Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2022-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2falseNo description of principal activity2true 08534525 2022-04-01 2023-03-31 08534525 2021-04-01 2022-03-31 08534525 2023-03-31 08534525 2022-03-31 08534525 c:Director1 2022-04-01 2023-03-31 08534525 d:PlantMachinery 2022-04-01 2023-03-31 08534525 d:PlantMachinery 2023-03-31 08534525 d:PlantMachinery 2022-03-31 08534525 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08534525 d:OfficeEquipment 2022-04-01 2023-03-31 08534525 d:OfficeEquipment 2023-03-31 08534525 d:OfficeEquipment 2022-03-31 08534525 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08534525 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08534525 d:CurrentFinancialInstruments 2023-03-31 08534525 d:CurrentFinancialInstruments 2022-03-31 08534525 d:Non-currentFinancialInstruments 2023-03-31 08534525 d:Non-currentFinancialInstruments 2022-03-31 08534525 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08534525 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 08534525 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 08534525 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 08534525 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 08534525 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-03-31 08534525 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 08534525 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 08534525 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 08534525 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-03-31 08534525 d:ShareCapital 2023-03-31 08534525 d:ShareCapital 2022-03-31 08534525 d:RetainedEarningsAccumulatedLosses 2023-03-31 08534525 d:RetainedEarningsAccumulatedLosses 2022-03-31 08534525 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 08534525 d:AcceleratedTaxDepreciationDeferredTax 2022-03-31 08534525 c:FRS102 2022-04-01 2023-03-31 08534525 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08534525 c:FullAccounts 2022-04-01 2023-03-31 08534525 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08534525 2 2022-04-01 2023-03-31 08534525 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 08534525









AMPLIFY PRESENTATIONS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
AMPLIFY PRESENTATIONS LTD
REGISTERED NUMBER: 08534525

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,359
748

  
3,359
748

Current assets
  

Debtors: amounts falling due within one year
 5 
95,927
85,388

Cash at bank and in hand
 6 
12,531
69,101

  
108,458
154,489

Creditors: amounts falling due within one year
 7 
(74,378)
(89,865)

Net current assets
  
 
 
34,080
 
 
64,624

Total assets less current liabilities
  
37,439
65,372

Creditors: amounts falling due after more than one year
 8 
(36,571)
(41,556)

Provisions for liabilities
  

Deferred tax
 10 
(638)
(142)

  
 
 
(638)
 
 
(142)

Net assets
  
230
23,674


Capital and reserves
  

Called up share capital 
  
20
20

Profit and loss account
  
210
23,654

  
230
23,674


Page 1

 
AMPLIFY PRESENTATIONS LTD
REGISTERED NUMBER: 08534525
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 income and retained earnings 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: 

................................................
S Bewley
Director

Date: 4 October 2023

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
AMPLIFY PRESENTATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Amplify Presentations Limited is a private limited company incorporated in the United Kingdom. The registered office is First Floor, Radius House, 51 Clarendon Road, Watford, Hertfordshire, United Kingdom, WD17 1HP.
The principal activity during the year continued to be that of public relations and communications activities.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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 GBP.

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
AMPLIFY PRESENTATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
AMPLIFY PRESENTATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 balance sheet 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 balance sheet 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 balance sheet date.

 
2.10

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.11

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.

Page 5

 
AMPLIFY PRESENTATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.11
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
4 years Straight Line
Office equipment
-
4 years Straight Line

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.

 
2.12

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.13

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.14

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.15

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.16

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

Page 6

 
AMPLIFY PRESENTATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.17

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.18

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2022
3,193
5,403
8,596


Additions
1,466
1,758
3,224



At 31 March 2023

4,659
7,161
11,820



Depreciation


At 1 April 2022
2,689
5,159
7,848


Charge for the year on owned assets
342
271
613



At 31 March 2023

3,031
5,430
8,461



Net book value



At 31 March 2023
1,628
1,731
3,359



At 31 March 2022
504
244
748

Page 7

 
AMPLIFY PRESENTATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
69,639
84,587

Other debtors
23,263
-

Prepayments and accrued income
3,025
801

95,927
85,388


Included within other debtors due within one year is a loan to a director, amounting to £20,863 (2022 - £0). The loan was charged interest at the official rate and is repayable within 9 months of the year end.




6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
12,531
69,101

12,531
69,101



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
4,982
4,717

Trade creditors
8,240
5,872

Corporation tax
24,746
32,226

Other taxation and social security
10,910
17,709

Other creditors
-
91

Accruals and deferred income
25,500
29,250

74,378
89,865


Page 8

 
AMPLIFY PRESENTATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
36,571
41,556

36,571
41,556



9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
4,982
4,717


4,982
4,717

Amounts falling due 1-2 years

Bank loans
10,758
10,229


10,758
10,229

Amounts falling due 2-5 years

Bank loans
18,123
17,329


18,123
17,329

Amounts falling due after more than 5 years

Bank loans
7,691
13,997

7,691
13,997

41,554
46,272


Page 9

 
AMPLIFY PRESENTATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

10.


Deferred taxation




2023


£






At beginning of year
(142)


Charged to profit or loss
(496)



At end of year
(638)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(638)
(142)

(638)
(142)

 
Page 10