2022-06-012023-05-312023-05-31false13389118AM Centre Of Excellence Ltd2024-02-16iso4217:GBPxbrli:pure133891182022-06-01133891182023-05-31133891182022-06-012023-05-31133891182021-05-11133891182022-05-31133891182021-05-112022-05-3113389118bus:SmallEntities2022-06-012023-05-3113389118bus:AuditExempt-NoAccountantsReport2022-06-012023-05-3113389118bus:AbridgedAccounts2022-06-012023-05-3113389118bus:PrivateLimitedCompanyLtd2022-06-012023-05-3113389118core:WithinOneYear2023-05-3113389118core:AfterOneYear2023-05-3113389118core:WithinOneYear2022-05-3113389118core:AfterOneYear2022-05-3113389118core:ShareCapital2023-05-3113389118core:SharePremium2023-05-3113389118core:RevaluationReserve2023-05-3113389118core:OtherReservesSubtotal2023-05-3113389118core:RetainedEarningsAccumulatedLosses2023-05-3113389118core:ShareCapital2022-05-3113389118core:SharePremium2022-05-3113389118core:RevaluationReserve2022-05-3113389118core:OtherReservesSubtotal2022-05-3113389118core:RetainedEarningsAccumulatedLosses2022-05-3113389118core:LandBuildings2023-05-3113389118core:PlantMachinery2023-05-3113389118core:Vehicles2023-05-3113389118core:FurnitureFittings2023-05-3113389118core:OfficeEquipment2023-05-3113389118core:NetGoodwill2023-05-3113389118core:IntangibleAssetsOtherThanGoodwill2023-05-3113389118core:ListedExchangeTraded2023-05-3113389118core:UnlistedNon-exchangeTraded2023-05-3113389118core:LandBuildings2022-05-3113389118core:PlantMachinery2022-05-3113389118core:Vehicles2022-05-3113389118core:FurnitureFittings2022-05-3113389118core:OfficeEquipment2022-05-3113389118core:NetGoodwill2022-05-3113389118core:IntangibleAssetsOtherThanGoodwill2022-05-3113389118core:ListedExchangeTraded2022-05-3113389118core:UnlistedNon-exchangeTraded2022-05-3113389118core:LandBuildings2022-06-012023-05-3113389118core:PlantMachinery2022-06-012023-05-3113389118core:Vehicles2022-06-012023-05-3113389118core:FurnitureFittings2022-06-012023-05-3113389118core:OfficeEquipment2022-06-012023-05-3113389118core:NetGoodwill2022-06-012023-05-3113389118core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3113389118core:ListedExchangeTraded2022-06-012023-05-3113389118core:UnlistedNon-exchangeTraded2022-06-012023-05-3113389118core:MoreThanFiveYears2022-06-012023-05-3113389118core:Non-currentFinancialInstruments2023-05-3113389118core:Non-currentFinancialInstruments2022-05-3113389118dpl:CostSales2022-06-012023-05-3113389118dpl:DistributionCosts2022-06-012023-05-3113389118core:LandBuildings2022-06-012023-05-3113389118core:PlantMachinery2022-06-012023-05-3113389118core:Vehicles2022-06-012023-05-3113389118core:FurnitureFittings2022-06-012023-05-3113389118core:OfficeEquipment2022-06-012023-05-3113389118dpl:AdministrativeExpenses2022-06-012023-05-3113389118core:NetGoodwill2022-06-012023-05-3113389118core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3113389118dpl:GroupUndertakings2022-06-012023-05-3113389118dpl:ParticipatingInterests2022-06-012023-05-3113389118dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3113389118core:ListedExchangeTraded2022-06-012023-05-3113389118dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3113389118core:UnlistedNon-exchangeTraded2022-06-012023-05-3113389118dpl:CostSales2021-05-112022-05-3113389118dpl:DistributionCosts2021-05-112022-05-3113389118core:LandBuildings2021-05-112022-05-3113389118core:PlantMachinery2021-05-112022-05-3113389118core:Vehicles2021-05-112022-05-3113389118core:FurnitureFittings2021-05-112022-05-3113389118core:OfficeEquipment2021-05-112022-05-3113389118dpl:AdministrativeExpenses2021-05-112022-05-3113389118core:NetGoodwill2021-05-112022-05-3113389118core:IntangibleAssetsOtherThanGoodwill2021-05-112022-05-3113389118dpl:GroupUndertakings2021-05-112022-05-3113389118dpl:ParticipatingInterests2021-05-112022-05-3113389118dpl:GroupUndertakingscore:ListedExchangeTraded2021-05-112022-05-3113389118core:ListedExchangeTraded2021-05-112022-05-3113389118dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-05-112022-05-3113389118core:UnlistedNon-exchangeTraded2021-05-112022-05-3113389118core:NetGoodwill2023-05-3113389118core:IntangibleAssetsOtherThanGoodwill2023-05-3113389118core:LandBuildings2023-05-3113389118core:PlantMachinery2023-05-3113389118core:Vehicles2023-05-3113389118core:FurnitureFittings2023-05-3113389118core:OfficeEquipment2023-05-3113389118core:AfterOneYear2023-05-3113389118core:WithinOneYear2023-05-3113389118core:ListedExchangeTraded2023-05-3113389118core:UnlistedNon-exchangeTraded2023-05-3113389118core:ShareCapital2023-05-3113389118core:SharePremium2023-05-3113389118core:RevaluationReserve2023-05-3113389118core:OtherReservesSubtotal2023-05-3113389118core:RetainedEarningsAccumulatedLosses2023-05-3113389118core:NetGoodwill2022-05-3113389118core:IntangibleAssetsOtherThanGoodwill2022-05-3113389118core:LandBuildings2022-05-3113389118core:PlantMachinery2022-05-3113389118core:Vehicles2022-05-3113389118core:FurnitureFittings2022-05-3113389118core:OfficeEquipment2022-05-3113389118core:AfterOneYear2022-05-3113389118core:WithinOneYear2022-05-3113389118core:ListedExchangeTraded2022-05-3113389118core:UnlistedNon-exchangeTraded2022-05-3113389118core:ShareCapital2022-05-3113389118core:SharePremium2022-05-3113389118core:RevaluationReserve2022-05-3113389118core:OtherReservesSubtotal2022-05-3113389118core:RetainedEarningsAccumulatedLosses2022-05-3113389118core:NetGoodwill2021-05-1113389118core:IntangibleAssetsOtherThanGoodwill2021-05-1113389118core:LandBuildings2021-05-1113389118core:PlantMachinery2021-05-1113389118core:Vehicles2021-05-1113389118core:FurnitureFittings2021-05-1113389118core:OfficeEquipment2021-05-1113389118core:AfterOneYear2021-05-1113389118core:WithinOneYear2021-05-1113389118core:ListedExchangeTraded2021-05-1113389118core:UnlistedNon-exchangeTraded2021-05-1113389118core:ShareCapital2021-05-1113389118core:SharePremium2021-05-1113389118core:RevaluationReserve2021-05-1113389118core:OtherReservesSubtotal2021-05-1113389118core:RetainedEarningsAccumulatedLosses2021-05-1113389118core:AfterOneYear2022-06-012023-05-3113389118core:WithinOneYear2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:CostValuation2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3113389118core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3113389118core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3113389118core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3113389118core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3113389118core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3113389118core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3113389118core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3113389118core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3113389118core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3113389118core:Non-currentFinancialInstrumentscore:CostValuation2022-05-3113389118core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-05-3113389118core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-05-3113389118core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-05-3113389118core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-05-3113389118core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-05-3113389118core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-05-3113389118core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-05-3113389118core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-05-3113389118bus:Director12022-06-012023-05-31

AM Centre Of Excellence Ltd

Registered Number
13389118
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2023

AM Centre Of Excellence Ltd
Company Information
for the year from 1 June 2022 to 31 May 2023

Director

Dr Ehsan Sabet

Registered Address

33 Shaftesbury Street South
Derby
DE23 8YH

Registered Number

13389118 (England and Wales)
AM Centre Of Excellence Ltd
Balance Sheet as at
31 May 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3475,578733,498
475,578733,498
Current assets
Debtors43,98734,849
Cash at bank and on hand316,562189,836
360,549224,685
Creditors amounts falling due within one year(351,465)(364,085)
Net current assets (liabilities)9,084(139,400)
Total assets less current liabilities484,662594,098
Creditors amounts falling due after one year(817,234)(699,882)
Net assets(332,572)(105,784)
Capital and reserves
Called up share capital1,0001,000
Profit and loss account(333,572)(106,784)
Shareholders' funds(332,572)(105,784)
The financial statements were approved and authorised for issue by the Director on 16 February 2024, and are signed on its behalf by:
Dr Ehsan Sabet
Director
Registered Company No. 13389118
AM Centre Of Excellence Ltd
Notes to the Financial Statements
for the year ended 31 May 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Going concern
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. It is your duty to ensure that AM Centre of Excellence Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of the company. You consider that AM Centre of Excellence Ltd is exempt from the statutory audit requirement for the year. We draw your attention to note 1 to the financial statements. The company is reliant upon the continued financial support of its directors, shareholders and related parties. The financial statements do not include any adjustments that would result if the company were unable to continue as going concern.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognized when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognized by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Research and development
Research expenses are brought to account in the Statement of Financial Performance in the period incurred. Development costs are deferred where future benefits are expected and amortised over such future periods. Unamortised costs are reviewed at balance date to determine the level of costs which are no longer recoverable, such costs are written off.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery10
Office Equipment5
2.Average number of employees

20232022
Average number of employees during the year31
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 June 22815,721
Additions33,997
Disposals(245,000)
At 31 May 23604,718
Depreciation and impairment
At 01 June 2282,223
Charge for year85,167
On disposals(38,250)
At 31 May 23129,140
Net book value
At 31 May 23475,578
At 31 May 22733,498