1 January 2023 false No description of principal activity Taxfiler 2024.5 SC614596business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC6145962022-12-31 SC6145962023-01-012023-12-31 SC614596business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 SC614596business:FilletedAccounts2023-01-012023-12-31 SC6145962023-12-31 SC614596business:Director12023-01-012023-12-31 SC614596business:Director22023-01-012023-12-31 SC614596business:CompanySecretary12023-01-012023-12-31 SC614596business:RegisteredOffice2023-01-012023-12-31 SC6145962022-12-31 SC614596core:WithinOneYear2023-12-31 SC614596core:WithinOneYear2022-12-31 SC614596core:AfterOneYear2023-12-31 SC614596core:AfterOneYear2022-12-31 SC614596core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC614596core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC614596core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC614596core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC614596core:PreviouslyStatedAmount2023-12-31 SC614596core:PreviouslyStatedAmount2022-12-31 SC614596business:SmallEntities2023-01-012023-12-31 SC614596countries:Scotland2023-01-012023-12-31 SC614596core:ComputerEquipment2023-01-012023-12-31 SC614596core:MotorVehicles2022-12-31 SC614596core:ComputerEquipment2022-12-31 SC614596core:MotorVehicles2023-01-012023-12-31 SC614596core:MotorVehicles2023-12-31 SC614596core:ComputerEquipment2023-12-31 SC6145962022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC614596 (Scotland)
IMPAQ TECHNOLOGIES LIMITED Unaudited accounts for the year ended 31 December 2023
IMPAQ TECHNOLOGIES LIMITED Unaudited accounts Contents
Page
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IMPAQ TECHNOLOGIES LIMITED Company Information for the year ended 31 December 2023
Directors
Angus George Kerr John Rodgers
Secretary
STRONACHS SECRETARIES LIMITED
Company Number
SC614596 (Scotland)
Registered Office
28 ALBYN PLACE ABERDEEN AB10 1YL UNITED KINGDOM
Accountants
Aberdeen Accountants 3 Scotsmill Gardens Blackburn Aberdeenshire AB21 0GA
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IMPAQ TECHNOLOGIES LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,879 
9,780 
Current assets
Inventories
9,350 
- 
Debtors
94,130 
146,944 
Cash at bank and in hand
49,972 
28,515 
153,452 
175,459 
Creditors: amounts falling due within one year
(295,724)
(258,524)
Net current liabilities
(142,272)
(83,065)
Total assets less current liabilities
(135,393)
(73,285)
Creditors: amounts falling due after more than one year
(24,166)
(34,130)
Net liabilities
(159,559)
(107,415)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(159,659)
(107,515)
Shareholders' funds
(159,559)
(107,415)
For the year ending 31 December 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 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 of Directors and authorised for issue on 1 August 2024 and were signed on its behalf by
Angus George Kerr Director Company Registration No. SC614596
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IMPAQ TECHNOLOGIES LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
IMPAQ TECHNOLOGIES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC614596. The registered office is 28 ALBYN PLACE, ABERDEEN, AB10 1YL, UNITED KINGDOM.
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:
Computer equipment
33% COST
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
10,000 
5,481 
15,481 
Additions
- 
780 
780 
At 31 December 2023
10,000 
6,261 
16,261 
Depreciation
At 1 January 2023
556 
5,145 
5,701 
Charge for the year
3,333 
348 
3,681 
At 31 December 2023
3,889 
5,493 
9,382 
Net book value
At 31 December 2023
6,111 
768 
6,879 
At 31 December 2022
9,444 
336 
9,780 
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IMPAQ TECHNOLOGIES LIMITED Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
4,721 
6,675 
Trade debtors
37,288 
56,448 
Deferred tax asset
44,545 
32,511 
Other debtors
7,576 
51,310 
94,130 
146,944 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,167 
8,370 
Trade creditors
148,526 
159,314 
Amounts owed to group undertakings and other participating interests
109,041 
90,000 
Accruals
28,990 
840 
295,724 
258,524 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,166 
34,130 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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