AMPLE MORTGAGES LIMITED Accounts






AMPLE MORTGAGES LIMITED

	Company No. 12528571
		Information for Filing with The Registrar
		31 March 2025

The Director presents his report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was Activities of mortgage finance and other related activities.




Director

The Director who served at any time during the year was as follows:

C. MATHEW REGI









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

C. MATHEW REGI
Director
24 December 2025

at	31 March 2025
Company No.		12528571	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	9,251	10,884


				9,251	10,884
Current assets

	Debtors		6	224,525	112,095

	Cash at bank and in hand			41,613	24,197
				266,138	136,292
Creditors: Amount falling due within one year			7	(150,638)	(82,579)
Net current assets				115,500	53,713
Total assets less current liabilities				124,751	64,597

Provisions for liabilities

	Other provisions		8	(11,998)	(11,998)
Net assets				112,753	52,599

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		10	112,653	52,499

Total equity				112,753	52,599



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 24 December 2025 and signed on its behalf by:
C. MATHEW REGI
Director
24 December 2025

for the year ended 31 March 2025

General information

AMPLE MORTGAGES LIMITED is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12528571

Its registered office is:

36 Charles Street

Newport

NP20 1JT

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced
for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• Revenue is booked after considering the necessary claw back provisions.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

15% Reducing balance

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

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 profit and loss account 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.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	10	9

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	16,521	9,504

		Total corporation tax	16,521	9,504





		Tax on profit on ordinary activities	16,521	9,504

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2025	2024
		16521	£	£
		Profit on ordinary activities before tax	76,675	50,305



		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	-	-
		Expenses not deductible for tax purposes	16,521	9,504




		Tax on profit on ordinary activities	16,521	9,504

5	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 April 2024	13,131	13,131




		At 31 March 2025	13,131	13,131
		Depreciation
		At 1 April 2024	2,247	2,247
		Charge for the year	1,633	1,633



		At 31 March 2025	3,880	3,880
		Net book values
		At 31 March 2025	9,251	9,251
		At 31 March 2024	10,884	10,884

6	Debtors
			2025	2024
			£	£
		Trade debtors	40,735	96,284
		Amounts owed by group undertakings	125,948	6,819




		Other debtors	10,091	8,992
		Prepayments and accrued income	47,751	-
			224,525	112,095

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	54,488	-
		Amounts owed to group undertakings	2,870	54,537
		Taxes and social security	16,521	9,504
		Loans from directors	17,037	12,119

		Accruals and deferred income	59,722	6,419
			150,638	82,579

8	Provision for liabilities
			Other provisions	Total
			£	£
		At 1 April 2024	11,998	11,998



		At 31 March 2025	11,998	11,998

Share Capital

100 Ordinary Shares of £1 Each Fully Paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.