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Company Registration No. 12106910 (England and Wales)
Impossible Music Limited Unaudited accounts for the year ended 31 July 2024
Impossible Music Limited Unaudited accounts Contents
Page
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Impossible Music Limited Company Information for the year ended 31 July 2024
Directors
Thomas Cooper
Secretary
Thomas Cooper
Company Number
12106910 (England and Wales)
Registered Office
13 Upton Way Billingshurst RH14 9YU England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Impossible Music Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,731 
918 
Current assets
Cash at bank and in hand
2,510 
4,292 
Creditors: amounts falling due within one year
(3,607)
(2,579)
Net current (liabilities)/assets
(1,097)
1,713 
Net assets
3,634 
2,631 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,534 
2,531 
Shareholders' funds
3,634 
2,631 
For the year ending 31 July 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by
Thomas Cooper Director Company Registration No. 12106910
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Impossible Music Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Impossible Music Limited is a private company, limited by shares, registered in England and Wales, registration number 12106910. The registered office is 13 Upton Way, Billingshurst, RH14 9YU, England.
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:
Computer equipment
25 % Reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
1,049 
Additions
4,923 
At 31 July 2024
5,972 
Depreciation
At 1 August 2023
131 
Charge for the year
1,110 
At 31 July 2024
1,241 
Net book value
At 31 July 2024
4,731 
At 31 July 2023
918 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
500 
Loans from directors
2,443 
1,566 
Accruals
1,164 
513 
3,607 
2,579 
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Impossible Music Limited Notes to the Accounts for the year ended 31 July 2024
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Thomas Cooper
Director Loan Account
(1,565)
(1,379)
(500)
(2,444)
(1,565)
(1,379)
(500)
(2,444)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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