Registration number:
AM Commercial Holding Ltd
for the Year Ended 31 March 2026
AM Commercial Holding Ltd
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
AM Commercial Holding Ltd
Company Information
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Directors |
A Falach M Edwards |
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Registered office |
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Accountants |
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AM Commercial Holding Ltd
(Registration number: 13943898)
Balance Sheet as at 31 March 2026
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Note |
31 March |
31 March |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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- |
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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 current liabilities |
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( |
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Total assets less current liabilities |
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Provisions for liabilities |
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- |
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Net assets |
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Capital and reserves |
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Called up share capital |
2 |
2 |
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Other reserves |
398,142 |
- |
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Profit and loss account |
258,267 |
248,915 |
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Shareholders' funds |
656,411 |
248,917 |
For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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AM Commercial Holding Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal place of business is:
59 Tanner Street
London
SE1 3PL
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 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 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.
The financial statements are presented in Pounds Sterling, which is also the functional currency of the Company. Rounding of amounts shown in the financial statements is to the nearest Pound.
Going concern
The financial statements have been prepared on a going concern basis.
AM Commercial Holding Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
Judgements
In the application of the Company's accounting policies, which are described above, management is required to make judgements, estimates, and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on judgement and experience together with any other factors that are considered to be relevant. Actual results may differ from these estimates. |
Estimates and any underlying assumptions used are reviewed on a continuing 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 the current period and subsequent periods. |
Key sources of estimation uncertainty
The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Valuation of freehold and leasehold land and buildings held as investment properties
As discussed in the notes to the financial statements, freehold and leasehold land and buildings held as investment property are stated at fair value on an open market existing use basis. This policy requires that a reasonable assessment of fair value is capable of being made and that market value reflects fair value. The carrying amount is £4,691,279 (2025 -£4,160,423).
Revenue recognition
Revenue represents amounts receivable for rent and is recognised when it is due. Revenue 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.
Tax
The tax expense for the period comprises current and deferred 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.
Deferred corporation tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred corporation tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.
AM Commercial Holding Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
Investment property
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.
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.
Provisions
Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
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.
AM Commercial Holding Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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.
Financial instruments
Classification
Recognition and measurement
Impairment
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Investment properties |
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31 March |
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At 1 April |
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Fair value adjustments |
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At 31 March |
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The valuation of the investment property was carried out by an independent commercial agent on 20 February 2023.
The comparable historical cost of the leasehold land and buildings held as investment properties amounted to £4,160,423 (2025 - £4,160,423).
AM Commercial Holding Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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Debtors |
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Current |
Note |
31 March |
31 March |
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Amounts owed by related parties |
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- |
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- |
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Creditors |
Creditors: amounts falling due within one year
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Note |
31 March |
31 March |
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Due within one year |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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- |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
- |
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Share capital |
Allotted, called up and fully paid shares
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31 March |
31 March |
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No. |
£ |
No. |
£ |
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2 |
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2 |
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Reserves |
The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:
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Non-distributable reserve |
Total |
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Surplus/(deficit) on investment properties revaluation (gross) |
530,856 |
530,856 |
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Deferred tax effect |
(132,714) |
(132,714) |
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AM Commercial Holding Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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Related party transactions |
During the period the company charged rent to Global Legal Group Limited which is incorporated in England and Wales. A director has a beneficial interest in the company. The amount of rent receivable for the year amounted to £100,000 (2025 - £98,917).
Included in other creditors due within one year is an amount of £Nil owed to the director (2025 - £3,882,582). The loan is provided interest free, unsecured, and repayable on demand.
Included in debtors due within one year is an amount of £53,600 (2025 - £Nil) owed by AM Commercial Holdco Limited and £1,600 (2025 - £Nil) owed by AM Commercial Debtco Limited. These balances are provided interest free, unsecured, and repayable on demand.
Included in creditors due within one year is an amount of £3,988,987 (2025 - £Nil) owed to AM Commercial Debtco Limited on which interest is payable at 5.5% per annum, the loan is unsecured, and is repayable on demand.
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Parent and ultimate parent undertaking |
The company's immediate and ultimate parent is