Acorah Software Products - Accounts Production 15.0.600 false true false 25 August 2022 31 December 2023 31 December 2023 14318365 Mr Andrew Elwell Mr Eric Van Honk AMPOWR B.V. true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14318365 2022-08-24 14318365 2023-12-31 14318365 2022-08-25 2023-12-31 14318365 frs-core:CurrentFinancialInstruments 2023-12-31 14318365 frs-core:BetweenOneFiveYears 2023-12-31 14318365 frs-core:ComputerEquipment 2023-12-31 14318365 frs-core:ComputerEquipment 2022-08-25 2023-12-31 14318365 frs-core:ComputerEquipment 2022-08-24 14318365 frs-core:FurnitureFittings 2023-12-31 14318365 frs-core:FurnitureFittings 2022-08-25 2023-12-31 14318365 frs-core:FurnitureFittings 2022-08-24 14318365 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 14318365 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-08-25 2023-12-31 14318365 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-08-24 14318365 frs-core:WithinOneYear 2023-12-31 14318365 frs-core:ShareCapital 2023-12-31 14318365 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14318365 frs-bus:PrivateLimitedCompanyLtd 2022-08-25 2023-12-31 14318365 frs-bus:FilletedAccounts 2022-08-25 2023-12-31 14318365 frs-bus:SmallEntities 2022-08-25 2023-12-31 14318365 frs-bus:AuditExempt-NoAccountantsReport 2022-08-25 2023-12-31 14318365 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-25 2023-12-31 14318365 1 2022-08-25 2023-12-31 14318365 frs-bus:Director1 2022-08-25 2023-12-31 14318365 frs-bus:Director2 2022-08-25 2023-12-31 14318365 frs-core:CurrentFinancialInstruments 1 2023-12-31 14318365 frs-countries:EnglandWales 2022-08-25 2023-12-31
Registered number: 14318365
Ampowr UK Ltd
Unaudited Financial Statements
For the Period 25 August 2022 to 31 December 2023
Harrisons Accountancy Ltd
Harrison House Sheep Walk
Langford Road
Biggleswade
Bedfordshire
SG18 9RB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 14318365
31 December 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 35,491
35,491
CURRENT ASSETS
Debtors 5 43,497
Cash at bank and in hand 34,202
77,699
Creditors: Amounts Falling Due Within One Year 6 (465,158 )
NET CURRENT ASSETS (LIABILITIES) (387,459 )
TOTAL ASSETS LESS CURRENT LIABILITIES (351,968 )
NET LIABILITIES (351,968 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (351,969 )
SHAREHOLDERS' FUNDS (351,968)
For the period ending 31 December 2023 the company was entitled to exemption from audit 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Andrew Elwell
Director
20/08/2024
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Ampowr UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14318365 . The registered office is No.11f2 Mereside, Alderley Park, Congleton Road, Nether Alderley, United Kingdom, SK10 4TG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 20% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 20% on cost
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4
4
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 25 August 2022 - - - -
Additions 20,645 14,004 2,575 37,224
As at 31 December 2023 20,645 14,004 2,575 37,224
...CONTINUED
Page 2
Page 3
Depreciation
As at 25 August 2022 - - - -
Provided during the period 876 719 138 1,733
As at 31 December 2023 876 719 138 1,733
Net Book Value
As at 31 December 2023 19,769 13,285 2,437 35,491
As at 25 August 2022 - - - -
5. Debtors
31 December 2023
£
Due within one year
Prepayments and accrued income 5,042
Rent deposit 13,034
VAT 25,021
Amounts owed by group undertakings 400
43,497
6. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Trade creditors 30,856
Other loans 405,000
Other taxes and social security 707
Pension fund 147
Accruals and deferred income 3,375
Amounts owed to parent undertaking 25,073
465,158
7. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 1
Page 3
Page 4
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 December 2023
£
Not later than one year 24,723
Later than one year and not later than five years 111,434
136,157
9. Related Party Transactions
AMPOWR B.V.
At the balance sheet date an intercompany loan of £X was owed by the company to AMPOWR B.V. on which no interest was charged. Mr A Elwell and Mr E van Honk have a controlling interest in AMPOWR B.V.
AUKP1 Limited
At the balance sheet date an intercompany loan of £200 was owed to the company by AUKP1 Limited on which no interest was charged. AMPOWR UK Ltd has a controlling interest in AUKP1 Limited.
AUKP2 Limited
At the balance sheet date an intercompany loan of £200 was owed to the company by AUKP2 Limited on which no interest was charged. AMPOWR UK Ltd has a controlling interest in AUKP2 Limited.
10. Ultimate Controlling Party
The company's ultimate controlling party is AMPOWR B.V. by virtue of ownership of 100% of the issued share capital in the company.
Page 4