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REGISTERED NUMBER: 05136978 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

IMENSE LTD

IMENSE LTD (REGISTERED NUMBER: 05136978)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IMENSE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: D A Sinclair
C P Town
H Kjellin





SECRETARY: D A Sinclair





REGISTERED OFFICE: 115c Milton Road
Cambridge
CB4 1XE





REGISTERED NUMBER: 05136978 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

IMENSE LTD (REGISTERED NUMBER: 05136978)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 9,548 12,570
9,548 12,570

CURRENT ASSETS
Debtors 6 94,279 82,312
Cash at bank 113,099 102,979
207,378 185,291
CREDITORS
Amounts falling due within one year 7 44,649 42,596
NET CURRENT ASSETS 162,729 142,695
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,277

155,265

CAPITAL AND RESERVES
Called up share capital 144 144
Share premium 706,830 706,830
Revaluation reserve 8 40,000 40,000
Retained earnings (574,697 ) (591,709 )
SHAREHOLDERS' FUNDS 172,277 155,265

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

IMENSE LTD (REGISTERED NUMBER: 05136978)

BALANCE SHEET - continued
31 OCTOBER 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by:





D A Sinclair - Director


IMENSE LTD (REGISTERED NUMBER: 05136978)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Imense Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Training data archive is being amortised evenly over its estimated useful life of seven years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% on cost

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

IMENSE LTD (REGISTERED NUMBER: 05136978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. INTANGIBLE FIXED ASSETS
Training
data
archive
£   
COST
At 1 November 2023
and 31 October 2024 40,000
AMORTISATION
At 1 November 2023
and 31 October 2024 40,000
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
£   
COST
At 1 November 2023 82,978
Additions 3,775
At 31 October 2024 86,753
DEPRECIATION
At 1 November 2023 70,408
Charge for year 6,797
At 31 October 2024 77,205
NET BOOK VALUE
At 31 October 2024 9,548
At 31 October 2023 12,570

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 79,346 65,704
Tax 14,933 16,608
94,279 82,312

IMENSE LTD (REGISTERED NUMBER: 05136978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Credit card control 600 -
Social security and other taxes 5,811 4,267
VAT 8,454 4,426
Other creditors 8,552 7,733
Directors' loan accounts 18,732 23,670
Accruals and deferred income 2,500 2,500
44,649 42,596

8. RESERVES
Revaluation
reserve
£   
At 1 November 2023
and 31 October 2024 40,000

9. ULTIMATE CONTROLLING PARTY

The controlling parties are D Sinclair and C Town by virtue of their 74.3% ownership of the issued ordinary share capital.