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REGISTERED NUMBER: 13962739 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 8 MARCH 2022 TO 31 JANUARY 2023

FOR

AMPERITY UK LIMITED

AMPERITY UK LIMITED (REGISTERED NUMBER: 13962739)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 8 MARCH 2022 TO 31 JANUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AMPERITY UK LIMITED

COMPANY INFORMATION
FOR THE PERIOD 8 MARCH 2022 TO 31 JANUARY 2023







DIRECTORS: W Foley
A Pelly





REGISTERED OFFICE: 4th Floor, St. James House
St. James Square
Cheltenham
GL50 3PR





REGISTERED NUMBER: 13962739 (England and Wales)





AUDITORS: Mark Arber Limited
71-75 Shelton Street
Covent Garden
London
London
WC2H 9JQ

AMPERITY UK LIMITED (REGISTERED NUMBER: 13962739)

BALANCE SHEET
31 JANUARY 2023

Notes £   
CURRENT ASSETS
Debtors 5 4,596
Prepayments and accrued income 11,250
Cash at bank 71,495
87,341
CREDITORS
Amounts falling due within one year 6 72,171
NET CURRENT ASSETS 15,170
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,170

CAPITAL AND RESERVES
Called up share capital 7 1
Other reserves 4,269
Retained earnings 10,900
SHAREHOLDERS' FUNDS 15,170

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by:





A Pelly - Director


AMPERITY UK LIMITED (REGISTERED NUMBER: 13962739)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 8 MARCH 2022 TO 31 JANUARY 2023


1. STATUTORY INFORMATION

Amperity UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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:

The company is contracted by its parent company, Amperity Inc., to provide marketing and sales services within specific contracted regions. The company is remunerated by its parent company for these services.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Functional and presentation currency
The Company's functional currency is USD and presentational currency is GBP.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

AMPERITY UK LIMITED (REGISTERED NUMBER: 13962739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 8 MARCH 2022 TO 31 JANUARY 2023


2. ACCOUNTING POLICIES - continued

Going concern
The directors have sought and received response from the parent company that financial
support will be forthcoming for the next 12 months. On this basis, the director continues to
adopt the going concern basis of accounting in preparing the annual financial statements.

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

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

Creditors
Short term creditors are measured at the transaction price.

Share based payments
Where share options are awarded to employees, the fair value of the options at the date of grant is charged to profit or loss over the vesting period. Non-market vesting conditions are taken into account by adjusting the number of equity instruments expected to vest at each reporting date so that, ultimately, the cumulative amount recognised over the vesting period is based on the number of options that eventually vest. Market vesting conditions are factored into the fair value of the options granted. The cumulative expense is not adjusted for failure to achieve a market vesting condition.

The fair value of the award also takes into account non-vesting conditions. These are either factors beyond the control of either party (such as a target based on an index) or factors which are within the control of one or other of the parties (such as the Company keeping the scheme open or the employee maintaining any contributions required by the scheme).

Where the terms and conditions of options are modified before they vest, the increase in the fair value of the options, measured immediately before and after the modification, is also charged to profit or loss over the remaining vesting period.

Where equity instruments are granted to persons other than employees, profit or loss is charged with fair value of goods and services received.

The company has taken the exemption provided in FRS 102 Section 1.12D not to disclose details of share-based payment arrangements concerning equity instruments of another group entity

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. AUDITORS' REMUNERATION
£   
Fees payable to the company's auditors for the audit of the company's
financial statements

2,250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 4,596

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 7,230
Amounts owed to group undertakings 7,887
Taxation and social security 8,146
Other creditors 48,908
72,171

AMPERITY UK LIMITED (REGISTERED NUMBER: 13962739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 8 MARCH 2022 TO 31 JANUARY 2023


7. CALLED UP SHARE CAPITAL

On 8th March 2022, Amperity UK Limited issued 1 ordinary share at a nominal value of £1 which was allotted to its parent entity Amperity, Inc.

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The auditor's report on the financial statements for the year ended 31 January 2023 was unqualified.

The audit report was signed on 5th October 2023 by Mark Arber (Senior Statutory Auditor) on behalf of Mark Arber Limited.

9. ULTIMATE CONTROLLING PARTY

The Company is a wholly owned subsidiary of Amperity Inc., a company incorporated in the United States
of America.

The smallest group in which the results of the Company are consolidated is that headed by Amperity, Inc. The registered office of Amperity, Inc. is 251 Little Falls Drive, Wilmington, New Castle, DE, 19808, United States of America.