IRIS Accounts Production v24.3.2.46 11036406 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110364062024-01-31110364062025-01-31110364062024-02-012025-01-31110364062023-01-31110364062023-02-012024-01-31110364062024-01-3111036406ns15:EnglandWales2024-02-012025-01-3111036406ns14:PoundSterling2024-02-012025-01-3111036406ns10:Director12024-02-012025-01-3111036406ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3111036406ns10:SmallEntities2024-02-012025-01-3111036406ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3111036406ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3111036406ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3111036406ns10:AbridgedAccounts2024-02-012025-01-311103640612024-02-012025-01-3111036406ns10:OrdinaryShareClass12024-02-012025-01-3111036406ns10:Director22024-02-012025-01-3111036406ns10:Director32024-02-012025-01-3111036406ns10:Director42024-02-012025-01-3111036406ns10:RegisteredOffice2024-02-012025-01-3111036406ns5:CurrentFinancialInstruments2025-01-3111036406ns5:CurrentFinancialInstruments2024-01-3111036406ns5:ShareCapital2025-01-3111036406ns5:ShareCapital2024-01-3111036406ns5:RetainedEarningsAccumulatedLosses2025-01-3111036406ns5:RetainedEarningsAccumulatedLosses2024-01-3111036406ns5:NetGoodwill2024-02-012025-01-3111036406ns5:PlantMachinery2024-02-012025-01-3111036406ns5:FurnitureFittings2024-02-012025-01-3111036406ns5:MotorVehicles2024-02-012025-01-3111036406ns5:ComputerEquipment2024-02-012025-01-3111036406ns10:OrdinaryShareClass12025-01-31
REGISTERED NUMBER: 11036406 (England and Wales)















Financial Statements for the Year Ended 31 January 2025

for

Impact (Midlands) Holdings Limited

Impact (Midlands) Holdings Limited (Registered number: 11036406)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Impact (Midlands) Holdings Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: Mr C J Potter
Mrs N D Potter
Mr R Potter
Mr R K Potter





REGISTERED OFFICE: Unit 3 Phoenix Park
Station Road
Rowley Regis
West Midlands
B65 0JY





REGISTERED NUMBER: 11036406 (England and Wales)

Impact (Midlands) Holdings Limited (Registered number: 11036406)

Abridged Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 1
Tangible assets 5 32,730 34,984
Investments 6 25,000 25,000
57,730 59,985

CURRENT ASSETS
Debtors 381,500 401,348
Cash at bank 55,146 14,807
436,646 416,155
CREDITORS
Amounts falling due within one year 28,845 31,759
NET CURRENT ASSETS 407,801 384,396
TOTAL ASSETS LESS CURRENT
LIABILITIES

465,531

444,381

PROVISIONS FOR LIABILITIES 6,219 6,647
NET ASSETS 459,312 437,734

CAPITAL AND RESERVES
Called up share capital 7 25,050 25,050
Retained earnings 434,262 412,684
SHAREHOLDERS' FUNDS 459,312 437,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Impact (Midlands) Holdings Limited (Registered number: 11036406)

Abridged Balance Sheet - continued
31 January 2025


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 14 March 2025 and were signed on its behalf by:





Mr C J Potter - Director


Impact (Midlands) Holdings Limited (Registered number: 11036406)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Impact (Midlands) Holdings 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.

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.

The financial statements are prepared on a going concern basis.

The financial statements are prepared in GBP sterling and are rounded to the nearest pound.

Preparation of consolidated financial statements
The financial statements contain information about Impact (Midlands) Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, was amortised evenly over its estimated useful life of five 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less an impairment provision.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Impact (Midlands) Holdings Limited (Registered number: 11036406)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued

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.

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 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2024
and 31 January 2025 1
AMORTISATION
Amortisation for year 1
At 31 January 2025 1
NET BOOK VALUE

At 31 January 2025 -
At 31 January 2024 1

Impact (Midlands) Holdings Limited (Registered number: 11036406)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2024 65,553
Additions 6,900
At 31 January 2025 72,453
DEPRECIATION
At 1 February 2024 30,569
Charge for year 9,154
At 31 January 2025 39,723
NET BOOK VALUE
At 31 January 2025 32,730
At 31 January 2024 34,984

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 February 2024
and 31 January 2025 25,000
NET BOOK VALUE
At 31 January 2025 25,000
At 31 January 2024 25,000

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
25,050 Ordinary £1 25,050 25,050