2022-03-01 06082879 2023-02-28 06082879 2022-03-01 2023-02-28 06082879 2022-02-28 06082879 2021-03-01 2022-02-28 06082879 uk-core:WithinOneYear 2022-02-28 06082879 uk-core:WithinOneYear 2023-02-28 06082879 uk-core:ShareCapital 2023-02-28 06082879 uk-core:ShareCapital 2022-02-28 06082879 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 06082879 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 06082879 uk-bus:Director1 2022-03-01 2023-02-28 06082879 uk-bus:Director2 2022-03-01 2023-02-28 06082879 uk-core:PlantMachinery 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure 06082879 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 06082879 uk-bus:FRS102 2022-03-01 2023-02-28 06082879 uk-bus:FullAccounts 2022-03-01 2023-02-28 06082879 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
IMPETUS GB LTD
Registered Number:06082879
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
IMPETUS GB LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
06082879
As at 28 February 2023
IMPETUS GB LTD
Statement of Financial Position
£
£
2022
2023
Notes
Current assets
Inventories
83,391
117,750
3
Trade and other receivables
67,217
39,694
4
350,239
Cash and cash equivalents
385,590
543,034
500,847
Trade and other payables: amounts falling due within one
year
(30,737)
(17,441)
5
470,110
525,593
Net current assets
Total assets less current liabilities
525,593
470,110
525,593
Net assets
470,110
Capital and reserves
Called up share capital
2
2
Retained earnings
525,591
470,108
525,593
470,110
Shareholders' funds
For the year ended 28 February 2023 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
J LIAUDANSKAITE Director
S BALANDIS Director
These financial statements were approved and authorised for issue by the Board on 24 November 2023 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 28 February 2023
IMPETUS GB LTD
Notes to the Financial Statements
Statutory Information
IMPETUS GB LTD is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06082879.
Registered address:
37 BERRYMAN WAY
HESSLE
HULL
HU13 9HJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
Government grants
Government grants received are credited to the Statement of Profit & Loss. These amounts are all in relation to the Coronavirus pandemic.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 of 4
5
For the year ended 28 February 2023
IMPETUS GB LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 March 2022
1,783
At 28 February 2023
1,783
Provision for depreciation and impairment
At 01 March 2022
1,783
At 28 February 2023
1,783
At 28 February 2023
Net book value
-
At 28 February 2022
-
3. Inventories
2022
2023
£
£
Stocks
117,750
83,391
4. Trade and other receivables
2022
2023
£
£
Trade debtors
30,005
62,600
Other debtors
9,689
4,617
67,217
39,694
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
1
8,048
Taxation and social security
15,008
20,340
Other creditors
2,432
2,349
17,441
30,737
6. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
3 of 4
6
For the year ended 28 February 2023
IMPETUS GB LTD
Notes to the Financial Statements Continued
4 of 4