Amountport Limited

Unaudited Financial Statements for the Year Ended 30 November 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G R Currie

SECRETARY:

Mrs J Currie

REGISTERED OFFICE:

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

REGISTERED NUMBER:

03126664 (England and Wales)

ACCOUNTANTS:

Matthews Sutton & Co Ltd

Chartered Certified Accountants

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

FIXED ASSETS

Tangible assets

4

14,607

7,198

Investment property

5

4,600,000

4,600,000

4,614,607

4,607,198

CURRENT ASSETS

Debtors

6

206,813

133,749

Cash at bank

275,083

72,381

481,896

206,130

CREDITORS

Amounts falling due within one year

7

779,719

795,155

NET CURRENT LIABILITIES

(297,823

)

(589,025

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,316,784

4,018,173

CREDITORS

Amounts falling due after more than one year

8

(2,098,566

)

(1,853,873

)

PROVISIONS FOR LIABILITIES

(475,755

)

(473,968

)

NET ASSETS

1,742,463

1,690,332

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

10

1,421,902

1,421,901

Retained earnings

320,559

268,429

SHAREHOLDERS' FUNDS

1,742,463

1,690,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 December 2025 and were signed by:

G R Currie - Director

1.	STATUTORY INFORMATION

Amountport Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured as rents receivable excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is based on historic cost or valuation, less the estimated residual value and the estimated economic life of the asset concerned. Land & buildings are not depreciated.

Plant & machinery is depreciated at 15% on reducing balance.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2023

7,000

8,763

15,763

Additions

-

8,750

8,750

At 30 November 2024

7,000

17,513

24,513

DEPRECIATION

At 1 December 2023

-

8,565

8,565

Charge for year

-

1,341

1,341

At 30 November 2024

-

9,906

9,906

NET BOOK VALUE

At 30 November 2024

7,000

7,607

14,607

At 30 November 2023

7,000

198

7,198

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2023

and 30 November 2024

4,600,000

NET BOOK VALUE

At 30 November 2024

4,600,000

At 30 November 2023

4,600,000

Investment properties were valued using market data by the director on 30th November 2024.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

206,813

133,749

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

30,175

54,979

Trade creditors

-

1,895

Taxation and social security

11,451

14,112

Other creditors

738,093

724,169

779,719

795,155

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

2,098,566

1,853,873

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

-

676,728

Repayable by instalments

Bank loans

2,014,080

982,044

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

2,128,741

1,908,852

10.

RESERVES

Fair

value

reserve

£

At 1 December 2023

1,421,901

Fair value reserve

1

At 30 November 2024

1,421,902