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Company Registration No. 08601509 (England and Wales)
Imperial Wealth Advisory Ltd Unaudited accounts for the year ended 31 July 2024
Imperial Wealth Advisory Ltd Unaudited accounts Contents
Page
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Imperial Wealth Advisory Ltd Company Information for the year ended 31 July 2024
Director
Chirag Thankey
Company Number
08601509 (England and Wales)
Registered Office
11 Harcourt Way Meridian Business Park Leicester LE19 1WP
Accountants
CJK Accountants 4 Marsh Drive Husbands Bosworth Lutterworth Leicestershire LE17 6PU
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Imperial Wealth Advisory Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
112,366 
26,908 
Current assets
Debtors
26,663 
70,944 
Cash at bank and in hand
79,400 
91,158 
106,063 
162,102 
Creditors: amounts falling due within one year
(21,713)
(37,460)
Net current assets
84,350 
124,642 
Total assets less current liabilities
196,716 
151,550 
Creditors: amounts falling due after more than one year
(81,605)
(23,978)
Provisions for liabilities
Deferred tax
(6,727)
(6,727)
Net assets
108,384 
120,845 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
108,374 
120,835 
Shareholders' funds
108,384 
120,845 
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 director acknowledges his 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 11 September 2024 and were signed on its behalf by
Chirag Thankey Director Company Registration No. 08601509
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Imperial Wealth Advisory Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Imperial Wealth Advisory Ltd is a private company, limited by shares, registered in England and Wales, registration number 08601509. The registered office is 11 Harcourt Way, Meridian Business Park, Leicester, LE19 1WP.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
- 
32,230 
15,790 
48,020 
Additions
75,506 
17,020 
6,476 
99,002 
At 31 July 2024
75,506 
49,250 
22,266 
147,022 
Depreciation
At 1 August 2023
- 
12,310 
8,802 
21,112 
Charge for the year
943 
9,235 
3,366 
13,544 
At 31 July 2024
943 
21,545 
12,168 
34,656 
Net book value
At 31 July 2024
74,563 
27,705 
10,098 
112,366 
At 31 July 2023
- 
19,920 
6,988 
26,908 
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Imperial Wealth Advisory Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,907 
40,721 
Accrued income and prepayments
4,425 
11,282 
Other debtors
1,331 
18,941 
26,663 
70,944 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,000 
6,000 
Obligations under finance leases and hire purchase contracts
8,880 
- 
Trade creditors
3,914 
8,538 
Taxes and social security
1,718 
21,875 
Other creditors
619 
465 
Accruals
582 
582 
21,713 
37,460 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,500 
13,500 
Obligations under finance leases and hire purchase contracts
63,635 
- 
Loans from directors
10,470 
10,478 
81,605 
23,978 
8
Average number of employees
During the year the average number of employees was 9 (2023: 6).
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