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REGISTERED NUMBER: 09248656















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

AMIGO INTERNATIONAL TRADING LIMITED

AMIGO INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 09248656)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AMIGO INTERNATIONAL TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: S M Mehta
A Banerjee
A Mehta





REGISTERED OFFICE: 97 New Bond Street
London
W1S 1SL





REGISTERED NUMBER: 09248656





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

AMIGO INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 09248656)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,639 23,519

CURRENT ASSETS
Stocks 5 30,000 30,000
Debtors 6 263,088 405,000
Cash at bank and in hand 5,302 13,077
298,390 448,077
CREDITORS
Amounts falling due within one year 7 22,822 129,314
NET CURRENT ASSETS 275,568 318,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

293,207

342,282

CREDITORS
Amounts falling due after more than one year 8 34,152 40,835
NET ASSETS 259,055 301,447

CAPITAL AND RESERVES
Called up share capital 76,000 76,000
Retained earnings 183,055 225,447
SHAREHOLDERS' FUNDS 259,055 301,447

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 30 October 2024 and were signed on its behalf by:





S M Mehta - Director


AMIGO INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 09248656)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Amigo International Trading Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2023
and 31 December 2023 62,801
DEPRECIATION
At 1 January 2023 39,282
Charge for year 5,880
At 31 December 2023 45,162
NET BOOK VALUE
At 31 December 2023 17,639
At 31 December 2022 23,519

AMIGO INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 09248656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. STOCKS
31.12.23 31.12.22
£    £   
Finished goods 30,000 30,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 12,913 2,854
Amounts owed by associated companies 105,175 125,175
Other debtors 145,000 276,971
263,088 405,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 6,684 6,519
Trade creditors - 9,465
Amounts owed to associated companies 3,000 3,000
Taxation and social security 7,564 18,012
Other creditors 5,574 92,318
22,822 129,314

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 34,152 40,835

Amounts falling due in more than five years:

Repayable by instalments
Bank Loans due after more than
5 years 5,684 13,069
5,684 13,069

9. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £362 (2022: £20,010) due to S M Mehta, director of the company.

Included in debtors is an amount of £105,175 (2022: £105,175) due from The East India Company Gin Limited, a company related by virtue of common control and director.

Also, included in debtors is an amount of £145,000 [2022:£145,000] is amount due from Shuruat Limited, a company managed and controlled by a close family member of S M Mehta.

Included in creditors is an amount of £3,000 (2022: £20,000 due from) due to The East India Company Collection Limited, a company related by virtue of common control and director.

There are no terms as to interest and repayment in respect of these balances.