Company registration number 07117817 (England and Wales)
Alem International Management Ltd
Unaudited Financial Statements
For the year ended 31 December 2022
Pages for filing with registrar
Alem International Management Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Alem International Management Ltd
Statement Of Financial Position
As at 31 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
-
-
Creditors: amounts falling due within one year
4
(2,307)
(2,307)
Net current liabilities
(2,307)
(2,307)
Capital and reserves
Called up share capital
500
500
Profit and loss reserves
(2,807)
(2,807)
Total equity
(2,307)
(2,307)
The notes on page 2 form part of these financial statements.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 21 August 2023
S.J. McCarthy
Director
Company Registration No. 07117817
Alem International Management Ltd
Notes To The Financial Statements
For the year ended 31 December 2022
- 2 -
1
General information
Alem International Management Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5 New Street Square, London, EC4A 3TW.
2
Accounting policies
2.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2.2
Going concern
The director believes the company is a going concern due to the ongoing financial support provided by its parent company, Além International Management, Inc.true
2.3
Income statement
The company has been dormant as defined in section 1169 of the Companies Act 2006 throughout both periods. During this time, the company did not receive any income or incur any expense and therefore no income statement is presented in these financial statements.
2.4
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
3
Employees
There were no employees in the current and preceding years.
4
Creditors: amounts falling due within one year
2022
2021
£
£
Amounts owed to group undertakings
2,307
2,307
5
Controlling party
The parent company is Além International Management, Inc, incorporated in the United States of America. It is also the parent of the smallest group for which consolidated accounts including Alem International Management Ltd are drawn up. Copies can be obtained from its registered office at 624 South Arthur Avenue, Louisville, CO 80027 USA.