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REGISTERED NUMBER: SC541582 (Scotland)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

AML DESIGN LIMITED

AML DESIGN LIMITED (REGISTERED NUMBER: SC541582)

Contents of the Financial Statements
for the Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AML DESIGN LIMITED

Company Information
for the Year Ended 31 August 2024







DIRECTOR: K G McKillop





REGISTERED OFFICE: 3 Bernham Avenue
Stonehaven
Kincardineshire
AB39 2WD





REGISTERED NUMBER: SC541582 (Scotland)






AML DESIGN LIMITED (REGISTERED NUMBER: SC541582)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 613 1,392

CURRENT ASSETS
Debtors 5 2,242 756
Cash at bank 36,604 30,825
38,846 31,581
CREDITORS
Amounts falling due within one year 6 19,219 16,201
NET CURRENT ASSETS 19,627 15,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,240

16,772

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 20,238 16,770
20,240 16,772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

AML DESIGN LIMITED (REGISTERED NUMBER: SC541582)

Balance Sheet - continued
31 August 2024


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 31 January 2025 and were signed by:





K G McKillop - Director


AML DESIGN LIMITED (REGISTERED NUMBER: SC541582)

Notes to the Financial Statements
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

AML Design Limited is a private company, limited by shares , registered in Scotland. 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.

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.
Computer equipment - 33% on 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

AML DESIGN LIMITED (REGISTERED NUMBER: SC541582)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 September 2023 3,710
Additions 217
Disposals (1,947 )
At 31 August 2024 1,980
DEPRECIATION
At 1 September 2023 2,318
Charge for year 492
Eliminated on disposal (1,443 )
At 31 August 2024 1,367
NET BOOK VALUE
At 31 August 2024 613
At 31 August 2023 1,392

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,242 756

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 168 138
Taxation and social security 15,562 12,886
Other creditors 3,489 3,177
19,219 16,201