Company registration number: 12317390
Unaudited financial statements
for the year ended 30 November 2024
for
Ami Ventures Limited
Pages for filing with the Registrar
Company registration number: 12317390
Ami Ventures Limited
Balance sheet
as at 30 November 2024
30 Nov 24 30 Nov 23
Note £ £ £ £
Fixed assets
Tangible assets 4 972 730
Investments 5 100,000 60,000
100,972 60,730
Current assets
Debtors 169,974 182,836
Cash at bank and in hand 109,460 160,900
279,434 343,736
Creditors: amounts falling due within one
year
(43,010) (79,232)
Net current assets 236,424 264,504
Total assets less current liabilities 337,396 325,234
NET ASSETS 337,396 325,234
Capital and reserves
Called up share capital 1 1
Profit and loss account 337,395 325,233
TOTAL EQUITY 337,396 325,234
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 12317390
Ami Ventures Limited
Balance sheet - continued
as at 30 November 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 14 July 2025 and signed on its behalf by:
Dr A Imafidon, Director
14 July 2025
2
Ami Ventures Limited
Notes to the financial statements
for the year ended 30 November 2024
1 Company information
Ami Ventures Limited is a private company registered in England and Wales. Its registered number is 12317390. The company is limited by shares. Its registered office is International House, 64 Nile Street, London, N1 7SR.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures and fittings - 33.33% straight line
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3
Ami Ventures Limited
Notes to the financial statements - continued
for the year ended 30 November 2024
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 December 2023 18,048
Additions 986
At 30 November 2024 19,034
Depreciation
At 1 December 2023 17,318
Charge for year 744
At 30 November 2024 18,062
Net book value
At 30 November 2024 972
At 30 November 2023 730
If fixtures and fittings had not been revalued, they would have been included at the following historical cost:
30 Nov 24 30 Nov 23
£ £
Cost 18,048 18,048
Accumulated depreciation 17,318 17,318
4
Ami Ventures Limited
Notes to the financial statements - continued
for the year ended 30 November 2024
5 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
Other
investments
other than
loans
Totals
£ £ £
Cost
At 1 December 2023 20,000 40,000 60,000
Additions - 40,000 40,000
At 30 November 2024 20,000 80,000 100,000
Net book value
At 30 November 2024 20,000 80,000 100,000
At 30 November 2023 20,000 40,000 60,000
5