Small room amp and speakers recommendation


I have an area in allocated in my new house for a listen room that is approximately 7ft x 12ft x 10 ceilings....i know it's small, hut it's all mine away from the kids. I am look for advice/recommendations on an amp and speakers for that area. I want to keep the budget under $5k (the lower the better). I listen to a lot of vinyl and a majority or my preferred music is acoustic with some rock mixed in on occasion. Please let me know what you think and if you have an other questions on my desired set-up.
Thank you
weiky
Ascent, Harbeth, 3/5s. Agree with gluppy re Maggies

Allocation of funds:
Speakers 40%
Cables & I/Cs 5%-used only
Subwoofer 5% -Used only
Room treatments 10%-Assumes DIY absorbing panels. 
20% integrated with decent DAC-Cambridge/Rogue
10% Tt
5% Dedicated power line
5% One good Recliner

Good luck !!
I run a Naim Atom with Totem Forest speakers in a small room and love it. That's over 5k, but Totem Rainmakers would get you there.
NAIM Atom and Vandersteen 1ci and you have $ for wire and Tidal :-) nice analog input, Schitt Mani phono preamp and away you go !!!!
I'm in the same situation, and I'm strongly consodering studio monitors; for instance Dynaudio LYD7 (or 8) or Focal Shape 65 (or Genelec or any other) who could be placed close to the wall, with a RME DAC as a pre. (The RME ADI-2 DAC Pro fs has analogue inputs) -  it has a 30 band EQ wich could cater for the worst dips in the room (I think).
I think it's easier than bying hi-fi speakers and trying to make them work in such a small space. 

Good luck - and please let us know how it works out for you.

The most important thing, especially at your price point, is the room. And there you may be in luck.

The ratio 1 : 1.56 : 1.87 simulates VERY well at 50 cubic meters. You don't have that - only about half. Still, it's a better bet than anyone has a right to expect.  I suggest reducing that 84" width to 77" with some thin bookshelves, which gives you 77" x 120" x 144".

Caution: a half inch, even a quarter inch, matters here - I just finished a room to 1/8" tolerances, and it's the best room I've ever heard. If you want to know more, PM me.