AMPLIPHAE LTD

AMPLIPHAE LTD

AMPLIPHAE LTD - Company Information

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AMPLIPHAE LTD

Company Registration Number:
NI625264 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2020

Period of accounts

Start date: 01 August 2019

End date: 31 July 2020

AMPLIPHAE LTD

Contents of the Financial Statements

for the Period Ended 31 July 2020

Balance sheet
Notes

AMPLIPHAE LTD

Balance sheet

As at 31 July 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,475 4,334
Investments: 4 1 1
Total fixed assets: 3,476 4,335
Current assets
Stocks: 11,226 3,986
Debtors:   230,257 334,079
Cash at bank and in hand: 526,991 55,146
Investments:   0 0
Total current assets: 768,474 393,211
Creditors: amounts falling due within one year:   (121,948) (99,542)
Net current assets (liabilities): 646,526 293,669
Total assets less current liabilities: 650,002 298,004
Creditors: amounts falling due after more than one year:   (204,025) 0
Provision for liabilities: 0 0
Total net assets (liabilities): 445,977 298,004
Capital and reserves
Called up share capital: 186 173
Share premium account: 1,129,919 899,932
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (684,128) (602,101)
Shareholders funds: 445,977 298,004

The notes form part of these financial statements

AMPLIPHAE LTD

Balance sheet statements

For the year ending 31 July 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 April 2021
and signed on behalf of the board by:

Name: Mr Trevor Graham
Status: Director

The notes form part of these financial statements

AMPLIPHAE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AMPLIPHAE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2020

2. Employees

2020 2019
Average number of employees during the period 5 8

AMPLIPHAE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2020

3. Tangible Assets

Total
Cost £
At 01 August 2019 19,559
Additions 1,643
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2020 21,202
Depreciation
At 01 August 2019 15,225
Charge for year 2,502
On disposals 0
Other adjustments 0
At 31 July 2020 17,727
Net book value
At 31 July 2020 3,475
At 31 July 2019 4,334

AMPLIPHAE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2020

4. Fixed 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.

AMPLIPHAE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2020

5. Related party transactions

Name of the related party: Ampliphae Engage Ltd
Relationship:
Ampliphae Engage Ltd was incorporated on 13 January 2017 and is a 100% owned subsidiary of Ampliphae Ltd.
Description of the Transaction: During the year the company entered into the following transactions with related parties: 2020 2019Ampliphae Engage Ltd 205,738 261,275
£
Balance at 01 August 2019 112,777
Balance at 31 July 2020 105,650
Name of the related party: Capaxo Limited
Relationship:
A Reavey is also a director of Capaxo Limited for which management consultancy fees are incurred by the company.
Description of the Transaction: During the year the company entered into the following transactions with related parties: 2020 2019Capaxo Ltd 18626 21199
£
Balance at 01 August 2019 5,673
Balance at 31 July 2020 15,200