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REGISTERED NUMBER: 07290924 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

AML ANALYTICS LTD

AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AML ANALYTICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr J P R Holder
Mr B S Padgett





REGISTERED OFFICE: Norman Court
West Tytherley
Salisbury
Hampshire
SP5 1NH





REGISTERED NUMBER: 07290924 (England and Wales)






AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 329,091 347,374
Tangible assets 6 248,077 168,715
Investments 7 102,587 102,588
679,755 618,677

CURRENT ASSETS
Debtors 8 3,871,796 4,222,704
Cash at bank 107,234 745,713
3,979,030 4,968,417
CREDITORS
Amounts falling due within one year 9 3,604,658 3,949,345
NET CURRENT ASSETS 374,372 1,019,072
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,054,127

1,637,749

CREDITORS
Amounts falling due after more than one year 10 407,581 251,537
NET ASSETS 646,546 1,386,212

CAPITAL AND RESERVES
Called up share capital 12 950 950
Retained earnings 645,596 1,385,262
SHAREHOLDERS' FUNDS 646,546 1,386,212

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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 8 April 2025 and were signed on its behalf by:




Mr J P R Holder - Director


AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

AML Analytics Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address (which is also its principal place of business) can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about AML Analytics Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

When sales are made under a subscription arrangement the company recognise the income evenly over the period of subscription. Other one off sales of bespoke work or custom solutions are recognised based on the stage of completion.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual Property are being amortised evenly over their estimated useful life of twenty years.

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% straight line
Fixtures and fittings - 20% straight line
Motor vehicles - 25% straight line
Office equipment - 33% straight line

All fixed assets are initially recorded at cost.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.


AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company contributes to defined contribution pension schemes. Contributions payable to the pension schemes are charged to the income statement in the period to which they relate.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 62 (2023 - 49 ) .

5. INTANGIBLE FIXED ASSETS
Intellectual
Property
£   
COST
At 1 July 2023
and 30 June 2024 365,657
AMORTISATION
At 1 July 2023 18,283
Amortisation for year 18,283
At 30 June 2024 36,566
NET BOOK VALUE
At 30 June 2024 329,091
At 30 June 2023 347,374

AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Office
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 37,988 101,473 344,238 61,959 545,658
Additions 482 1,330 235,047 23,377 260,236
Disposals - - - (18,784 ) (18,784 )
At 30 June 2024 38,470 102,803 579,285 66,552 787,110
DEPRECIATION
At 1 July 2023 24,866 69,517 254,146 28,414 376,943
Charge for year 8,412 10,966 140,630 20,848 180,856
Eliminated on disposal - - - (18,766 ) (18,766 )
At 30 June 2024 33,278 80,483 394,776 30,496 539,033
NET BOOK VALUE
At 30 June 2024 5,192 22,320 184,509 36,056 248,077
At 30 June 2023 13,122 31,956 90,092 33,545 168,715

7. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 July 2023 2,577 100,011 102,588
Disposals (1 ) - (1 )
At 30 June 2024 2,576 100,011 102,587
NET BOOK VALUE
At 30 June 2024 2,576 100,011 102,587
At 30 June 2023 2,577 100,011 102,588

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,079,938 1,415,132
Amounts owed by group undertakings 15,882 65,290
Other debtors 2,775,976 2,742,282
3,871,796 4,222,704

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 16,363 -
Trade creditors 79,231 163,703
Amounts owed to group undertakings 1 1
Taxation and social security 80,137 273,177
Other creditors 3,428,926 3,512,464
3,604,658 3,949,345

AML ANALYTICS LTD (REGISTERED NUMBER: 07290924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 156,044 -
Other creditors 251,537 251,537
407,581 251,537

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 172,407 -
Other loans 251,537 251,537
423,944 251,537

The hire purchase contracts are secured against the assets to which they relate.

The other loans are secured with a fixed and floating charge over the assets and undertakings of the company.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
95,000 Ordinary 1p 950 950

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
Mr J P R Holder
Balance outstanding at start of year 1,451,258 970,535
Amounts advanced 255,874 485,003
Amounts repaid (5,833 ) (4,280 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,701,299 1,451,258

The loan was unsecured, with interest charged at HMRC approved rates and the repayment date was unspecified.

14. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with group companies where any subsidiary that is a party to the transaction is wholly owned within the group or where transactions have been undertaken under normal market conditions.