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REGISTERED NUMBER: 08348619 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2020 TO 31 DECEMBER 2021

FOR

IMPACT SOCIAL LTD

IMPACT SOCIAL LTD (REGISTERED NUMBER: 08348619)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2020 TO 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IMPACT SOCIAL LTD

COMPANY INFORMATION
FOR THE PERIOD 1 AUGUST 2020 TO 31 DECEMBER 2021







DIRECTORS: P Snape
W R J Brown





REGISTERED OFFICE: 6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 08348619 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

IMPACT SOCIAL LTD (REGISTERED NUMBER: 08348619)

BALANCE SHEET
31 DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,138 4,101

CURRENT ASSETS
Debtors 5 324,228 282,172
Cash at bank and in hand 2,648 84,683
326,876 366,855
CREDITORS
Amounts falling due within one year 6 130,629 155,651
NET CURRENT ASSETS 196,247 211,204
TOTAL ASSETS LESS CURRENT
LIABILITIES

200,385

215,305

CREDITORS
Amounts falling due after more than one year 7 34,167 40,000
NET ASSETS 166,218 175,305

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 166,118 175,205
SHAREHOLDERS' FUNDS 166,218 175,305

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

IMPACT SOCIAL LTD (REGISTERED NUMBER: 08348619)

BALANCE SHEET - continued
31 DECEMBER 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2022 and were signed on its behalf by:




W R J Brown - Director



P Snape - Director


IMPACT SOCIAL LTD (REGISTERED NUMBER: 08348619)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2020 TO 31 DECEMBER 2021

1. STATUTORY INFORMATION

Impact Social LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2020 16,749
Additions 1,415
At 31 December 2021 18,164
DEPRECIATION
At 1 August 2020 12,648
Charge for period 1,378
At 31 December 2021 14,026
NET BOOK VALUE
At 31 December 2021 4,138
At 31 July 2020 4,101

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 7,197 43,792
Other debtors 317,031 238,380
324,228 282,172

IMPACT SOCIAL LTD (REGISTERED NUMBER: 08348619)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2020 TO 31 DECEMBER 2021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors - 14,044
Taxation and social security 5,897 16,575
Other creditors 114,732 115,032
130,629 155,651

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Bank loans 34,167 40,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 34,167 40,000

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 December 2021 and the year ended 31 July 2020:

2021 2020
£    £   
P Snape
Balance outstanding at start of period 52,250 16,500
Amounts advanced 25,000 35,750
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 77,250 52,250

W R J Brown
Balance outstanding at start of period 24,750 13,500
Amounts advanced - 11,250
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 24,750 24,750