Impress Blinds Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
185,849
231,410
Inventories
269,333
260,512
Cash at bank and in hand
66,929
76,945
Creditors: amounts falling due within one year
(328,308)
(396,219)
Net current assets
125,319
58,603
Net assets
311,168
290,013
Called up share capital
100
100
Profit and loss account
311,068
289,913
Shareholders' funds
311,168
290,013
For the year ending 30 November 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 19 April 2024 and were signed on its behalf by
Asad Habib
Director
Company Registration No. 09314899
Impress Blinds Ltd
Notes to the Accounts
for the year ended 30 November 2023
Impress Blinds Ltd is a private company, limited by shares, registered in England and Wales, registration number 09314899. The registered office is V2 Victoria Mills, Bradford Road, Batley, WF17 8LL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
355,977
15,195
371,172
At 30 November 2023
357,091
15,195
372,286
At 1 December 2022
127,966
11,796
139,762
Charge for the year
45,825
850
46,675
At 30 November 2023
173,791
12,646
186,437
At 30 November 2023
183,300
2,549
185,849
At 30 November 2022
228,011
3,399
231,410
Amounts falling due within one year
Trade debtors
117,365
117,365
Impress Blinds Ltd
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
86,987
110,397
Taxes and social security
95,991
68,569
Other creditors
28,330
116,253
Loans from directors
117,000
101,000
7
Average number of employees
During the year the average number of employees was 22 (2022: 22).