Acorah Software Products - Accounts Production 16.3.350 false true true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 13338130 Mr Jack Marsden iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13338130 2024-04-30 13338130 2025-04-30 13338130 2024-05-01 2025-04-30 13338130 frs-core:CurrentFinancialInstruments 2025-04-30 13338130 frs-core:ComputerEquipment 2025-04-30 13338130 frs-core:ComputerEquipment 2024-05-01 2025-04-30 13338130 frs-core:ComputerEquipment 2024-04-30 13338130 frs-core:ShareCapital 2025-04-30 13338130 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 13338130 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 13338130 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 13338130 frs-bus:SmallEntities 2024-05-01 2025-04-30 13338130 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 13338130 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 13338130 frs-bus:Director1 2024-05-01 2025-04-30 13338130 frs-bus:Director1 2024-04-30 13338130 frs-bus:Director1 2025-04-30 13338130 frs-core:CurrentFinancialInstruments 9 2025-04-30 13338130 frs-countries:EnglandWales 2024-05-01 2025-04-30 13338130 2023-04-30 13338130 2024-04-30 13338130 2023-05-01 2024-04-30 13338130 frs-core:CurrentFinancialInstruments 2024-04-30 13338130 frs-core:ShareCapital 2024-04-30 13338130 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 13338130 frs-core:CurrentFinancialInstruments 9 2024-04-30
Registered number: 13338130
Imperium People Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13338130
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 145 290
145 290
CURRENT ASSETS
Debtors 5 4,331 10,800
Cash at bank and in hand 12,036 10,803
16,367 21,603
Creditors: Amounts Falling Due Within One Year 6 (16,511 ) (12,553 )
NET CURRENT ASSETS (LIABILITIES) (144 ) 9,050
TOTAL ASSETS LESS CURRENT LIABILITIES 1 9,340
NET ASSETS 1 9,340
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account - 9,339
SHAREHOLDERS' FUNDS 1 9,340
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jack Marsden
Director
6th June 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Imperium People Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13338130 . The registered office is 155 Watermoor Road, Cirencester, GL7 1LF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. At the balance sheet date liabilities exceed assets by £13,480. The Director has provided financial support to the business and believes that the company will continue for the foreseeable future.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33% Straight Line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2024 1,119
As at 30 April 2025 1,119
Depreciation
As at 1 May 2024 829
Provided during the period 145
As at 30 April 2025 974
Net Book Value
As at 30 April 2025 145
As at 1 May 2024 290
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 10,800
Director's loan account 4,331 -
4,331 10,800
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 12,867 6,380
VAT 3,542 6,173
Accrued expenses 102 -
16,511 12,553
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2024 Amounts advanced Amounts repaid Amounts written off As at 30 April 2025
£ £ £ £ £
Mr Jack Marsden - 4,332 - - 4,332
The above loan is unsecured, interest free and repayable on demand.
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