Company Registration No. 05793895 (England and Wales)
Impellity Ltd
Unaudited accounts
for the year ended 31 December 2023
Impellity Ltd
Unaudited accounts
Contents
Impellity Ltd
Company Information
for the year ended 31 December 2023
Company Number
05793895 (England and Wales)
Registered Office
1 Vine Street
Mayfair
London
W1J 0AH
Accountants
Forest Edge Accountancy
2 Appletree Close
Redlynch
Salisbury
Wiltshire
SP5 2JG
Impellity Ltd
Statement of financial position
as at 31 December 2023
Creditors: amounts falling due within one year
(466,227)
(412,712)
Net current liabilities
(446,948)
(252,548)
Total assets less current liabilities
(446,948)
(229,487)
Creditors: amounts falling due after more than one year
(46,183)
(78,750)
Net liabilities
(493,131)
(308,237)
Called up share capital
100
100
Profit and loss account
(493,231)
(308,337)
Shareholders' funds
(493,131)
(308,237)
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 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 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 13 September 2024 and were signed on its behalf by
Mr Kent Mosbech
Director
Company Registration No. 05793895
Impellity Ltd
Notes to the Accounts
for the year ended 31 December 2023
Impellity Ltd is a private company, limited by shares, registered in England and Wales, registration number 05793895. The registered office is 1 Vine Street, Mayfair, London, W1J 0AH.
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:
Motor vehicles
5 year straight line
Fixtures & fittings
3 year straight line
Computer equipment
3 year straight line
Investments in shares are included at fair value.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
52,141
20,608
72,749
At 31 December 2023
52,141
20,608
72,749
At 1 January 2023
31,284
18,404
49,688
Charge for the year
-
2,204
2,204
On disposals
20,857
-
20,857
At 31 December 2023
52,141
20,608
72,749
At 31 December 2022
20,857
2,204
23,061
Impellity Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
19,219
8,812
Accrued income and prepayments
-
3,550
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
21,782
1,873
Trade creditors
11,178
4,207
Amounts owed to group undertakings and other participating interests
318,256
332,889
Taxes and social security
115,011
113,593
Loans from directors
-
(39,850)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).