Company registration number 12972956 (England and Wales)
ANMAR LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
ANMAR LTD
COMPANY INFORMATION
Director
Mr M Davison-White
Company number
12972956
Registered office
4 Rutland Cottages
Back Street
Leeds
Maidstone
Kent
England
ME17 1TE
Accountants
Xeinadin South East Limited
12 Conqueror Court
Sittingbourne
Kent
United Kingdom
ME10 5BH
ANMAR LTD
CONTENTS
Page
Director's report
1
Accountants' report
2
Profit and loss account
3
Statement of comprehensive income
4
Balance sheet
5
Statement of changes in equity
6
Notes to the financial statements
7 - 9
ANMAR LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 OCTOBER 2024
- 1 -
The director presents his annual report and financial statements for the year ended 31 October 2024.
Principal activities
The principal activity of the company continued to be that of real estate agency.
Director
The director who held office during the year and up to the date of signature of the financial statements was as follows:
Mr M Davison-White
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Mr M Davison-White
Director
28 May 2025
ANMAR LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ANMAR LTD FOR THE YEAR ENDED 31 OCTOBER 2024
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Anmar Ltd for the year ended 31 October 2024 which comprise the profit and loss account, the statement of comprehensive income, the balance sheet, the statement of changes in equity 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 at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Anmar Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Anmar Ltd and state those matters that we have agreed to state to the board of directors of Anmar Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Anmar Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Anmar 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 profit of Anmar Ltd. You consider that Anmar 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 Anmar 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.
Xeinadin South East Limited
12 Conqueror Court
Sittingbourne
Kent
ME10 5BH
United Kingdom
28 May 2025
ANMAR LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2024
- 3 -
2024
2023
Notes
£
£
Turnover
34,068
-
Administrative expenses
(11,997)
(13,224)
Profit/(loss) before taxation
22,071
(13,224)
Tax on profit/(loss)
(1,805)
Profit/(loss) for the financial year
20,266
(13,224)
The profit and loss account has been prepared on the basis that all operations are continuing operations.
ANMAR LTD
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 OCTOBER 2024
- 4 -
2024
2023
£
£
Profit/(loss) for the year
20,266
(13,224)
Other comprehensive income
-
-
Total comprehensive income for the year
20,266
(13,224)
ANMAR LTD
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 5 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
4
276
274
Cash at bank and in hand
19,238
7,378
19,514
7,652
Creditors: amounts falling due within one year
5
(4,277)
(7,681)
Net current assets/(liabilities)
15,237
(29)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
15,235
(31)
Total equity
15,237
(29)
For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 28 May 2025
Mr M Davison-White
Director
Company registration number 12972956 (England and Wales)
ANMAR LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2024
- 6 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 November 2022
2
13,193
13,195
Year ended 31 October 2023:
Loss and total comprehensive income
-
(13,224)
(13,224)
Balance at 31 October 2023
2
(31)
(29)
Year ended 31 October 2024:
Profit and total comprehensive income
-
20,266
20,266
Dividends
-
(5,000)
(5,000)
Balance at 31 October 2024
2
15,235
15,237
ANMAR LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
- 7 -
1
Accounting policies
Company information
Anmar Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 4 Rutland Cottages, Back Street, Leeds, Maidstone, Kent, England, ME17 1TE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Turnover from the rendering of real estate agency services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computer Equipment
33% on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
ANMAR LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
1
Accounting policies
(Continued)
- 8 -
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
1.6
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was Nil (2023-Nil)
2024
2023
Number
Number
Total
ANMAR LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
- 9 -
3
Tangible fixed assets
Computer Equipment
£
Cost
At 1 November 2023 and 31 October 2024
1,945
Depreciation and impairment
At 1 November 2023 and 31 October 2024
1,945
Carrying amount
At 31 October 2024
At 31 October 2023
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
276
274
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxation and social security
1,805
Other creditors
2,472
7,681
4,277
7,681