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Company Registration No. 08601509 (England and Wales)
Imperial Wealth Advisory Ltd Unaudited accounts for the year ended 31 July 2023
Imperial Wealth Advisory Ltd Unaudited accounts Contents
Page
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Imperial Wealth Advisory Ltd Company Information for the year ended 31 July 2023
Director
Chirag Thankey
Company Number
08601509 (England and Wales)
Registered Office
11 Harcourt Way Meridian Business Park Leicester LE19 1WP
Accountants
CJK Accountants 4 Marsh Drive Husbands Bosworth Lutterworth Leicestershire LE17 6PU
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Imperial Wealth Advisory Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,908 
12,714 
Current assets
Debtors
70,944 
42,850 
Cash at bank and in hand
91,158 
116,672 
162,102 
159,522 
Creditors: amounts falling due within one year
(37,460)
(45,396)
Net current assets
124,642 
114,126 
Total assets less current liabilities
151,550 
126,840 
Creditors: amounts falling due after more than one year
(23,978)
(25,500)
Provisions for liabilities
Deferred tax
(6,727)
(2,416)
Net assets
120,845 
98,924 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
120,835 
98,914 
Shareholders' funds
120,845 
98,924 
For the year ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 5 September 2023 and were signed on its behalf by
Chirag Thankey Director Company Registration No. 08601509
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Imperial Wealth Advisory Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Imperial Wealth Advisory Ltd is a private company, limited by shares, registered in England and Wales, registration number 08601509. The registered office is 11 Harcourt Way, Meridian Business Park, Leicester, LE19 1WP.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
13,142 
11,714 
24,856 
Additions
19,088 
4,076 
23,164 
At 31 July 2023
32,230 
15,790 
48,020 
Depreciation
At 1 August 2022
5,670 
6,472 
12,142 
Charge for the year
6,640 
2,330 
8,970 
At 31 July 2023
12,310 
8,802 
21,112 
Net book value
At 31 July 2023
19,920 
6,988 
26,908 
At 31 July 2022
7,472 
5,242 
12,714 
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Imperial Wealth Advisory Ltd Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
40,721 
22,082 
Accrued income and prepayments
11,282 
7,698 
Other debtors
18,941 
13,070 
70,944 
42,850 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,000 
- 
Trade creditors
8,538 
10,241 
Taxes and social security
21,875 
16,701 
Other creditors
465 
329 
Loans from directors
- 
6,893 
Accruals
582 
11,232 
37,460 
45,396 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,500 
25,500 
Loans from directors
10,478 
- 
23,978 
25,500 
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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