Company Registration No. 10874692 (England and Wales)
Impulse Athletes Ltd
Unaudited accounts
for the year ended 31 July 2023
Impulse Athletes Ltd
Unaudited accounts
Contents
Impulse Athletes Ltd
Company Information
for the year ended 31 July 2023
Director
Florence Lai Bing Kum
Company Number
10874692 (England and Wales)
Registered Office
International House
24 International House
24holborn Viaduct
London
EC1A 2BN
Accountants
Beckett Taylor Limited
63-66 Hatton Garden
London
EC1N 8LE
Impulse Athletes Ltd
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
4,452
305
Creditors: amounts falling due within one year
(38,143)
(20,423)
Net current liabilities
(20,930)
(20,018)
Net liabilities
(20,930)
(20,018)
Called up share capital
1
1
Profit and loss account
(20,931)
(20,019)
Shareholders' funds
(20,930)
(20,018)
For the year ending 31 July 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 30 September 2024 and were signed on its behalf by
Florence Lai Bing Kum
Director
Company Registration No. 10874692
Impulse Athletes Ltd
Notes to the Accounts
for the year ended 31 July 2023
Impulse Athletes Ltd is a private company, limited by shares, registered in England and Wales, registration number 10874692. The registered office is International House, 24 International House, 24holborn Viaduct, London, EC1A 2BN.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
There was a net deficiency of assets of £20,018 (2021 £10,959) at the balance sheet date, however, the directors have confirmed continued support and consider the company retains sufficient working capital to continue trading for the foreseeable future.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,985
9,068
Loans from directors
29,108
10,855
Impulse Athletes Ltd
Notes to the Accounts
for the year ended 31 July 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).