Impress the Examiner Ltd Filleted Accounts Cover
Impress the Examiner Ltd
Company No. 11444130
Information for Filing with The Registrar
31 August 2023
Impress the Examiner Ltd Balance Sheet Registrar
at
31 August 2023
Company No.
11444130
Notes
2023
2022
£
£
Fixed assets
Tangible assets
4
1,7432,360
1,7432,360
Current assets
Debtors
5
10,89064,816
Cash at bank and in hand
13,11545,232
24,005110,048
Creditors: Amount falling due within one year
6
(156,410)
(78,808)
Net current (liabilities)/assets
(132,405)
31,240
Total assets less current liabilities
(130,662)
33,600
Creditors: Amounts falling due after more than one year
7
(114,906)
(12,132)
Provisions for liabilities
Deferred taxation
(331)
(449)
Net (liabilities)/assets
(245,899)
21,019
Capital and reserves
Called up share capital
11
Profit and loss account
9
(245,900)
21,018
Total equity
(245,899)
21,019
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 August 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 01 March 2024 and signed on its behalf by:
T. Budhan Caldwell
Director
01 March 2024
Impress the Examiner Ltd Notes to the Accounts Registrar
for the year ended 31 August 2023
1
General information
Impress the Examiner Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 11444130
Its registered office is:
42 Woodstock Avenue
Romford
RM3 9NF
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Going concern
These financial statements have been prepared on the going concern basis, as it is the opinion of the director, having regard to the assets and liabilities of the company, that the company will be able to continue to meets its obligations as they fall due for a period of at least twelve months from the date of approval of these financial statements.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
25% Reducing balance
Furniture, fittings and equipment
33% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
72
4
Tangible fixed assets
Plant and machinery
Fixtures, fittings and equipment
Total
£
£
£
Cost or revaluation
At 1 September 2022
9612,5693,530
Additions
312208520
At 31 August 2023
1,2732,7774,050
Depreciation
At 1 September 2022
2709001,170
Charge for the year
2269111,137
At 31 August 2023
4961,8112,307
Net book values
At 31 August 2023
7779661,743
At 31 August 2022
691
1,669
2,360
5
Debtors
2023
2022
£
£
Trade debtors
1,62043,892
Corporation tax recoverable
3,857-
VAT recoverable
-15,080
Other debtors
1,100200
Prepayments and accrued income
4,3135,644
10,89064,816
6
Creditors:
amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
36,3724,372
Trade creditors
20,26325,046
Taxes and social security
54,905
2,489
Loans from directors
2,2882,288
Other creditors
741-
Accruals and deferred income
41,84144,613
156,41078,808
7
Creditors:
amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
114,90612,132
114,90612,132
8
Creditors: secured liabilities
2023
2022
£
£
The aggregate amount of secured liabilities included within creditors
138,915-
The bank loans are subject to a personal guarantee provided by the director and shareholder, T Budhan Caldwell.
9
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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