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REGISTERED NUMBER: 05778199 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 October 2024

for

AMTEL SERVICES (UK) LIMITED

AMTEL SERVICES (UK) LIMITED (REGISTERED NUMBER: 05778199)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMTEL SERVICES (UK) LIMITED

Company Information
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: MA Bak
M Bak





REGISTERED OFFICE: 3 Southernhay West
Exeter
Devon
EX1 1JG





REGISTERED NUMBER: 05778199 (England and Wales)





ACCOUNTANTS: Gravita Western Limited
3 Southernhay West
Exeter
Devon
EX1 1JG

AMTEL SERVICES (UK) LIMITED (REGISTERED NUMBER: 05778199)

Balance Sheet
31 OCTOBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 497 406
Cash at bank - 592
497 998
CREDITORS
Amounts falling due within one year 6 (78,678 ) (71,346 )
NET CURRENT LIABILITIES (78,181 ) (70,348 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(78,181

)

(70,348

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (78,183 ) (70,350 )
SHAREHOLDERS' FUNDS (78,181 ) (70,348 )

AMTEL SERVICES (UK) LIMITED (REGISTERED NUMBER: 05778199)

Balance Sheet - continued
31 OCTOBER 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:





MA Bak - Director


AMTEL SERVICES (UK) LIMITED (REGISTERED NUMBER: 05778199)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024


1. COMPANY INFORMATION

Amtel Services (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


The company's principal activities and nature of its operations are disclosed in the Directors' Report.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
Going concern
The company is reliant on the support of its director's and related company who have indicated that they will not demand repayment of the amount due from the company in the foreseeable future. They consider that with their continuing financial support, the company will have sufficient financial resources to meet its requirements for the future. Therefore these financial statements have been prepared on a going concern basis.

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

Cash and cash equivalents
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Taxation
Taxation for the year comprises current and deferred tax. 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 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.

Foreign currency
Profit and loss account transactions in foreign currencies are translated into sterling at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the closing rates at the balance sheet date and the exchange differences are included in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

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

AMTEL SERVICES (UK) LIMITED (REGISTERED NUMBER: 05778199)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2023
and 31 October 2024 2,414
DEPRECIATION
At 1 November 2023
and 31 October 2024 2,414
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 3
VAT 497 403
497 406

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 23 -
Trade creditors 24 648
Other creditors 62,638 60,362
Directors' current accounts 15,058 9,562
Accruals 935 774
78,678 71,346

7. RELATED PARTY DISCLOSURES

Related companies (under common control)
The company has loan balances with related companies.

At the balance sheet date included in debtors within one year is a balance of £3 (2023 £3) and included in creditors within one year is a balance of £62,638 (2023 £60,362). No interest is charged on these loans and they are repayable on demand.

At the balance sheet date included in creditors within one year is a balance of £17,335 (2023 £9,562). No interest is charged on these loans and they are repayable on demand.