NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024
Amini Corp UK Limited is a private company limited by shares and incorporated in England and Wales. The address and registered office is given in the company information page of these financial statements.
The company was incorporated on 13 July 2023 and commenced trading from this date. The accounting reference date was changed to 31 January to present results for the first period of six months.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
At the balance sheet date the company had net current liabilities of £9,819. The company is reliant on the support of its parent company to continue as a going concern, and therefore the company has prepared its financial statements on this basis.
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Foreign currency translation
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Functional and presentation currency
The Company's functional and presentational currency is GBP.
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
The average monthly number of employees, including directors, during the period was 1.
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