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REGISTERED NUMBER: 07135556 (England and Wales)



Financial Statements for the Year Ended 31 January 2023

for

AMPG LIMITED

AMPG LIMITED (Registered number: 07135556)

Contents of the Financial Statements
for the Year Ended 31 January 2023










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 8


AMPG LIMITED

Company Information
for the Year Ended 31 January 2023







DIRECTORS: A Ahuja
Ms H Mayerova





REGISTERED OFFICE: U1 South Fens Business Centre
Fenton Way
Chatteris
Cambridgeshire
PE16 6TT





REGISTERED NUMBER: 07135556 (England and Wales)





ACCOUNTANTS: BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

AMPG LIMITED (Registered number: 07135556)

Statement of Financial Position
31 January 2023

31.1.23 31.1.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,481,020 5,794,575

CURRENT ASSETS
Debtors 5 648,225 -
Cash at bank 211,560 88,744
859,785 88,744
CREDITORS
Amounts falling due within one year 6 (622,842 ) (723,437 )
NET CURRENT ASSETS/(LIABILITIES) 236,943 (634,693 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,717,963

5,159,882

CREDITORS
Amounts falling due after more than one year 7 (171,842 ) (731,942 )

PROVISIONS FOR LIABILITIES 9 (825,014 ) (620,350 )
NET ASSETS 5,721,107 3,807,590

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 4,212,283 3,339,768
Retained earnings 11 1,508,724 467,722
SHAREHOLDERS' FUNDS 5,721,107 3,807,590

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AMPG LIMITED (Registered number: 07135556)

Statement of Financial Position - continued
31 January 2023


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 9 October 2023 and were signed on its behalf by:





A Ahuja - Director


AMPG LIMITED (Registered number: 07135556)

Notes to the Financial Statements
for the Year Ended 31 January 2023


1. STATUTORY INFORMATION

AMPG 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Nil rate

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

AMPG LIMITED (Registered number: 07135556)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


4. TANGIBLE FIXED ASSETS
Freehold Motor
property vehicles Totals
£    £    £   
COST OR VALUATION
At 1 February 2022 5,793,300 12,784 5,806,084
Additions 642,480 - 642,480
Disposals (2,640,000 ) - (2,640,000 )
Revaluations 2,684,220 - 2,684,220
At 31 January 2023 6,480,000 12,784 6,492,784
DEPRECIATION
At 1 February 2022 - 11,509 11,509
Charge for year - 255 255
At 31 January 2023 - 11,764 11,764
NET BOOK VALUE
At 31 January 2023 6,480,000 1,020 6,481,020
At 31 January 2022 5,793,300 1,275 5,794,575

Cost or valuation at 31 January 2023 is represented by:

Freehold Motor
property vehicles Totals
£    £    £   
Valuation in 2017 258,003 - 258,003
Valuation in 2018 602,738 - 602,738
Valuation in 2018 2,205 - 2,205
Valuation in 2020 518,300 - 518,300
Valuation in 2021 534,893 - 534,893
Valuation in 2022 2,210,216 - 2,210,216
Valuation in 2023 2,684,220 - 2,684,220
Cost (330,575 ) 12,784 (317,791 )
6,480,000 12,784 6,492,784

AMPG LIMITED (Registered number: 07135556)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


4. TANGIBLE FIXED ASSETS - continued

If Freehold Properties had not been revalued it would have been included at the following historical cost:

31.1.23 31.1.22
£    £   
Cost 2,631,495 2,631,495

Value of land in freehold land and buildings 2,631,495 2,631,495

Freehold Properties were valued on Current Market Value basis on 31 January 2019 by Director of the company .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Directors' current accounts 648,225 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts (see note 8) 19,433 31
Amounts owed to group undertakings 1,289 -
Tax 597,665 102,271
Social security and other taxes 3,435 1,369
Pension Control Account 1,020 1,133
Directors' current accounts - 618,633
622,842 723,437

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans (see note 8) 171,842 731,942

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr 171,842 731,942

AMPG LIMITED (Registered number: 07135556)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


8. LOANS

An analysis of the maturity of loans is given below:

31.1.23 31.1.22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 19,433 31

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr 171,842 731,942

9. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 825,014 620,350

Deferred
tax
£   
Balance at 1 February 2022 620,350
Provided during year 510,001
Credit to Income Statement during year (305,337 )
Balance at 31 January 2023 825,014

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
100 Ordinary £1 100 100

AMPG LIMITED (Registered number: 07135556)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 February 2022 467,722 3,339,768 3,807,490
Profit for the year 1,041,002 1,041,002
No description - 2,174,218 2,174,218
SoCIE line item with acc967/31 - (1,301,703 ) (1,301,703 )
At 31 January 2023 1,508,724 4,212,283 5,721,007