IRIS Accounts Production v23.3.1.45 07290924 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false false true false Ordinary 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072909242022-06-30072909242023-06-30072909242022-07-012023-06-30072909242021-06-30072909242021-07-012022-06-30072909242022-06-3007290924ns10:Originalns15:EnglandWales2022-07-012023-06-3007290924ns14:PoundSterlingns10:Original2022-07-012023-06-3007290924ns10:Originalns10:Director12022-07-012023-06-3007290924ns10:Original2022-07-012023-06-3007290924ns10:Original2023-06-3007290924ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3007290924ns10:Originalns10:SmallEntities2022-07-012023-06-3007290924ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3007290924ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3007290924ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3007290924ns10:Originalns10:FullAccounts2022-07-012023-06-3007290924ns10:Original12022-07-012023-06-3007290924ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3007290924ns10:Originalns10:Director22022-07-012023-06-3007290924ns10:Originalns10:RegisteredOffice2022-07-012023-06-3007290924ns10:Original2022-06-3007290924ns10:Originalns5:CurrentFinancialInstruments2023-06-3007290924ns10:Originalns5:CurrentFinancialInstruments2022-06-3007290924ns10:Originalns5:Non-currentFinancialInstruments2023-06-3007290924ns10:Originalns5:Non-currentFinancialInstruments2022-06-3007290924ns5:ShareCapitalns10:Original2023-06-3007290924ns5:ShareCapitalns10:Original2022-06-3007290924ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3007290924ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3007290924ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-07-012023-06-3007290924ns10:Originalns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-07-012023-06-3007290924ns10:Originalns5:PlantMachinery2022-07-012023-06-3007290924ns10:Originalns5:FurnitureFittings2022-07-012023-06-3007290924ns10:Originalns5:MotorVehicles2022-07-012023-06-3007290924ns10:Originalns5:ComputerEquipment2022-07-012023-06-3007290924ns10:Original2021-07-012022-06-3007290924ns10:Originalns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-06-3007290924ns10:Originalns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-06-3007290924ns10:Originalns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-06-3007290924ns10:Originalns5:PlantMachinery2022-06-3007290924ns10:Originalns5:FurnitureFittings2022-06-3007290924ns10:Originalns5:MotorVehicles2022-06-3007290924ns10:Originalns5:ComputerEquipment2022-06-3007290924ns10:Original2022-06-3007290924ns10:Originalns5:PlantMachinery2023-06-3007290924ns10:Originalns5:FurnitureFittings2023-06-3007290924ns10:Originalns5:MotorVehicles2023-06-3007290924ns10:Originalns5:ComputerEquipment2023-06-3007290924ns10:Originalns5:PlantMachinery2022-06-3007290924ns10:Originalns5:FurnitureFittings2022-06-3007290924ns10:Originalns5:MotorVehicles2022-06-3007290924ns10:Originalns5:ComputerEquipment2022-06-3007290924ns10:Originalns5:CostValuation2022-06-3007290924ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3007290924ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3007290924ns10:Originalns5:CurrentFinancialInstruments2022-07-012023-06-3007290924ns10:Originalns10:OrdinaryShareClass12023-06-3007290924ns10:Original1ns10:Director12022-06-3007290924ns10:Original1ns10:Director12021-06-3007290924ns10:Original1ns10:Director12022-07-012023-06-3007290924ns10:Original1ns10:Director12021-07-012022-06-3007290924ns10:Original1ns10:Director12023-06-3007290924ns10:Original1ns10:Director12022-06-30
REGISTERED NUMBER: 07290924 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023

FOR

AML ANALYTICS LTD

AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AML ANALYTICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTORS: Mr J P R Holder
Mr B S Padgett





REGISTERED OFFICE: Thruxton Down House
Thruxton Down
Andover
Hampshire
SP11 8PR





REGISTERED NUMBER: 07290924 (England and Wales)






AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

BALANCE SHEET
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 347,374 365,657
Tangible assets 6 168,715 250,165
Investments 7 102,588 102,588
618,677 718,410

CURRENT ASSETS
Debtors 8 4,222,704 4,376,440
Cash at bank 745,713 44,758
4,968,417 4,421,198
CREDITORS
Amounts falling due within one year 9 3,949,345 3,051,529
NET CURRENT ASSETS 1,019,072 1,369,669
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,637,749

2,088,079

CREDITORS
Amounts falling due after more than one
year

10

251,537

251,537
NET ASSETS 1,386,212 1,836,542

CAPITAL AND RESERVES
Called up share capital 12 950 950
Retained earnings 1,385,262 1,835,592
SHAREHOLDERS' FUNDS 1,386,212 1,836,542

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th February 2024 and were signed on its behalf by:



Mr J P R Holder - Director


AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023


1. STATUTORY INFORMATION

AML Analytics Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address (which is also its principal place of business) can be found on the Company Information page.

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

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about AML Analytics Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

When sales are made under a subscription arrangement the company recognise the income evenly over the period of subscription. Other one off sales of bespoke work or custom solutions are recognised based on the stage of completion.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual Property are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% straight line
Fixtures and fittings - 20% straight line
Motor vehicles - 25% straight line
Office equipment - 33% straight line

All fixed assets are initially recorded at cost.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year 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.


AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023


3. ACCOUNTING POLICIES - continued
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 year 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.

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.

Pension costs and other post-retirement benefits
The company contributes to defined contribution pension schemes. Contributions payable to the pension schemes are charged to the income statement in the period to which they relate.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 54 (2022 - 43 ) .

5. INTANGIBLE FIXED ASSETS
Intellectual
Property
£   
COST
At 1st July 2022
and 30th June 2023 365,657
AMORTISATION
Amortisation for year 18,283
At 30th June 2023 18,283
NET BOOK VALUE
At 30th June 2023 347,374
At 30th June 2022 365,657

AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023


6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Office
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st July 2022 37,988 84,443 344,238 52,045 518,714
Additions - 17,030 - 24,752 41,782
Disposals - - - (14,838 ) (14,838 )
At 30th June 2023 37,988 101,473 344,238 61,959 545,658
DEPRECIATION
At 1st July 2022 16,382 59,784 168,086 24,297 268,549
Charge for year 8,484 9,733 86,060 18,934 123,211
Eliminated on disposal - - - (14,817 ) (14,817 )
At 30th June 2023 24,866 69,517 254,146 28,414 376,943
NET BOOK VALUE
At 30th June 2023 13,122 31,956 90,092 33,545 168,715
At 30th June 2022 21,606 24,659 176,152 27,748 250,165

7. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1st July 2022
and 30th June 2023 2,577 100,011 102,588
NET BOOK VALUE
At 30th June 2023 2,577 100,011 102,588
At 30th June 2022 2,577 100,011 102,588

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,415,132 1,896,357
Amounts owed by group undertakings 65,290 373,583
Other debtors 2,742,282 2,106,500
4,222,704 4,376,440

Included in other debtors is £54,366 (2022: £37,297) in relation to prepayments and accrued income.

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 163,703 64,191
Amounts owed to group undertakings 1 1
Taxation and social security 273,177 108,928
Other creditors 3,512,464 2,878,409
3,949,345 3,051,529

AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023


9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Included in other creditors is £3,494,796 (2022: £2,855,717) in relation to accruals and deferred income.

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 251,537 251,537

11. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Other loans 251,537 251,537

These other loans are secured with a fixed and floating charge over the assets and undertakings of the company.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
95,000 Ordinary 1p 950 950

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th June 2023 and 30th June 2022:

2023 2022
£    £   
Mr J P R Holder
Balance outstanding at start of year 970,535 1,179,678
Amounts advanced 485,003 516,437
Amounts repaid (4,280 ) (725,580 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,451,258 970,535

The loan was unsecured, with interest charged at HMRC approved rates and the repayment date was unspecified.

14. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with group companies where any subsidiary that is a party to the transaction is wholly owned within the group or where transactions have been undertaken under normal market conditions.