Amkiga Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 1321036

Amkiga Limited

Filleted Unaudited Financial Statements

31 December 2025

Amkiga Limited

Financial Statements

Year ended 31 December 2025

Contents	Pages

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 10

Amkiga Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Amkiga Limited

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Amkiga Limited for the year ended 31 December 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Amkiga Limited, as a body, in accordance with the terms of our engagement letter dated 20 August 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Amkiga Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Amkiga Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Amkiga Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Amkiga Limited. You consider that Amkiga Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Amkiga Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HEBBLETHWAITES Chartered accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

24 September 2026

Amkiga Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		1,542,829	1,545,543

Current assets

Debtors	6	15,699	20,852
Cash at bank and in hand		29,418	59,372
		--------	--------
		45,117	80,224

Creditors: amounts falling due within one year	7	267,087		92,545
		---------		--------
Net current liabilities			221,970	12,321
			------------	------------
Total assets less current liabilities			1,320,859	1,533,222

Creditors: amounts falling due after more than one year	8		163,207	392,698

Provisions

Taxation including deferred tax	11,785	12,464
	------------	------------
Net assets	1,145,867	1,128,060
	------------	------------

Amkiga Limited

Statement of Financial Position (continued)

31 December 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	150	150
Share premium account	399,950	399,950
Revaluation reserve	160,062	160,062
Profit and loss account	585,705	567,898
	------------	------------
Shareholders funds	1,145,867	1,128,060
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 24 September 2026 , and are signed on behalf of the board by:

Mr R K Barber	Mrs E A Barber-Atkinson
Director	Director

Company registration number: 1321036

Amkiga Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Willow Lodge, Doncaster Road, Oldcotes, Worksop, Nottinghamshire, S81 8HT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

At the year end date, the Statement of Financial Position reflects a position of net current liabilities, if with very positive net total assets. The directors consider, despite this, that the going concern basis of accounts preparation remains valid given, in particular, the ongoing director loan funding provided to the company.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of management, there are no areas of judgement or key sources of estimation uncertainty that have a significant effect on the financial statements, other than those highlighted below.

Revenue recognition

The turnover shown in the statement of income and retained earnings account represents amounts invoiced during the year, exclusive of Value Added Tax.

Deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Equipment	-	20% reducing balance
Motor Vehicles	-	25% reducing balance
Office Equipment	-	25% reducing balance
Trading property integrals	-	20% reducing balance

In relation to the trading property, depreciation is only provided on the integral features and equipment installed on the site, and not the land and buildings thereon which are maintained to a high standard and with the majority of the value being in the land element

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Tangible assets

	Investment property	Plant and machinery	Motor vehicles	Equipment	Freehold trading property	Total
	£	£	£	£	£	£
Cost
At 1 Jan 2025	1,222,728	33,540	25,185	922	340,718	1,623,093
Additions	–	8,700	–	–	–	8,700
	------------	--------	--------	----	---------	------------
At 31 Dec 2025	1,222,728	42,240	25,185	922	340,718	1,631,793
	------------	--------	--------	----	---------	------------
Depreciation
At 1 Jan 2025	–	25,116	2,361	662	49,411	77,550
Charge for the year	–	1,974	5,706	65	3,669	11,414
	------------	--------	--------	----	---------	------------
At 31 Dec 2025	–	27,090	8,067	727	53,080	88,964
	------------	--------	--------	----	---------	------------
Carrying amount
At 31 Dec 2025	1,222,728	15,150	17,118	195	287,638	1,542,829
	------------	--------	--------	----	---------	------------
At 31 Dec 2024	1,222,728	8,424	22,824	260	291,307	1,545,543
	------------	--------	--------	----	---------	------------

The company property values have been re-assessed by the directors in the comparative period, given the income being generated therefrom, and the general open market position, the board believe that the carrying value of £1,222,728 is a fair representation of market value. As a result of indexation, a sale of the properties for this sum would not give rise to a Corporation Tax liability.

Tangible assets held at valuation

One of the company properties is carried at a valuation, rather than at cost, with a resultant revaluation surplus and reserve of £160,062 within the carrying value of £870,666 for this specific property, this latter figure forming part of the total investment property value as above.

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Investment property
	£
At 31 December 2025
Aggregate cost	710,604
Aggregate depreciation	–
	---------
Carrying value	710,604
	---------

At 31 December 2024
Aggregate cost	710,604
Aggregate depreciation	–
	---------
Carrying value	710,604
	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 31 December 2025	17,118
	--------
At 31 December 2024	22,824
	--------

5. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025 and 31 December 2025	2
	----
Impairment
At 1 January 2025 and 31 December 2025	2
	----

Carrying amount
At 31 December 2025	–
	----
At 31 December 2024	–
	----

Principal Subsidiary Undertakings

The above investment comprises 100% of the Ordinary Share capital of Handling Services Limited, a company incorporated in England. Handling Services Limited was dormant throughout the year and the aggregate amount of the capital and reserves at the most recent accounting year end of 30 June 2025 was £Nil (2024: £Nil). An application has now been made to the Registrar of Companies for a voluntary striking off in respect of this company.

6. Debtors

	2025	2024
	£	£
Trade debtors	6,280	13,379
Other debtors	9,419	7,473
	--------	--------
	15,699	20,852
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	44,947	42,037
Trade creditors	7,557	5,815
Corporation tax	4,865	12,335
Social security and other taxes	–	5,475
Other creditors	209,718	26,883
	---------	--------
	267,087	92,545
	---------	--------

The bank borrowings of £44,947 (2024: £42,037) are secured by a fixed and floating charge over the present and future assets of the company.

Included within other creditors is an amount relating to hire purchase liabilities in the sum of £4,701 (2024: £4,204) which is secured on the related asset.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	148,245	193,036
Other creditors	14,962	199,662
	---------	---------
	163,207	392,698
	---------	---------

The bank borrowings of £148,245 (2024: £193,036) are secured by a fixed and floating charge over the present and future assets of the company.

Included within other creditors is an amount relating to hire purchase liabilities in the sum of £14,962 (2024: £19,662) which is secured on the related asset.

Included within creditors: amounts falling due after more than one year is an amount of £76,855 (2024: £93,326) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

The terms of repayment of the bank loans, of which there are three, are capital and interest repayments over a remaining term of between 1 years and and 12 years from the year end date. The interest rate applicable to the loans varies from 3% over bank base rate to 4.5% over base.

The terms of repayment of the bank loans, of which there are three, are capital and interest repayments over a remaining term of between 1 years and and 12 years from the year end date. The interest rate applicable to the loans varies from 2.75% over bank base rate to 3.25% over base.

9. Directors' advances, credits and guarantees

Included within creditors is an amount owing to Mr J D Barber, a director, amounting to £200,945 (2024: £198,583). This loan is interest free, and which balance is to be repaid as soon as possible. At the prior year end date, £180,000 of the then balance of £198,583 was deferred and included as repayable after more than one year from the period end date of 31 December 2024. The whole of the balance of £200,945 is now included, as at note 8 above, as being repayable within one year of the period end date.