AMPOFO CONSTRUCTION GROUP LIMITED

Company Registration Number:
13492831 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

AMPOFO CONSTRUCTION GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AMPOFO CONSTRUCTION GROUP LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Isaac Ampofo Addo
Registered office: 25
Grange Drive
Manchester
England
M9 7AJ
Company Registration Number: 13492831 (England and Wales)

AMPOFO CONSTRUCTION GROUP LIMITED

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

The principal activities of the company is mainly providing specialised drylining services to contractors and subcontractors in commercial and for new built homes and apartments. The company operates in mainly in a business to business set ups

Political and charitable donations

The company's charitable donations during the period amounted to £100. No political donations were made by the company.

Directors

The directors shown below have held office during the whole of the period from 01 August 2022 to 31 July 2023
Isaac Ampofo Addo

This report was approved by the board of directors on 31 October 2023
And Signed On Behalf Of The Board By:

Name: Isaac Ampofo Addo
Status: Director

AMPOFO CONSTRUCTION GROUP LIMITED

Profit and Loss Account

for the Period Ended 31 July 2023


Notes

2023
£
13 months to
31 Jul 2022
£
Turnover 449,723 263,273
Cost of sales ( 432,006 ) ( 256,145 )
Gross Profit or (Loss) 17,717 7,128
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 1,895 ) ( 34 )
Administrative Expenses ( 16,533 ) ( 7,244 )
Operating Profit or (Loss) ( 711 ) ( 150 )
Profit or (Loss) Before Tax ( 711 ) ( 150 )
Profit or (Loss) for Period ( 711 ) ( 150 )

The notes form part of these financial statements

AMPOFO CONSTRUCTION GROUP LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£
13 months to
31 Jul 2022
£
Fixed assets
Intangible assets: 4 2,668
Tangible assets: 5 471
Total fixed assets: 3,139
Current assets
Debtors: 6 2,950 1,931
Cash at bank and in hand: 11,405 4,020
Total current assets: 14,355 5,951
Net current assets (liabilities): 14,355 5,951
Total assets less current liabilities: 17,494 5,951
Accruals and deferred income: ( 17,354 ) ( 5,100 )
Total net assets (liabilities): 140 851

The notes form part of these financial statements

AMPOFO CONSTRUCTION GROUP LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£
13 months to
31 Jul 2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: ( 860 ) ( 149 )
Shareholders funds: 140 851

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 October 2023
And Signed On Behalf Of The Board By:

Name: Isaac Ampofo Addo
Status: Director

The notes form part of these financial statements

AMPOFO CONSTRUCTION GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover recognised based on the service provided gross tax. Turnover can be reconciled with the payment receipts in the period.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are depreciated over its 2 years economic useful life in the financial year due to the level of wear and tear.

    Intangible fixed assets amortisation policy

    Intangible assets are amortised based on assets economic life.

    Valuation information and policy

    Stocks and work in progress are valued at the lower of cost and net realisable value taking into account directly related expenses.

    The business operation at present, such valuation is not needed.

    Other accounting policies

    Pension or retirement benefit will be paid base on the Department for Work and Pensions (DWP) earnings thresholds. Employees' and directors will be automatic enrolment based on The Pension Regulator recommendation.

AMPOFO CONSTRUCTION GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023
    13 months to
    31 Jul 2022
    Average number of employees during the period 1 0

    Director salary was agreed and payable from April 2023.

AMPOFO CONSTRUCTION GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

AMPOFO CONSTRUCTION GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Intangible assets

Other Total
Cost £ £
At 01 August 2022 - -
Additions 2,668 2,668
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2023 2,668 2,668
Amortisation
Amortisation at 01 August 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 July 2023 - -
Net book value
Net book value at 31 July 2023 2,668 2,668
Net book value at 31 July 2022 - -

Trademark 10 years £1,185.00
Domain Registration and Webhosting 10 years £1,483.00


AMPOFO CONSTRUCTION GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Tangible assets

Plant & machinery Total
Cost £ £
At 01 August 2022 - -
Additions 941 941
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2023 941 941
Depreciation
At 01 August 2022 - -
Charge for year 470 470
On disposals - -
Other adjustments - -
At 31 July 2023 470 470
Net book value
At 31 July 2023 471 471
At 31 July 2022 - -

Fixed Assets are depreciated over its 2 years useful economic life

AMPOFO CONSTRUCTION GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Debtors


2023
£
13 months to
31 Jul 2022
£
Other debtors 2,950 1,931
Total 2,950 1,931