Acorah Software Products - Accounts Production 16.5.460 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 09033522 Mr Mark Gaftarnik Mr Andrew Pearce iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09033522 2024-05-31 09033522 2025-05-31 09033522 2024-06-01 2025-05-31 09033522 frs-core:CurrentFinancialInstruments 2025-05-31 09033522 frs-core:Non-currentFinancialInstruments 2025-05-31 09033522 frs-core:BetweenOneFiveYears 2025-05-31 09033522 frs-core:ComputerEquipment 2025-05-31 09033522 frs-core:ComputerEquipment 2024-06-01 2025-05-31 09033522 frs-core:ComputerEquipment 2024-05-31 09033522 frs-core:PlantMachinery 2025-05-31 09033522 frs-core:PlantMachinery 2024-06-01 2025-05-31 09033522 frs-core:PlantMachinery 2024-05-31 09033522 frs-core:WithinOneYear 2025-05-31 09033522 frs-core:RevaluationReserve 2024-05-31 09033522 frs-core:RevaluationReserve 2025-05-31 09033522 frs-core:ShareCapital 2025-05-31 09033522 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 09033522 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09033522 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 09033522 frs-bus:SmallEntities 2024-06-01 2025-05-31 09033522 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 09033522 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 09033522 frs-bus:Director1 2024-06-01 2025-05-31 09033522 frs-bus:Director2 2024-06-01 2025-05-31 09033522 frs-countries:EnglandWales 2024-06-01 2025-05-31 09033522 2023-05-31 09033522 2024-05-31 09033522 2023-06-01 2024-05-31 09033522 frs-core:CurrentFinancialInstruments 2024-05-31 09033522 frs-core:Non-currentFinancialInstruments 2024-05-31 09033522 frs-core:BetweenOneFiveYears 2024-05-31 09033522 frs-core:WithinOneYear 2024-05-31 09033522 frs-core:RevaluationReserve 2024-05-31 09033522 frs-core:ShareCapital 2024-05-31 09033522 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 09033522
AMPG 2 Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09033522
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,325 2
Investment Properties 5 275,000 275,000
276,325 275,002
CURRENT ASSETS
Debtors 6 - 3,269
Cash at bank and in hand 13,690 24,004
13,690 27,273
Creditors: Amounts Falling Due Within One Year 7 (33,771 ) (59,700 )
NET CURRENT ASSETS (LIABILITIES) (20,081 ) (32,427 )
TOTAL ASSETS LESS CURRENT LIABILITIES 256,244 242,575
Creditors: Amounts Falling Due After More Than One Year 8 (46,054 ) (62,295 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,735 ) (16,484 )
NET ASSETS 193,455 163,796
CAPITAL AND RESERVES
Called up share capital 9 102 102
Revaluation reserve 11 70,271 70,271
Income Statement 123,082 93,423
SHAREHOLDERS' FUNDS 193,455 163,796
Page 1
Page 2
For the year ending 31 May 2025 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 Income Statement.
On behalf of the board
Mr Mark Gaftarnik
Director
23 October 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
AMPG 2 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09033522 . The registered office is Donic House Wike Ridge Lane, Slaid Hill, Leeds, LS17 9JE.
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. Going Concern Disclosure
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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% on cost
Computer Equipment 33% on cost
2.5. Investment Properties
All investment properties are carried at fair value. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 June 2024 4,370 - 4,370
Additions - 1,814 1,814
Disposals (4,370 ) - (4,370 )
As at 31 May 2025 - 1,814 1,814
Depreciation
As at 1 June 2024 4,368 - 4,368
Provided during the period 2 489 491
Disposals (4,370 ) - (4,370 )
As at 31 May 2025 - 489 489
Net Book Value
As at 31 May 2025 - 1,325 1,325
As at 1 June 2024 2 - 2
5. Investment Property
2025
£
Fair Value
As at 1 June 2024 and 31 May 2025 275,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 3,269
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 536 822
Bank loans and overdrafts 10,000 10,000
Other creditors 11,974 31,389
Taxation and social security 11,261 17,489
33,771 59,700
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,334 13,333
Other creditors 42,720 48,962
46,054 62,295
Page 4
Page 5
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 102 102
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 47,269 47,269
Later than one year and not later than five years 85,142 132,416
132,411 179,685
11. Reserves
Revaluation Reserve
£
As at 1 June 2024 70,271
As at 31 May 2025 70,271
Page 5