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REGISTERED NUMBER: 06882569 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

AMLAEN LTD

AMLAEN LTD (REGISTERED NUMBER: 06882569)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

AMLAEN LTD

Company Information
for the Year Ended 30 April 2024







DIRECTOR: R L O'Reilly





SECRETARY:





REGISTERED OFFICE: Llanover House
LLanover Road
Pontypridd
Mid Glamorgan
CF37 4DY





REGISTERED NUMBER: 06882569 (England and Wales)





ACCOUNTANTS: James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY

AMLAEN LTD (REGISTERED NUMBER: 06882569)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,952 2,603
Investment property 5 942,031 942,031
943,983 944,634

CURRENT ASSETS
Cash at bank - 171

CREDITORS
Amounts falling due within one year 6 173,052 156,594
NET CURRENT LIABILITIES (173,052 ) (156,423 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

770,931

788,211

CREDITORS
Amounts falling due after more than one
year

7

(406,967

)

(423,222

)

PROVISIONS FOR LIABILITIES (57,540 ) (57,540 )
NET ASSETS 306,424 307,449

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 306,324 307,349
SHAREHOLDERS' FUNDS 306,424 307,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 January 2025 and were signed by:



R L O'Reilly - Director


AMLAEN LTD (REGISTERED NUMBER: 06882569)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Amlaen Ltd 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 as modified by the revaluation of certain assets.

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% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

AMLAEN LTD (REGISTERED NUMBER: 06882569)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023
and 30 April 2024 6,000
DEPRECIATION
At 1 May 2023 3,397
Charge for year 651
At 30 April 2024 4,048
NET BOOK VALUE
At 30 April 2024 1,952
At 30 April 2023 2,603

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 942,031
NET BOOK VALUE
At 30 April 2024 942,031
At 30 April 2023 942,031

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2013 421,058
Valuation in 2016 (19,378 )
Cost 540,351
942,031

The properties were valued by the director in April 2016.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 57,267 56,829
Trade creditors 2,375 3,261
Taxation and social security 3,666 2,935
Other creditors 109,744 93,569
173,052 156,594

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 406,967 423,222

AMLAEN LTD (REGISTERED NUMBER: 06882569)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank overdrafts 19,979 19,541
Bank loans 444,255 460,510
464,234 480,051

Bank loans and overdraft are secured on the investment properties

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits resulting in amounts owed to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
R L O'Reilly
Balance outstanding at start of year (93,569 ) (51,836 )
Amounts advanced 1,420 -
Amounts repaid (17,595 ) (41,733 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (109,744 ) (93,569 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is R L O'Reilly.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Amlaen Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Amlaen Ltd for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Amlaen Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Amlaen Ltd and state those matters that we have agreed to state to the director of Amlaen Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Amlaen Ltd and its director for our work or for this report.

It is your duty to ensure that Amlaen 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 loss of Amlaen Ltd. You consider that Amlaen Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Amlaen Ltd. For this reason, 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 financial statements.






James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY


16 January 2025