AMMEON (UK) LIMITED

Company Registration Number:
05748557 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

AMMEON (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

AMMEON (UK) LIMITED

Directors' report period ended 31 December 2023

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

Principal activities of the company

Ammeon (UK) Limited is a professional services company offering consultancy, bespoke open source development, cloud migration and Lean-Agile Transformation solutions to accelerate software development and delivery. It designs and develops a range of DevOps related tools that automate testing and delivery of software-based services and supports the management of development, test and production environments.

Political and charitable donations

The Company made no charitable or political contributions in the year.



Directors

The director shown below has held office during the period of
1 January 2023 to 30 September 2023

Gurdeep Grewal Singh


The director shown below has held office during the period of
29 August 2023 to 31 December 2023

Robert David Price


Secretary Joanna Dudek

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
6 November 2024

And signed on behalf of the board by:
Name: Robert David Price
Status: Director

AMMEON (UK) LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 3,611,879 1,023,269
Cost of sales: ( 1,627,223 ) ( 810,833 )
Gross profit(or loss): 1,984,656 212,436
Distribution costs: 0 0
Administrative expenses: ( 2,229,633 ) ( 340,797 )
Other operating income: 0 0
Operating profit(or loss): (244,977) (128,361)
Profit(or loss) before tax: (244,977) (128,361)
Profit(or loss) for the financial year: (244,977) (128,361)

AMMEON (UK) LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,944 0
Total fixed assets: 2,944 0
Current assets
Stocks:   0 0
Debtors: 4 1,204,024 136,584
Cash at bank and in hand: 72,376 7,604
Investments:   0 0
Total current assets: 1,276,400 144,188
Prepayments and accrued income: 78,595 4,721
Creditors: amounts falling due within one year: 5 ( 1,162,259 ) ( 254,953 )
Net current assets (liabilities): 192,736 (106,044)
Total assets less current liabilities: 195,680 ( 106,044)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 634,892 ) ( 88,191 )
Total net assets (liabilities): (439,212) (194,235)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (439,214 ) (194,237 )
Total Shareholders' funds: ( 439,212 ) (194,235)

The notes form part of these financial statements

AMMEON (UK) LIMITED

Balance sheet statements

For the year ending 31 December 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 6 November 2024
and signed on behalf of the board by:

Name: Robert David Price
Status: Director

The notes form part of these financial statements

AMMEON (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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 is stated net of trade discounts, volume rebates, VAT and similar taxes and derives from the provision of goods and services falling within the Company’s ordinary activities. Turnover on supply of services is recognised by reference to the stage of completion of the service at the end of the financial year. The stage of completion is determined primarily on the basis of time costs applied to individual service assignments. Deposits received from customers in advance of completion of sales of goods or services at the end of the financial year are not recognised as income and are included in payables.

    Tangible fixed assets depreciation policy

    All property, plant and equipment are initially recorded at cost. This includes legal fees, stamp duty and other non-refundable purchase taxes, and also any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management, which can include the costs of site preparation, initial delivery and handling, installation and assembly, and testing of functionality. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Fixtures and fittings - 33% Straight line Computer Equipment - 33% Straight line The residual value and useful lives of property, plant and equipment are considered annually for indicators that these may have changed. Where such indicators are present, a review will be carried out of the residual value, depreciation method and useful lives, and these will be amended if necessary. Changes in depreciation rates arising from this review are accounted for prospectively over the remaining useful lives of the assets.

AMMEON (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 19 13

AMMEON (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 13,100 0 13,100
Additions 0 5,846 5,846
Disposals 0 0 0
Revaluations
Transfers
At 31 December 2023 13,100 5,846 18,946
Depreciation
At 1 January 2023 13,100 0 13,100
Charge for year 2,902 2,902
On disposals
Other adjustments
At 31 December 2023 13,100 2,902 16,002
Net book value
At 31 December 2023 0 2,944 2,944
At 31 December 2022 0 0 0

AMMEON (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 1,204,024 136,584
Prepayments and accrued income 0 0
Other debtors 0 0
Total 1,204,024 136,584

AMMEON (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,162,259 254,953
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 1,162,259 254,953