ACCOUNTS - Final Accounts preparation

Registered number: 03385816

AMBRO LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026


AMBRO LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 6


AMBRO LIMITED REGISTERED NUMBER:03385816

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		6,444		3,495
Current assets
Debtors: amounts falling due within one year	5	504,529		272,836
Cash at bank and in hand		1,032,680		1,565,164
		1,537,209		1,838,000
Creditors: amounts falling due within one year	6	(671,829)		(990,591)
Net current assets			865,380		847,409

Net assets			871,824		850,904

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		871,724	850,804
		871,824	850,904

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J V Spangler

Director

Date: 6 August 2026

The notes on pages 2 to 6 form part of these financial statements.

Page 1


AMBRO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Ambro Limited is a limited liability company incorporated in England and Wales with it registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company continued to be that of trading in non-ferrous metals.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax.

Turnover is recognised at the date of trade.

Turnover from consultancy fees is recognised in the period of which it relates.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 2


AMBRO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment

25%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Debtors

Short term debtors are measured at transaction price, less any impairment.

Page 3


AMBRO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

2.9

Creditors

Short term creditors are measured at the transaction price.

Employees

The average monthly number of employees, including directors, during the year was 5 (2025 - 5).

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 April 2025	5,352
	Additions	6,326
	Disposals	(3,547)
	At 31 March 2026	8,131
	Depreciation
	At 1 April 2025	1,857
	Charge for the year on owned assets	1,850
	Disposals	(2,020)
	At 31 March 2026	1,687
	Net book value
	At 31 March 2026	6,444
	At 31 March 2025	3,495

Page 4


AMBRO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Debtors

					2026	2025
					£	£


Trade debtors	461,412	190,834
Amounts owed by group undertakings	750	1,000
Other debtors	9,458	5,238
Prepayments and accrued income	32,909	75,764
	504,529	272,836

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	71,460	8,142
Amounts owed to group undertakings	496,206	919,452
Taxation and social security	32,623	25,532
Other creditors	4,858	578
Accruals and deferred income	66,682	36,887
	671,829	990,591

7.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

100 Ordinary shares shares of £1.00 each	100	100

8.	Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £27,571 (2025 - £10,297).

9.	Related party transactions
	The company has taken advantage of the exemption under FRS102 33.1A Related Party Disclosures not to disclose transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group.

Page 5


AMBRO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

10.	Controlling party

The parent company is Xenmet SA, a company registered in Liechtenstein.

The ultimate parent company is Ambro Capital Limited, a company registered in England and Wales.

There is no one ultimate controlling party.

11.	Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2026 was unqualified.

The audit report was signed on 6 August 2026 by Hazel Young (Senior Statutory Auditor) on behalf of Sopher + Co LLP.

Page 6