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REGISTERED NUMBER: 12440168 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

Amplekind Ltd

Amplekind Ltd (Registered number: 12440168)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Amplekind Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mrs J D M Mowat
H L Mowat





REGISTERED OFFICE: 24 Kings Road Kings Road
Ilkley
West Yorkshire
LS29 9AN





REGISTERED NUMBER: 12440168 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

Amplekind Ltd (Registered number: 12440168)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,098 2,623
Investment property 5 1,746,913 1,735,000
1,749,011 1,737,623

CURRENT ASSETS
Debtors 6 9,632 9,631
Cash at bank 3,206 1,948
12,838 11,579
CREDITORS
Amounts falling due within one year 7 368,101 326,802
NET CURRENT LIABILITIES (355,263 ) (315,223 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,393,748

1,422,400

CREDITORS
Amounts falling due after more than one year 8 1,545,097 1,544,774
NET LIABILITIES (151,349 ) (122,374 )

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 - (17,625 )
Retained earnings (151,449 ) (104,849 )
(151,349 ) (122,374 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Amplekind Ltd (Registered number: 12440168)

Balance Sheet - continued
29 February 2024


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 10 September 2024 and were signed on its behalf by:





H L Mowat - Director


Amplekind Ltd (Registered number: 12440168)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Amplekind Ltd 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
The accounts have been prepared on the going concern basis due to ongoing support of the directors and shareholders.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

Amplekind Ltd (Registered number: 12440168)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023
and 29 February 2024 3,373
DEPRECIATION
At 1 March 2023 750
Charge for year 525
At 29 February 2024 1,275
NET BOOK VALUE
At 29 February 2024 2,098
At 28 February 2023 2,623

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 1,735,000
Additions 11,913
At 29 February 2024 1,746,913
NET BOOK VALUE
At 29 February 2024 1,746,913
At 28 February 2023 1,735,000

Investment properties are valued by the director at 29th February 2024.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors - 5,472
Other debtors 9,632 4,159
9,632 9,631

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other creditors 368,101 326,802

Amplekind Ltd (Registered number: 12440168)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 1,545,097 1,544,774

9. SECURED DEBTS

Shawbrook Bank Ltd
Kensington Mortgage Co Ltd
Pepper Money Ltd
Paragon Bank plc
Chester Court Financial Services Ltd


all hold a fixed charge and negative pledge over property owned by the company.

10. RESERVES
Fair
value
reserve
£   
At 1 March 2023 (17,625 )
Transfer 17,625

At 29 February 2024 -