Acorah Software Products - Accounts Production 15.0.500 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 05183909 Mr Glyn Tucker the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05183909 2022-10-31 05183909 2023-10-31 05183909 2022-11-01 2023-10-31 05183909 frs-core:CurrentFinancialInstruments 2023-10-31 05183909 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 05183909 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-31 05183909 frs-core:SharePremium 2023-10-31 05183909 frs-core:ShareCapital 2023-10-31 05183909 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 05183909 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05183909 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 05183909 frs-bus:SmallEntities 2022-11-01 2023-10-31 05183909 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 05183909 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 05183909 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31 05183909 frs-bus:OrdinaryShareClass1 2023-10-31 05183909 1 2022-11-01 2023-10-31 05183909 frs-bus:Director1 2022-11-01 2023-10-31 05183909 frs-countries:EnglandWales 2022-11-01 2023-10-31 05183909 2021-10-31 05183909 2022-10-31 05183909 2021-11-01 2022-10-31 05183909 frs-core:CurrentFinancialInstruments 2022-10-31 05183909 frs-core:SharePremium 2022-10-31 05183909 frs-core:ShareCapital 2022-10-31 05183909 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 05183909 frs-bus:OrdinaryShareClass1 2021-11-01 2022-10-31
Registered number: 05183909
Impressions (Exeter) Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
SPF Accountancy Ltd t/a Waterman Brown
Unit 14 Dunchideock Barton
Dunchideock
Exeter
EX2 9UA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05183909
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 192,911 192,911
192,911 192,911
CURRENT ASSETS
Cash at bank and in hand 6,294 4,948
6,294 4,948
Creditors: Amounts Falling Due Within One Year 5 (173,806 ) (179,842 )
NET CURRENT ASSETS (LIABILITIES) (167,512 ) (174,894 )
TOTAL ASSETS LESS CURRENT LIABILITIES 25,399 18,017
NET ASSETS 25,399 18,017
CAPITAL AND RESERVES
Called up share capital 6 100 100
Share premium account 39,900 39,900
Profit and Loss Account (14,601 ) (21,983 )
SHAREHOLDERS' FUNDS 25,399 18,017
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For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Glyn Tucker
Director
30/07/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Impressions (Exeter) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05183909 . The registered office is Unit 14 Dunchideock Barton, Dunchideock, Exeter, EX2 9UA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Going Concern Disclosure
The accounts have been prepared on the going concern basis, on the basis that the directors and shareholders have confirmed their continued support and consider the company retains sufficient working capital to continue trading for the foreseeable future.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. 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 statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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 timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 November 2022 192,911
As at 31 October 2023 192,911
Net Book Value
As at 31 October 2023 192,911
As at 1 November 2022 192,911
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The directors consider that freehold properties are maintained in such a state of repair that their residual value is at least equal to their net book value. As a result, the corresponding depreciation would not be material and therefore is not charged in the profit and loss account.
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 77,906 84,672
Corporation tax 2,976 2,496
Other creditors 24,163 30,163
Accruals and deferred income 3,000 2,750
Director's loan account 65,761 59,761
173,806 179,842
6. Share Capital
2023 2022
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
7. Related Party Transactions
Exe Valley Design & Print LtdA company in which Mr G S Tucker is both a director and shareholder.Duriing the year under review the company charged rent to Exe Valley Design & Print Ltd amounting to £11,400 (2022: £11,400). There were no amounts owed to the company as at the year end.

Exe Valley Design & Print Ltd

A company in which Mr G S Tucker is both a director and shareholder.

Duriing the year under review the company charged rent to Exe Valley Design & Print Ltd amounting to £11,400 (2022: £11,400). There were no amounts owed to the company as at the year end.

8. Ultimate Controlling Party
The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.
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