BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company was that of financial intermediation and holding of investment property. 22 May 2025 1 1 NI659605 2025-03-31 NI659605 2024-03-31 NI659605 2023-03-31 NI659605 2024-04-01 2025-03-31 NI659605 2023-04-01 2024-03-31 NI659605 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI659605 uk-curr:PoundSterling 2024-04-01 2025-03-31 NI659605 uk-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI659605 uk-bus:AbridgedAccounts 2024-04-01 2025-03-31 NI659605 uk-core:ShareCapital 2025-03-31 NI659605 uk-core:ShareCapital 2024-03-31 NI659605 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI659605 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI659605 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 NI659605 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 NI659605 uk-bus:FRS102 2024-04-01 2025-03-31 NI659605 uk-core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 NI659605 2024-04-01 2025-03-31 NI659605 uk-bus:Director1 2024-04-01 2025-03-31 NI659605 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI659605
 
 
AMC Legacy Holdings Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 March 2025
AMC Legacy Holdings Ltd
Company Registration Number: NI659605
ABRIDGED BALANCE SHEET
as at 31 March 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 4 101,088 101,228
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Current Assets
Debtors 207,791 335,948
Cash at bank and in hand 135,881 83,497
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343,672 419,445
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Creditors: amounts falling due within one year (5,834) (6,593)
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Net Current Assets 337,838 412,852
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Total Assets less Current Liabilities 438,926 514,080
 
Creditors:
amounts falling due after more than one year (335,272) (430,904)
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Net Assets 103,654 83,176
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Capital and Reserves
Called up share capital 10 10
Retained earnings 103,644 83,166
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Shareholders' Funds 103,654 83,176
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 22 May 2025
           
           
           
________________________________          
Mr. Martin McCarron          
Director          
           



AMC Legacy Holdings Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 March 2025

   
1. General Information
 
AMC Legacy Holdings Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI659605. The registered office of the company is 2 Church Street, Ballygawley, Co. Tyrone, BT70 2HB, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 20% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).
 
  2025 2024
  Number Number
 
Director 1 1
  ═════════ ═════════
         
4. Tangible assets
  Investment Fixtures, Total
  properties fittings and  
    equipment  
  £ £ £
Cost
At 1 April 2024 101,088 700 101,788
  ───────── ───────── ─────────
 
At 31 March 2025 101,088 700 101,788
  ───────── ───────── ─────────
Depreciation
At 1 April 2024 - 560 560
Charge for the financial year - 140 140
  ───────── ───────── ─────────
At 31 March 2025 - 700 700
  ───────── ───────── ─────────
Net book value
At 31 March 2025 101,088 - 101,088
  ═════════ ═════════ ═════════
At 31 March 2024 101,088 140 101,228
  ═════════ ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 March 2025.
   
6. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.