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REGISTERED NUMBER: 07968997 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Impresarius Ltd

Impresarius Ltd (Registered number: 07968997)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Impresarius Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTORS: L Perrier
N Perrier





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 07968997 (England and Wales)





ACCOUNTANTS: PD Accountancy Services Ltd
1 Post Office House
184 Bridge Road
Sarisbury Green
Southampton
Hampshire
SO31 7ED

Impresarius Ltd (Registered number: 07968997)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,229 1,334

CURRENT ASSETS
Debtors 5 24,982 22,984
Cash at bank 3,370 3,194
28,352 26,178
CREDITORS
Amounts falling due within one year 6 10,021 9,354
NET CURRENT ASSETS 18,331 16,824
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,560

18,158

CREDITORS
Amounts falling due after more than one
year

7

(15,209

)

(17,656

)

PROVISIONS FOR LIABILITIES (233 ) (109 )
NET ASSETS 4,118 393

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 4,116 391
SHAREHOLDERS' FUNDS 4,118 393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

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 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.

Impresarius Ltd (Registered number: 07968997)

Balance Sheet - continued
28 February 2023


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 2 February 2024 and were signed on its behalf by:





L Perrier - Director


Impresarius Ltd (Registered number: 07968997)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Impresarius 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

Impresarius Ltd (Registered number: 07968997)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 319 4,060 4,379
Additions - 279 279
At 28 February 2023 319 4,339 4,658
DEPRECIATION
At 1 March 2022 9 3,036 3,045
Charge for year 78 306 384
At 28 February 2023 87 3,342 3,429
NET BOOK VALUE
At 28 February 2023 232 997 1,229
At 28 February 2022 310 1,024 1,334

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Computer
equipment
£   
COST
At 1 March 2022
and 28 February 2023 1,499
DEPRECIATION
At 1 March 2022 1,301
Charge for year 28
At 28 February 2023 1,329
NET BOOK VALUE
At 28 February 2023 170
At 28 February 2022 198

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Directors' current accounts 20,381 18,383
Tax 4,601 4,601
24,982 22,984

Impresarius Ltd (Registered number: 07968997)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 2,738 2,738
Tax 6,233 5,574
Social security and other taxes 50 290
Other creditors 683 435
Accrued expenses 317 317
10,021 9,354

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans - 2-5 years 15,209 17,656

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
N Perrier and L Perrier
Balance outstanding at start of year 18,383 14,154
Amounts advanced 27,982 22,166
Amounts repaid (25,984 ) (17,937 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,381 18,383

Interest is charged on the above loan at the HMRC recommended rate of interest.

During the year the directors received £12,021 (2022 £Nil) each by way of a dividend issue.

9. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by L Perrier and N Perrier by way of their 100% interest in the issued share capital of the company.