Company Registration No. 11673697 (England and Wales)
Impact Ventures Ltd
Unaudited accounts
for the year ended 30 November 2023
Impact Ventures Ltd
Unaudited accounts
Contents
Impact Ventures Ltd
Company Information
for the year ended 30 November 2023
Director
Margaret O'Connor
Company Number
11673697 (England and Wales)
Registered Office
71-75 SHELTON ST
LONDON
WC2H 9JQ
Accountants
Bidwell Accountancy Limited
157 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
Impact Ventures Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
5,096
236
Creditors: amounts falling due within one year
(15,065)
(3,606)
Net current liabilities
(9,969)
(3,370)
Net liabilities
(9,043)
(1,981)
Capital contribution reserve
50
50
Profit and loss account
(9,093)
(2,031)
Shareholders' funds
(9,043)
(1,981)
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 director acknowledges her 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 and authorised for issue on 22 August 2024 and were signed on its behalf by
Margaret O'Connor
Director
Company Registration No. 11673697
Impact Ventures Ltd
Notes to the Accounts
for the year ended 30 November 2023
Impact Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 11673697. The registered office is 71-75 SHELTON ST, LONDON, WC2H 9JQ.
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
Computer equipment
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,174
(4)
Loans from directors
10,691
2,651
Impact Ventures Ltd
Notes to the Accounts
for the year ended 30 November 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).