Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 NI605885 Mr Conor Kelly Mr Ryan Baxter Mr Sean Kelly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI605885 2023-06-30 NI605885 2024-06-30 NI605885 2023-07-01 2024-06-30 NI605885 frs-core:CurrentFinancialInstruments 2024-06-30 NI605885 frs-core:Non-currentFinancialInstruments 2024-06-30 NI605885 frs-core:BetweenOneFiveYears 2024-06-30 NI605885 frs-core:ComputerEquipment 2024-06-30 NI605885 frs-core:ComputerEquipment 2023-07-01 2024-06-30 NI605885 frs-core:ComputerEquipment 2023-06-30 NI605885 frs-core:FurnitureFittings 2024-06-30 NI605885 frs-core:FurnitureFittings 2023-07-01 2024-06-30 NI605885 frs-core:FurnitureFittings 2023-06-30 NI605885 frs-core:NetGoodwill 2024-06-30 NI605885 frs-core:NetGoodwill 2023-07-01 2024-06-30 NI605885 frs-core:NetGoodwill 2023-06-30 NI605885 frs-core:MotorVehicles 2024-06-30 NI605885 frs-core:MotorVehicles 2023-07-01 2024-06-30 NI605885 frs-core:MotorVehicles 2023-06-30 NI605885 frs-core:PlantMachinery 2024-06-30 NI605885 frs-core:PlantMachinery 2023-07-01 2024-06-30 NI605885 frs-core:PlantMachinery 2023-06-30 NI605885 frs-core:WithinOneYear 2024-06-30 NI605885 frs-core:ShareCapital 2024-06-30 NI605885 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 NI605885 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 NI605885 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 NI605885 frs-bus:SmallEntities 2023-07-01 2024-06-30 NI605885 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 NI605885 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 NI605885 frs-bus:Director1 2023-07-01 2024-06-30 NI605885 frs-bus:Director2 2023-07-01 2024-06-30 NI605885 frs-bus:Director3 2023-07-01 2024-06-30 NI605885 frs-core:CurrentFinancialInstruments 3 2024-06-30 NI605885 frs-countries:NorthernIreland 2023-07-01 2024-06-30 NI605885 2022-06-30 NI605885 2023-06-30 NI605885 2022-07-01 2023-06-30 NI605885 frs-core:CurrentFinancialInstruments 2023-06-30 NI605885 frs-core:Non-currentFinancialInstruments 2023-06-30 NI605885 frs-core:BetweenOneFiveYears 2023-06-30 NI605885 frs-core:WithinOneYear 2023-06-30 NI605885 frs-core:ShareCapital 2023-06-30 NI605885 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 NI605885 frs-core:CurrentFinancialInstruments 3 2023-06-30
Registered number: NI605885
Ampion Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Proactive Chartered Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: NI605885
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 67,119
Tangible Assets 5 1,322,882 877,141
1,322,882 944,260
CURRENT ASSETS
Debtors 6 365,609 603,357
Cash at bank and in hand 18,140 402,947
383,749 1,006,304
Creditors: Amounts Falling Due Within One Year 7 (801,946 ) (1,128,049 )
NET CURRENT ASSETS (LIABILITIES) (418,197 ) (121,745 )
TOTAL ASSETS LESS CURRENT LIABILITIES 904,685 822,515
Creditors: Amounts Falling Due After More Than One Year 8 (505,980 ) (404,393 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (130,111 ) (113,856 )
NET ASSETS 268,594 304,266
CAPITAL AND RESERVES
Called up share capital 10 102 101
Profit and Loss Account 268,492 304,165
SHAREHOLDERS' FUNDS 268,594 304,266
Page 1
Page 2
For the year ending 30 June 2024 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 Conor Kelly
Director
Mr Ryan Baxter
Director
Mr Sean Kelly
Director
21/07/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ampion Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI605885 . The registered office is Legal & Financial House, 137 York Road, , Belfast, BT15 3GZ.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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:
Plant & Machinery 15% Straight Line
Motor Vehicles 15% Straight Line
Fixtures & Fittings 15% Straight Line
Computer Equipment 15% Reducing Balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

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.
2.6. 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.
2.7. Taxation
Corporation tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2023: 15)
16 15
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 500,000
As at 30 June 2024 500,000
Amortisation
As at 1 July 2023 432,881
Provided during the period 67,119
As at 30 June 2024 500,000
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 67,119
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 514,546 505,244 113,279 - 1,133,069
Additions 73,463 733,832 2,001 10,000 819,296
Disposals - (194,602 ) - - (194,602 )
As at 30 June 2024 588,009 1,044,474 115,280 10,000 1,757,763
Depreciation
As at 1 July 2023 132,559 75,326 48,043 - 255,928
Provided during the period 78,253 128,317 10,843 750 218,163
Disposals - (39,210 ) - - (39,210 )
As at 30 June 2024 210,812 164,433 58,886 750 434,881
Net Book Value
As at 30 June 2024 377,197 880,041 56,394 9,250 1,322,882
As at 1 July 2023 381,987 429,918 65,236 - 877,141
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 291,242 513,464
Other debtors 1,539 1,539
Money owed related party 72,828 88,354
365,609 603,357
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 369,987 154,666
Trade creditors 61,312 530,325
Bank loans and overdrafts 40,010 10,000
Corporation tax 2,221 (652 )
Other taxes and social security 79,249 77,977
VAT 66,009 110,342
Other creditors (3) 88,158 107,171
Accruals and deferred income 95,000 132,000
Directors' loan accounts - 6,220
801,946 1,128,049
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 496,629 385,226
Bank loans 9,351 19,167
505,980 404,393
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 369,987 154,666
Later than one year and not later than five years 496,629 385,226
866,616 539,892
866,616 539,892
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 102 101
11. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Conor Kelly 24,813 -
Mr Ryan Baxter 44,727 55,000
Mr Sean Kelly 169,290 -
Page 5
Page 6
12. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 238,830 55,000
Page 6