Statutory Information
Amicus Dsp Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 12148415, registration address 124 City Road, London, EC1V 2NX, United Kingdom.
The presentation currency is £ sterling.
| 1. |
Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and sales taxes, and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Operating lease rentals
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
Taxation
Current tax, including UK corporation tax and foreign tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date
Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at historical cost or valuation less depreciation and any provision for impairment. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: | Plant and Machinery | 20% Reducing Balance | | Motor Vehicles | 20% Reducing Balance | | Office Equipment | 20% Reducing Balance |
Finance costs
Finance costs are charged to the Profit and Loss account over the term of the debt using the effective interest method, so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
|
| 2. |
Tangible fixed assets
| Cost or Valuation |
|
Plant and Machinery |
|
Motor Vehicles |
|
Office Equipment |
|
Total |
| |
|
£ |
|
£ |
|
£ |
|
£ |
| At 01 September 2024 |
|
2,875 |
|
492,219 |
|
11,821 |
|
506,915 |
| Additions |
|
- |
|
18,990 |
|
- |
|
18,990 |
| Disposals |
|
- |
|
(58,530) |
|
- |
|
(58,530) |
| At 31 August 2025 |
|
2,875 |
|
452,679 |
|
11,821 |
|
467,375 |
| Depreciation |
| At 01 September 2024 |
|
1,035 |
|
176,239 |
|
4,256 |
|
181,530 |
| Charge for year |
|
368 |
|
102,242 |
|
1,513 |
|
104,123 |
| On disposals |
|
- |
|
(23,094) |
|
- |
|
(23,094) |
| At 31 August 2025 |
|
1,403 |
|
255,387 |
|
5,769 |
|
262,559 |
| Net book values |
| Closing balance as at 31 August 2025 |
|
1,472 |
|
197,292 |
|
6,052 |
|
204,816 |
| Opening balance as at 01 September 2024 |
|
1,840 |
|
315,980 |
|
7,565 |
|
325,385 |
|
| 3. |
Average number of employees
Average number of employees during the year were 4 (2024: 4).
|
2
|