Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 23 September 2025 1 January 2024 31 December 2024 31 December 2024 11213355 Mr P K Sheppard Amplify Education Inc 55 Washington St, 800, Brooklyn, New York, 11201, USA true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11213355 2023-12-31 11213355 2024-12-31 11213355 2024-01-01 2024-12-31 11213355 frs-core:CurrentFinancialInstruments 2024-12-31 11213355 frs-core:ComputerEquipment 2024-12-31 11213355 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11213355 frs-core:ComputerEquipment 2023-12-31 11213355 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-31 11213355 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-01 2024-12-31 11213355 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-31 11213355 frs-core:SharePremium 2024-12-31 11213355 frs-core:ShareCapital 2024-12-31 11213355 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11213355 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11213355 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11213355 frs-bus:SmallEntities 2024-01-01 2024-12-31 11213355 frs-bus:Audited 2024-01-01 2024-12-31 11213355 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11213355 1 2024-01-01 2024-12-31 11213355 frs-core:UnlistedNon-exchangeTraded 2024-12-31 11213355 frs-core:UnlistedNon-exchangeTraded 2023-12-31 11213355 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 11213355 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 11213355 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 11213355 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11213355 frs-bus:Director1 2024-01-01 2024-12-31 11213355 frs-countries:EnglandWales 2024-01-01 2024-12-31 11213355 2022-12-31 11213355 2023-12-31 11213355 2023-01-01 2023-12-31 11213355 frs-core:CurrentFinancialInstruments 2023-12-31 11213355 frs-core:SharePremium 2023-12-31 11213355 frs-core:ShareCapital 2023-12-31 11213355 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11213355
Mathigon Ltd
Financial Statements
For The Year Ended 31 December 2024
Mathigon Ltd
Contents
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Mathigon Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 11213355
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,490 1,763
Tangible Assets 5 - 833
Investments 6 100 100
1,590 2,696
CURRENT ASSETS
Debtors 7 4,295 1,830
Cash at bank and in hand 18,112 20,064
22,407 21,894
Creditors: Amounts Falling Due Within One Year 8 (468,943 ) (457,689 )
NET CURRENT ASSETS (LIABILITIES) (446,536 ) (435,795 )
TOTAL ASSETS LESS CURRENT LIABILITIES (444,946 ) (433,099 )
NET LIABILITIES (444,946 ) (433,099 )
CAPITAL AND RESERVES
Called up share capital 9 5 5
Share premium account 392,196 392,196
Profit and Loss Account (837,147 ) (825,300 )
SHAREHOLDERS' FUNDS (444,946) (433,099)
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 P K Sheppard
Director
23/09/2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Mathigon Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Mathigon Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11213355 . The registered office is 7 Albert Buildings, 49 Queen Victoria Street, London, EC4N 4SA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts are prepared in accordance with FRS 102 and the requirements of Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2.2. Going Concern Disclosure
The director has considered the going concern basis appropriate despite the negative reserves. The company meets its working capital requirement by way of support from its parent company. The parent company has confirmed that it will continue to support the company so that it will settle liabilities as they fall due for a period of 12 months from the date of signing the financial statements. The director believes future forecasts, together with parent company support are satisfactory to ensure the going concern basis of accounting is appropriate.
Based on these assessments and having regard to the resources available to the entity, the director have concluded that there is no material uncertainty in relation to the appropriateness of continuing to adopt the going concern basis in preparing the financial statements.
2.3. 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 rendering of services and licensing of software. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are registered trademarks. Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Registered trade marks – straight line over 10 years
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computer Equipment straight line over 3 years
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Page 2
Page 3
Mathigon Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities
Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
2.7. 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.
2.8. Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax charge is based on taxable profit for the year.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
2.9. Pensions
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2.10. Equity Instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 January 2024 2,739
As at 31 December 2024 2,739
Amortisation
As at 1 January 2024 976
Provided during the period 273
As at 31 December 2024 1,249
Net Book Value
As at 31 December 2024 1,490
As at 1 January 2024 1,763
Page 3
Page 4
Mathigon Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 4,009
As at 31 December 2024 4,009
Depreciation
As at 1 January 2024 3,176
Provided during the period 833
As at 31 December 2024 4,009
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 833
6. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2024 100
As at 31 December 2024 100
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 100
As at 1 January 2024 100
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,031 -
Prepayments and accrued income 391 565
Other debtors 1,873 1,265
4,295 1,830
Page 4
Page 5
Mathigon Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,824 6,478
Other taxes and social security 8,612 17,021
Other creditors 7,179 7,002
Accruals and deferred income 53,375 6,800
Amounts owed to parent undertaking 382,953 420,388
468,943 457,689
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5 5
At 31 December 2024, the company had in issue 4,500 ordinary shares (2023: 4,500) with a nominal value of £0.001 each. 
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Amplify Education Inc . Amplify Education Inc was incorporated in the United States of America. Copies of the group accounts may be obtained from the secretary, 55 Washington St, 800, Brooklyn, New York, 11201, USA . The ultimate controlling party is Amplify Education Inc who controls 100% of the shares of Mathigon Ltd .
11. Audit Information
The auditor's report on the accounts of Mathigon Ltd for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Tony Summers (Senior Statutory Auditor) for and on behalf of Sumer Audit , Statutory Auditor.
Sumer Audit
5 Peveril Court
6-8 London Road
Crawley
RH10 8JE
Page 5