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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
Page
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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
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Impact Ventures Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
926 
1,389 
Current assets
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 and reserves
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
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Impact Ventures Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
1,389 
At 30 November 2023
1,389 
Depreciation
Charge for the year
463 
At 30 November 2023
463 
Net book value
At 30 November 2023
926 
At 30 November 2022
1,389 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
3,174 
(4)
Other creditors
- 
(1)
Loans from directors
10,691 
2,651 
Accruals
1,200 
960 
15,065 
3,606 
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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).
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