REGISTERED NUMBER: 07781205 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AM SUPPORT AND CONSULTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A P Brocco

G Gooch

REGISTERED OFFICE:

10 John St Holborn

London

United Kingdom

WC1N 2EB

REGISTERED NUMBER:

07781205 (England and Wales)

AUDITORS:

Oury Clark Chartered Accountants

Statutory Auditors

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

CURRENT ASSETS

Debtors

4

243,023

243,034

Cash at bank

9,581

14,721

252,604

257,755

CREDITORS

Amounts falling due within one year

5

216,090

233,411

NET CURRENT ASSETS

36,514

24,344

TOTAL ASSETS LESS CURRENT LIABILITIES

36,514

24,344

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

36,513

24,343

SHAREHOLDERS' FUNDS

36,514

24,344

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 19 December 2025 and were signed on its behalf by:

G Gooch - Director

1.	STATUTORY INFORMATION

Am Support And Consulting 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 provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The functional currency is Chinese Yuan Renminbi (RMB). The presentation currency of the financial statements is the US Dollar ($).

Going concern

The directors intend to close the company within a period of 12 months and 1 day from the date of approval of the financial statements. The company has obtained a letter of support from its parent company, Advanced Markets (UK) Limited. The directors of Advanced Markets (UK) Limited have provided a commitment to provide any financial support which may be necessary in order that the company can meet its liabilities, as they fall due, until the company is closed.

Accordingly, the financial statements have been prepared using the alternative basis. There are no tangible or intangible non-current assets and liabilities held by the company at the reporting date. Consequently, the alternative basis has no effect on the reported results or financial position.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is calculated on a cost plus basis, and is recharged to a fellow group undertaking. Turnover is recognised when re-chargeable expenses are incurred.

Financial instruments

Basic Instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS102.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into USD at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into USD at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 2 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

$

$

Amounts owed by group undertakings

224,104

224,194

Other debtors

18,919

18,840

243,023

243,034

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

$

$

Trade creditors

2,217

-

Amounts owed to group undertakings

164,964

164,109

Taxation and social security

3,142

6,171

Other creditors and accruals

45,767

63,131

216,090

233,411

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

$

$

Within one year

5,238

1,375

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

$

$

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

$

At 1 January 2024

24,343

Profit for the year

12,170

At 31 December 2024

36,513

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Rachel Lockwood (Senior Statutory Auditor)

for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included within the full financial statements:-

"Emphasis of matter

We draw attention to Note 2 to the financial statements which explains the directors' intention to close the company within 12 months and 1 day from the signing of the audit report. The directors do not consider it appropriate to adopt the going concern basis. Accordingly, the accounts have been prepared on a basis other than going concern. Our opinion is unmodified in respect of this matter.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

10.	ULTIMATE PARENT COMPANY

The ultimate parent company is Advanced Markets Holdings LLC., a company incorporated at 1013 Centre Road Suite 403-A, Wilmington, Delaware, 19805, United States. The immediate parent company is Advanced Markets (UK) Limited, a company incorporated in the United Kingdom.

11.	ULTIMATE CONTROLLING PARTY

The directors believe there to be no ultimate controlling party.