Africa Merchant Capital Advisory Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09996845 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AFRICA MERCHANT CAPITAL ADVISORY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M Skoro

Mr I J Visagie

Mr G C Hughes

REGISTERED OFFICE:

80 Coleman Street,

London

EC2R 5BJ

REGISTERED NUMBER:

09996845 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

CURRENT ASSETS

Debtors

4

46,802

125,249

Cash at bank

5,635

91,280

52,437

216,529

CREDITORS

Amounts falling due within one year

5

44,072

212,985

NET CURRENT ASSETS

8,365

3,544

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,365

3,544

CAPITAL AND RESERVES

Called up share capital

6

2,700

Retained earnings

7

5,665

844

SHAREHOLDERS' FUNDS

8,365

3,544

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 September 2025 and were signed on its behalf by:

Mr M Skoro - Director

1.	STATUTORY INFORMATION

Africa Merchant Capital Advisory Ltd 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.

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

$

Trade debtors

-

107,792

Other debtors

46,802

17,024

Director's current account

-

433

46,802

125,249

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

$

Bank loans and overdrafts

-

3,150

Trade creditors

57

58

Corporation tax

40,564

62,155

Other creditors

219

74,390

Accruals and deferred income

3,232

73,232

44,072

212,985

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

$

1,350

Ordinary A Shares

1

1,350

Ordinary B Shares

1

1,350

2,700

7.

RESERVES

Retained

earnings

$

At 1 January 2024

844

Profit for the year

118,621

Dividends

(113,800

)

At 31 December 2024

5,665

8.	RELATED PARTY DISCLOSURES

Ultimate controlling party

The company is controlled by its directors.