2022-09-012023-08-312023-08-31false10935926IMMERSIVE DESIGN COMPANY LTD2024-01-2562090iso4217:GBPxbrli:pure109359262022-09-01109359262023-08-31109359262022-09-012023-08-31109359262021-09-01109359262022-08-31109359262021-09-012022-08-3110935926bus:SmallEntities2022-09-012023-08-3110935926bus:AuditExempt-NoAccountantsReport2022-09-012023-08-3110935926bus:FullAccounts2022-09-012023-08-3110935926bus:PrivateLimitedCompanyLtd2022-09-012023-08-3110935926core:WithinOneYear2023-08-3110935926core:AfterOneYear2023-08-3110935926core:WithinOneYear2022-08-3110935926core:AfterOneYear2022-08-3110935926core:ShareCapital2023-08-3110935926core:SharePremium2023-08-3110935926core:RevaluationReserve2023-08-3110935926core:OtherReservesSubtotal2023-08-3110935926core:RetainedEarningsAccumulatedLosses2023-08-3110935926core:ShareCapital2022-08-3110935926core:SharePremium2022-08-3110935926core:RevaluationReserve2022-08-3110935926core:OtherReservesSubtotal2022-08-3110935926core:RetainedEarningsAccumulatedLosses2022-08-3110935926core:LandBuildings2023-08-3110935926core:PlantMachinery2023-08-3110935926core:Vehicles2023-08-3110935926core:FurnitureFittings2023-08-3110935926core:OfficeEquipment2023-08-3110935926core:NetGoodwill2023-08-3110935926core:IntangibleAssetsOtherThanGoodwill2023-08-3110935926core:ListedExchangeTraded2023-08-3110935926core:UnlistedNon-exchangeTraded2023-08-3110935926core:LandBuildings2022-08-3110935926core:PlantMachinery2022-08-3110935926core:Vehicles2022-08-3110935926core:FurnitureFittings2022-08-3110935926core:OfficeEquipment2022-08-3110935926core:NetGoodwill2022-08-3110935926core:IntangibleAssetsOtherThanGoodwill2022-08-3110935926core:ListedExchangeTraded2022-08-3110935926core:UnlistedNon-exchangeTraded2022-08-3110935926core:LandBuildings2022-09-012023-08-3110935926core:PlantMachinery2022-09-012023-08-3110935926core:Vehicles2022-09-012023-08-3110935926core:FurnitureFittings2022-09-012023-08-3110935926core:OfficeEquipment2022-09-012023-08-3110935926core:NetGoodwill2022-09-012023-08-3110935926core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3110935926core:ListedExchangeTraded2022-09-012023-08-3110935926core:UnlistedNon-exchangeTraded2022-09-012023-08-3110935926core:MoreThanFiveYears2022-09-012023-08-3110935926core:Non-currentFinancialInstruments2023-08-3110935926core:Non-currentFinancialInstruments2022-08-3110935926dpl:CostSales2022-09-012023-08-3110935926dpl:DistributionCosts2022-09-012023-08-3110935926core:LandBuildings2022-09-012023-08-3110935926core:PlantMachinery2022-09-012023-08-3110935926core:Vehicles2022-09-012023-08-3110935926core:FurnitureFittings2022-09-012023-08-3110935926core:OfficeEquipment2022-09-012023-08-3110935926dpl:AdministrativeExpenses2022-09-012023-08-3110935926core:NetGoodwill2022-09-012023-08-3110935926core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3110935926dpl:GroupUndertakings2022-09-012023-08-3110935926dpl:ParticipatingInterests2022-09-012023-08-3110935926dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3110935926core:ListedExchangeTraded2022-09-012023-08-3110935926dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3110935926core:UnlistedNon-exchangeTraded2022-09-012023-08-3110935926dpl:CostSales2021-09-012022-08-3110935926dpl:DistributionCosts2021-09-012022-08-3110935926core:LandBuildings2021-09-012022-08-3110935926core:PlantMachinery2021-09-012022-08-3110935926core:Vehicles2021-09-012022-08-3110935926core:FurnitureFittings2021-09-012022-08-3110935926core:OfficeEquipment2021-09-012022-08-3110935926dpl:AdministrativeExpenses2021-09-012022-08-3110935926core:NetGoodwill2021-09-012022-08-3110935926core:IntangibleAssetsOtherThanGoodwill2021-09-012022-08-3110935926dpl:GroupUndertakings2021-09-012022-08-3110935926dpl:ParticipatingInterests2021-09-012022-08-3110935926dpl:GroupUndertakingscore:ListedExchangeTraded2021-09-012022-08-3110935926core:ListedExchangeTraded2021-09-012022-08-3110935926dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-09-012022-08-3110935926core:UnlistedNon-exchangeTraded2021-09-012022-08-3110935926core:NetGoodwill2023-08-3110935926core:IntangibleAssetsOtherThanGoodwill2023-08-3110935926core:LandBuildings2023-08-3110935926core:PlantMachinery2023-08-3110935926core:Vehicles2023-08-3110935926core:FurnitureFittings2023-08-3110935926core:OfficeEquipment2023-08-3110935926core:AfterOneYear2023-08-3110935926core:WithinOneYear2023-08-3110935926core:ListedExchangeTraded2023-08-3110935926core:UnlistedNon-exchangeTraded2023-08-3110935926core:ShareCapital2023-08-3110935926core:SharePremium2023-08-3110935926core:RevaluationReserve2023-08-3110935926core:OtherReservesSubtotal2023-08-3110935926core:RetainedEarningsAccumulatedLosses2023-08-3110935926core:NetGoodwill2022-08-3110935926core:IntangibleAssetsOtherThanGoodwill2022-08-3110935926core:LandBuildings2022-08-3110935926core:PlantMachinery2022-08-3110935926core:Vehicles2022-08-3110935926core:FurnitureFittings2022-08-3110935926core:OfficeEquipment2022-08-3110935926core:AfterOneYear2022-08-3110935926core:WithinOneYear2022-08-3110935926core:ListedExc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IMMERSIVE DESIGN COMPANY LTD

Registered Number
10935926
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2023

IMMERSIVE DESIGN COMPANY LTD
Company Information
for the year from 1 September 2022 to 31 August 2023

Director

PROTOGERIDIS KLEOPAS, Filippos Agamemnon

Registered Address

Flat 2, 60 Lexham Gardens
London
W8 5JA

Registered Number

10935926 (England and Wales)
IMMERSIVE DESIGN COMPANY LTD
Balance Sheet as at
31 August 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors6145,08369,986
Cash at bank and on hand131,175134,888
276,258204,874
Creditors amounts falling due within one year7(59,531)(47,303)
Net current assets (liabilities)216,727157,571
Total assets less current liabilities216,727157,571
Net assets216,727157,571
Capital and reserves
Called up share capital11
Profit and loss account216,726157,570
Shareholders' funds216,727157,571
The financial statements were approved and authorised for issue by the Director on 25 January 2024, and are signed on its behalf by:
PROTOGERIDIS KLEOPAS, Filippos Agamemnon
Director
Registered Company No. 10935926
IMMERSIVE DESIGN COMPANY LTD
Notes to the Financial Statements
for the year ended 31 August 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment3
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year11
5.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 September 2210,15410,154
At 31 August 2310,15410,154
Depreciation and impairment
At 01 September 2210,15410,154
At 31 August 2310,15410,154
Net book value
At 31 August 23--
At 31 August 22--
6.Debtors

2023

2022

££
Trade debtors / trade receivables70,15744,161
Other debtors74,92625,825
Total145,08369,986
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Taxation and social security58,42645,331
Other creditors1,1051,972
Total59,53147,303
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.