,027
At 31/07/20231,175,0271,175,027
3. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors-506
Prepayments1,344-
1,344506

AMGM Properties Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax6,9692,992
Bank Loan9,550-
Other creditors355,732365,232
Accruals1,2001,200
373,451369,424
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr4,0338,433
Bank loans (secured) >1yr544,898559,448
548,931567,881
6. EMPLOYEES
20232022
No.No.
Average number of employees--
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation39,04039,040
39,04039,040

AMGM Properties Limited

8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. CONTROLLING PARTY
The company is controlled by Alexander Matyas, the director, by virtue of the fact that, together with his spouse, he holds 100% of the company's issued and called up voting share capital.
10. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by the driector, Alexander Matyas. The loans are interest free and repayable on demand. At the year end, the balance due to the director totalled £293,711 (2022: £281,939).