Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false true No description of principal activity 1 January 2024 31 December 2024 31 December 2024 11505251 Dr Katia Babbar Dr William McGhee Mr Stephen Taylor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11505251 2023-12-31 11505251 2024-12-31 11505251 2024-01-01 2024-12-31 11505251 frs-core:CurrentFinancialInstruments 2024-12-31 11505251 frs-core:Non-currentFinancialInstruments 2024-12-31 11505251 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11505251 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11505251 frs-bus:Micro-entities 2024-01-01 2024-12-31 11505251 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11505251 frs-bus:Director1 2024-01-01 2024-12-31 11505251 frs-bus:Director1 2023-12-31 11505251 frs-bus:Director1 2024-12-31 11505251 frs-bus:Director2 2024-01-01 2024-12-31 11505251 frs-bus:Director2 2023-12-31 11505251 frs-bus:Director2 2024-12-31 11505251 frs-bus:Director3 2024-01-01 2024-12-31 11505251 2022-12-31 11505251 2023-12-31 11505251 2023-01-01 2023-12-31 11505251 frs-core:CurrentFinancialInstruments 2023-12-31 11505251 frs-core:Non-currentFinancialInstruments 2023-12-31
Registered number: 11505251
Immersive Finance Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Balance Sheet
Registered number: 11505251
2024 2023
£ £
Fixed assets 5,654 1,579
Current assets 24,861 27,609
Prepayments and accrued income 33,161 8,437
Creditors: Amounts Falling Due Within One Year (13,349 ) (11,883 )
NET CURRENT ASSETS 44,673 24,163
TOTAL ASSETS LESS CURRENT LIABILITIES 50,327 25,742
Creditors: Amounts Falling After More Than One Year (201,665 ) (72,645 )
Accruals and deferred income (17,939 ) (1,100 )
NET LIABILITIES (169,277 ) (48,003 )
CAPITAL AND RESERVES (169,277 ) (48,003 )

Notes

1. General Information
Immersive Finance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11505251 . The registered office is 128 City Road, London, EC1V 2NX. 
Going Concern
The directors have assessed the Balance Sheet Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the Financial Statements.
2. Average Number of Employees
Average number of employees, including directors, during the period was as follows: 3 (2023: 2)
3 2
3. Directors Advances, Credits and Guarantees
Included within Creditors falling due after more than 1 year are the following loans from directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Dr Katia Babbar (59,560 ) (133,392 ) 7,363 - (185,589 )
Dr William McGhee (13,085 ) (4,392 ) 1,401 - (16,076 )
The above loans are unsecured, interest free and repayable on demand, but not expected to be repaid within the following year.
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For the year ending 31 December 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
THe company has opted not to deliver the Profit and Loss Account.
The financial statements were approved by the board of directors on 26 May 2025 and were signed and approved on behalf of the board by:
Dr Katia Babbar
Director
Dr William McGhee
Director
Mr Stephen Taylor
Director
26/05/2025