IMPACT FACILITIES MANAGEMENT LIMITED | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 31 JULY 2023 | |
IMPACT FACILITIES MANAGEMENT LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 JULY 2023 | |||
DIRECTORS | |||
C L Deller | |||
D W Matthews | |||
SECRETARY | |||
C L Deller | |||
REGISTERED OFFICE | |||
78 Birmingham Street Oldbury B69 4EB |
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COMPANY REGISTERED NUMBER | |||
05887356 | |||
BANKERS | |||
NatWest Bank plc | |||
ACCOUNTANTS | |||
Lyness Accountancy Practice Limited | |||
Chartered Certified Accountants | |||
78 Birmingham Street, Oldbury, West Midlands, B69 4EB | |||
page 1 | |
IMPACT FACILITIES MANAGEMENT LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 JULY 2023 | |||
CONTENTS | |||
Pages | |||
3-4 | Statement of Financial Position | ||
5-8 | Notes to the Financial Statements | ||
page 2 | |
Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2023 | 2022 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Property, plant and equipment | 3 | ||||
CURRENT ASSETS | |||||
Inventories | |||||
Debtors | 4 | ||||
Cash at bank and in hand | |||||
CREDITORS: Amounts falling due within one year | 5 | ||||
NET CURRENT ASSETS | |||||
TOTAL ASSETS LESS CURRENT LIABILITIES | |||||
CREDITORS: Amounts falling due after more than one year | 6 | ( |
( |
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PROVISIONS FOR LIABILITIES | ( |
( |
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NET ASSETS | £ |
£ |
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CAPITAL AND RESERVES | |||||
Called up share capital | |||||
Retained earnings | |||||
SHAREHOLDERS' FUNDS | £ |
£ |
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The notes on pages 5-8 form part of these financial statements | |
page 3 | |
Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2023 | 2022 | |||
£ | £ | £ |
In approving these financial statements as directors of the company we hereby confirm the following: | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. | |||
The financial statements were approved and authorised for issue by the board of directors on |
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Signed on behalf of the board of directors | |||
The notes on pages 5-8 form part of these financial statements | |
page 4 | |
IMPACT FACILITIES MANAGEMENT LIMITED | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 31 JULY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of compliance | |||
Registered office: | ||||
Oldbury B69 4EB |
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1b. | Basis of accounting | |||
1c. | Revenue recognition | |||
1d. | Borrowing costs | |||
1e. | Taxation | |||
1f. | Property, plant and equipment | ||
Plant and machinery | |||
Vehicles | |||
Fixtures and fittings | |||
Equipment |
The notes on pages 5-8 form part of these financial statements | |
page 5 | |
IMPACT FACILITIES MANAGEMENT LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JULY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1g. | Inventories | |||
1h. | Short term debtors and creditors | |||
1i. | Cash and cash equivalents | |||
1j. | Interest bearing borrowings | |||
1k. | Leased assets | |||
1l. | Pensions | |||
Actuarial gains and losses are recognised in full in the period in which they occur and are shown in Other Comprehensive Income. | ||||
Current and past service costs, along with settlements or curtailments, are charged to the Income Statement. Interest on pension plan liabilities are recognised within finance expense. | ||||
The notes on pages 5-8 form part of these financial statements | |
page 6 | |
IMPACT FACILITIES MANAGEMENT LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JULY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1m. | Provisions | |||
2. | DIRECTORS AND EMPLOYEES | ||
The average weekly number of employees during the year were as follows: | |||
2023 | 2022 | ||
No. | No. | ||
Average number of employees | |||
3. | PROPERTY, PLANT AND EQUIPMENT | ||||
Plant & | Fixtures & | ||||
Freehold | Machinery | Equipment | Total | ||
£ | £ | £ | £ | ||
Cost | |||||
At 1 August 2022 | |||||
Additions | |||||
At 31 July 2023 | |||||
Depreciation | |||||
At 1 August 2022 | |||||
For the year | |||||
At 31 July 2023 | |||||
Net Book Amounts | |||||
At 31 July 2023 | £ |
£ |
£ |
£ |
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At 31 July 2022 | £ |
£ |
£ |
£ |
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The notes on pages 5-8 form part of these financial statements | |
page 7 | |
IMPACT FACILITIES MANAGEMENT LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JULY 2023 |
4. | DEBTORS | 2023 | 2022 |
£ | £ | ||
Trade debtors | |||
Amounts owed by ICM | |||
Amounts owed by Plumtree Developmen | |||
Social security and other taxes | |||
Other debtors | |||
£ |
£ |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2023 | 2022 | ||
£ | £ | ||
Bank loans and overdrafts | 28,354 | 22,983 | |
Finance leases and hire purchase contracts | |||
Trade creditors | |||
Amounts owed to group undertakings | |||
Corporation tax | |||
Other taxes and social security | |||
£ |
£ |
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6. | CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR | ||
2023 | 2022 | ||
£ | £ | ||
Bank loans and overdrafts | |||
Finance leases and hire purchase contracts | |||
£ |
£ |
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Analysis of borrowings: | |||
Due within five years: | |||
within 1 year | |||
bank | |||
leases | |||
within 1-2 years | |||
bank | |||
within 2-5 years | |||
leases | |||
£230,085 | £207,463 | ||
The notes on pages 5-8 form part of these financial statements | |
page 8 |