(formerly
Period from 18 December 2024 to
Registration number:
Ambrey Global Response Ltd
Balance Sheet
30 June 2025
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Note |
2025 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
100 |
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Profit and loss account |
13,427 |
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Shareholders' funds |
13,527 |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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......................................... |
Company Registration Number: 16143286
Ambrey Global Response Ltd
Notes to the Financial Statements
Period from 18 December 2024 to 30 June 2025
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The company was formerly known as Ambrey Global Respond Ltd.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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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 financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
Going concern
On the basis of their assessment of the company's financial position and resources, the directors believe that the company is well placed to manage its business risks. Therefore the directors have a reasonable expectation that the company have adequate resources to continue in operational existence for the foreseeable future, and the directors are satisfied that it remains appropriate for the company to adopt the going concern basis of accounting in preparing these financial statements.
In making their going concern assessment, the directors have given consideration to the operations and financial performance and position of both the company and the wider group. While recognising that there can be no certainty, having considered these factors and made all necessary enquiries, the directors are satisfied that the company will continue to meet its liabilities as they fall due, and is satisfied that the company will continue to operate with sufficient cash headroom for a period of at least 12 months (from the date of approval of these financial statements).
Ambrey Global Response Ltd
Notes to the Financial Statements
Period from 18 December 2024 to 30 June 2025
Key sources of estimation uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The key accounting judgements that have a significant impact on the financial statements are described below.
In preparing these financial statements, the directors undertook a review, with the assistance of independent advisers, to determine the appropriate allocation of costs to the project from other group companies in accordance with the group's transfer pricing arrangements. As a result of this review, costs and the related profit have been recognised accordingly. Disclosure of the amounts relating to these transfer pricing adjustments has not been made on the grounds that such disclosure would be seriously prejudicial to the commercial interests of the company.
The other key judgement relates to going concern, as described above.
The key estimates that have a significant effect on the amounts recognised in the financial statements are described below.
Amounts due from group undertakings are recognised net of provisions for doubtful debts, which requires an estimation of the amounts recoverable from other group companies. A review of intercompany debtors confirmed that no provision is required in the current year. The carrying amount is £3,512,547.
Revenue recognition
Turnover comprises the fair value of the consideration receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
Revenue in respect of maritime salvage activities is recognised with respect to the stage of completion of the project, based on the costs incurred with a cost plus mark up in line with the contract term.
Foreign currency transactions and balances
Ambrey Global Response Ltd
Notes to the Financial Statements
Period from 18 December 2024 to 30 June 2025
Tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current corporation 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.
Financial instruments
Classification
• Short term trade and other debtors and creditors;
• Intercompany debtors and creditors; and
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Except for derivative financial instruments measured as fair value, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
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Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
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Debtors |
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Note |
2025 |
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Amounts due from group undertakings |
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Ambrey Global Response Ltd
Notes to the Financial Statements
Period from 18 December 2024 to 30 June 2025
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Creditors |
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Note |
2025 |
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Due within one year |
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Trade creditors |
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Amounts owed to group undertakings |
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Corporation tax |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2025 |
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No. |
£ |
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100 |
On incorporation, the Company issued 100 ordinary shares of £1 each, resulting in issued share capital of £100.
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Related party transactions |
The company has taken advantage of the exemption available under Section 1A of FRS 102 and has therefore not disclosed transactions entered into between wholly owned members of the group.
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Audit report |
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Parent and ultimate parent undertaking |
The company's immediate parent is
There is no ultimate controlling party.
The parent of the smallest group in which these financial statements are consolidated is
The address of Ambrey Limited is: