Amplecom Limited 03683728 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of providing consultancy and training in the IT sector Digita Accounts Production Advanced 6.30.9574.0 true 03683728 2023-04-01 2024-03-31 03683728 2024-03-31 03683728 core:RetainedEarningsAccumulatedLosses 2024-03-31 03683728 core:ShareCapital 2024-03-31 03683728 core:CurrentFinancialInstruments 2024-03-31 03683728 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03683728 core:FurnitureFittings 2024-03-31 03683728 bus:SmallEntities 2023-04-01 2024-03-31 03683728 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03683728 bus:FilletedAccounts 2023-04-01 2024-03-31 03683728 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03683728 bus:RegisteredOffice 2023-04-01 2024-03-31 03683728 bus:Director1 2023-04-01 2024-03-31 03683728 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03683728 core:FurnitureFittings 2023-04-01 2024-03-31 03683728 countries:EnglandWales 2023-04-01 2024-03-31 03683728 2023-03-31 03683728 core:CostValuation 2023-03-31 03683728 core:FurnitureFittings 2023-03-31 03683728 2022-04-01 2023-03-31 03683728 2023-03-31 03683728 core:RetainedEarningsAccumulatedLosses 2023-03-31 03683728 core:ShareCapital 2023-03-31 03683728 core:CurrentFinancialInstruments 2023-03-31 03683728 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03683728 core:FurnitureFittings 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 03683728

Amplecom Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Amplecom Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Amplecom Limited

(Registration number: 03683728)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,108

1,934

Investments

5

50

50

 

2,158

1,984

Current assets

 

Debtors

6

304

907

Cash at bank and in hand

 

32,449

58,100

 

32,753

59,007

Creditors: Amounts falling due within one year

7

(5,328)

(6,549)

Net current assets

 

27,425

52,458

Net assets

 

29,583

54,442

Capital and reserves

 

Called up share capital

103

103

Retained earnings

29,480

54,339

Shareholders' funds

 

29,583

54,442

 

Amplecom Limited

(Registration number: 03683728)
Balance Sheet as at 31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 November 2024 and signed on its behalf by:
 

.........................................
Mr P S Graham
Director

 

Amplecom Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
16 Dorcan Business Village
Murdock Road, Dorcan
Swindon
Wiltshire
SN3 5HY

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover from consultancy and training services is shown net of value added tax.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Amplecom Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

3 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Amplecom Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 April 2023

21,212

21,212

Additions

1,692

1,692

Disposals

(7,985)

(7,985)

At 31 March 2024

14,919

14,919

Depreciation

At 1 April 2023

19,278

19,278

Charge for the year

1,484

1,484

Eliminated on disposal

(7,951)

(7,951)

At 31 March 2024

12,811

12,811

Carrying amount

At 31 March 2024

2,108

2,108

At 31 March 2023

1,934

1,934

 

Amplecom Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Investments

2024
£

2023
£

Investments in associates

50

50

Associates

£

Cost

At 1 April 2023

50

Provision

Carrying amount

At 31 March 2024

50

At 31 March 2023

50

6

Debtors

2024
£

2023
£

Prepayments

304

220

Other debtors

-

687

304

907

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

-

98

Taxation and social security

-

1,407

Other creditors

5,328

5,044

5,328

6,549