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REGISTERED NUMBER: 06258053 (England and Wales)















Unaudited Financial Statements For The Year Ended 31st October 2023

for

Coaching Impact Limited

Coaching Impact Limited (Registered number: 06258053)






Contents of the Financial Statements
For The Year Ended 31st October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Coaching Impact Limited

Company Information
For The Year Ended 31st October 2023







DIRECTORS: Ms S M Rowe
C Rowe





SECRETARY: C Rowe





REGISTERED OFFICE: 1st Floor
5 Century Court
Tolpits Lane
Watford
Hertfordshire
WD18 9PX





REGISTERED NUMBER: 06258053 (England and Wales)





ACCOUNTANTS: Dua & Co. Limited
1st Floor
5 Century Court
Tolpits Lane
Watford
Hertfordshire
WD18 9PX

Coaching Impact Limited (Registered number: 06258053)

Balance Sheet
31st October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 15,682 20,910
Investments 6 99,592 -
115,274 20,910

CURRENT ASSETS
Debtors 7 448,996 324,528
Investments 8 1,959 3,009
Cash at bank 604,745 627,601
1,055,700 955,138
CREDITORS
Amounts falling due within one year 9 279,641 267,815
NET CURRENT ASSETS 776,059 687,323
TOTAL ASSETS LESS CURRENT LIABILITIES 891,333 708,233

PROVISIONS FOR LIABILITIES 2,980 3,973
NET ASSETS 888,353 704,260

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 888,351 704,258
SHAREHOLDERS' FUNDS 888,353 704,260

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th October 2024 and were signed on its behalf by:





Ms S M Rowe - Director


Coaching Impact Limited (Registered number: 06258053)

Notes to the Financial Statements
For The Year Ended 31st October 2023

1. STATUTORY INFORMATION

Coaching Impact Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sale of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Coaching Impact Limited (Registered number: 06258053)

Notes to the Financial Statements - continued
For The Year Ended 31st October 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st November 2022
and 31st October 2023 100,000
AMORTISATION
At 1st November 2022
and 31st October 2023 100,000
NET BOOK VALUE
At 31st October 2023 -
At 31st October 2022 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st November 2022
and 31st October 2023 1,245 18,638 30,253 50,136
DEPRECIATION
At 1st November 2022 659 2,293 26,274 29,226
Charge for year 147 4,086 995 5,228
At 31st October 2023 806 6,379 27,269 34,454
NET BOOK VALUE
At 31st October 2023 439 12,259 2,984 15,682
At 31st October 2022 586 16,345 3,979 20,910

6. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST
Additions 99,592
At 31st October 2023 99,592
NET BOOK VALUE
At 31st October 2023 99,592

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 425,369 321,452
Other debtors 23,627 3,076
448,996 324,528

Coaching Impact Limited (Registered number: 06258053)

Notes to the Financial Statements - continued
For The Year Ended 31st October 2023

8. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 1,959 3,009
Market value of listed investments at 31st October 2023 - £ 1,959 (2022 - £ 3,009 ).

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 87,869 20,659
Taxation and social security 150,399 104,965
Other creditors 41,373 142,191
279,641 267,815