Company Registration No. SC614596 (Scotland)
IMPAQ TECHNOLOGIES LIMITED
Unaudited accounts
for the year ended 31 December 2021
IMPAQ TECHNOLOGIES LIMITED
Unaudited accounts
Contents
IMPAQ TECHNOLOGIES LIMITED
Company Information
for the year ended 31 December 2021
Directors
Angus George Kerr
John Rodgers
Secretary
STRONACHS SECRETARIES LIMITED
Company Number
SC614596 (Scotland)
Registered Office
28 ALBYN PLACE
ABERDEEN
AB10 1YL
UNITED KINGDOM
Accountants
Aberdeen Accountants ICAS M12764
3 Scotsmill Gardens
Blackburn
Aberdeenshire
AB21 0GA
IMPAQ TECHNOLOGIES LIMITED
Statement of financial position
as at 31 December 2021
Tangible assets
2,162
3,080
Cash at bank and in hand
43,285
38,896
Creditors: amounts falling due within one year
(105,992)
(104,029)
Net current assets
21,616
11,309
Total assets less current liabilities
23,778
14,389
Creditors: amounts falling due after more than one year
(41,630)
-
Net (liabilities)/assets
(17,852)
14,389
Called up share capital
100
100
Profit and loss account
(17,952)
14,289
Shareholders' funds
(17,852)
14,389
For the year ending 31 December 2021 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 August 2022 and were signed on its behalf by
Angus George Kerr
Director
Company Registration No. SC614596
IMPAQ TECHNOLOGIES LIMITED
Notes to the Accounts
for the year ended 31 December 2021
IMPAQ TECHNOLOGIES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC614596. The registered office is 28 ALBYN PLACE, ABERDEEN, AB10 1YL, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% COST
4
Tangible fixed assets
Computer equipment
IMPAQ TECHNOLOGIES LIMITED
Notes to the Accounts
for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
72,360
40,184
Deferred tax asset
11,863
4,120
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
8,370
-
Trade creditors
77,941
66,921
Amounts owed to group undertakings and other participating interests
15,000
30,000
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).