Registration number: 09898242

AM Real Estate Management Limited

Contents

Company Information	1
Abridged Balance Sheet	2
Notes to the Abridged Financial Statements	3 to 6

AM Real Estate Management Limited

Company Information

Directors

Ms Saveria Veronica Ciani Mr Simone Billi Mr Massimo Di Amato

Registered office

75-77 Brook Street London W1K 4HX

Auditors

DTL Auditors Ltd 5th Floor, North Side 7/10 Chandos Street London W1G 9DQ

AM Real Estate Management Limited

(Registration number: 09898242)
Abridged Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	720,909	720,909
Current assets
Debtors		15,656	500
Cash at bank and in hand		13,937	16,005
		29,593	16,505
Prepayments and accrued income		3,048	3,553
Creditors: Amounts falling due within one year		(19,663)	(3,977)
Net current assets		12,978	16,081
Total assets less current liabilities		733,887	736,990
Creditors: Amounts falling due after more than one year		(503,705)	(503,705)
Accruals and deferred income		(253)	(146)
Net assets		229,929	233,139
Capital and reserves
Called up share capital	5	220,000	220,000
Retained earnings		9,929	13,139
Shareholders' funds		229,929	233,139

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 March 2025 and signed on its behalf by:
 

......................................... Ms Saveria Veronica Ciani Director

AM Real Estate Management Limited

Notes to the Abridged Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
75-77 Brook Street
London
W1K 4HX

These financial statements were authorised for issue by the Board on 14 March 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 17 September 2025 was , who signed for and on behalf of DTL Auditors Ltd.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

AM Real Estate Management Limited

Notes to the Abridged Financial Statements for the Year Ended 31 December 2024

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Investment property

Investment properties are held for rental income or capital appreciation and initially recorded at cost. They are subsequently measured at fair value, with annual valuations carried out by the directors.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

AM Real Estate Management Limited

Notes to the Abridged Financial Statements for the Year Ended 31 December 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 January 2024	720,909	720,909
At 31 December 2024	720,909	720,909
Depreciation
Carrying amount
At 31 December 2024	720,909	720,909
At 31 December 2023	720,909	720,909

The Directors, taking into account the TREND HISTORY OF THE market and the development of the area, theproperty is shown at a valuation which has been provided by the Directors. In making their valuation, they haveused their experience of the market, and taken into account any variances in the market since 31 December2023.

AM Real Estate Management Limited

Notes to the Abridged Financial Statements for the Year Ended 31 December 2024

5	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £1 each	220,000	220,000	220,000	220,000

6

Dividends

		2024		2023
		£		£
Final dividend of £13,139.00 (2023 - £Nil) per ordinary share		13,139		-

7	Parent and ultimate parent undertaking

The company's immediate parent is VGL Investment Limited, incorporated in England and Wales.