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REGISTERED NUMBER: 09747853 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

IMPRESARIO INVESTMENTS LIMITED

IMPRESARIO INVESTMENTS LIMITED (REGISTERED NUMBER: 09747853)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


IMPRESARIO INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr J R Howard
Mr A P Howard





SECRETARY:





REGISTERED OFFICE: Insight House
7a Alkmaar Way
Norwich International Business Centre
Norwich
Norfolk
NR6 6BF





REGISTERED NUMBER: 09747853 (England and Wales)





ACCOUNTANTS: Insight Accountancy Services Ltd
7A Alkmaar Way
Norwich Int Business Park
Norwich
Norfolk
NR6 6BF

IMPRESARIO INVESTMENTS LIMITED (REGISTERED NUMBER: 09747853)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,442,354 1,407,354

CURRENT ASSETS
Debtors 5 9,104 6,096
Cash at bank 4,453 4,084
13,557 10,180
CREDITORS
Amounts falling due within one year 6 1,069,715 1,051,669
NET CURRENT LIABILITIES (1,056,158 ) (1,041,489 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

386,196

365,865

PROVISIONS FOR LIABILITIES 66,920 60,270
NET ASSETS 319,276 305,595

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 277,069 248,719
Retained earnings 42,107 56,776
319,276 305,595

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

IMPRESARIO INVESTMENTS LIMITED (REGISTERED NUMBER: 09747853)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2024


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

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 23 June 2025 and were signed on its behalf by:





Mr J R Howard - Director


IMPRESARIO INVESTMENTS LIMITED (REGISTERED NUMBER: 09747853)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Impresario Investments 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income from the investment properties and is stated excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

IMPRESARIO INVESTMENTS LIMITED (REGISTERED NUMBER: 09747853)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 1,407,354
Revaluations 35,000
At 31 August 2024 1,442,354
NET BOOK VALUE
At 31 August 2024 1,442,354
At 31 August 2023 1,407,354

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2017 785,963
Valuation in 2018 36,836
Valuation in 2019 296,190
Valuation in 2020 84,776
Valuation in 2021 125,589
Valuation in 2023 78,000
Valuation in 2024 35,000
1,442,354

If the properties had not been revalued they would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 1,203,765 1,203,765

Investment properties were valued on an open market value basis on 31 August 2022 by the Directors .

There has been no change to the fair value reserve in the period to 31 August 2022.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 401 1,714
Other debtors 8,703 4,382
9,104 6,096

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 266,944 266,944
Trade creditors 570 569
Other creditors 802,201 784,156
1,069,715 1,051,669

IMPRESARIO INVESTMENTS LIMITED (REGISTERED NUMBER: 09747853)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

7. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 266,944 266,944
Other loans 584,934 605,885
851,878 872,829

Fixed and negative pledge charges held on the investments properties.

8. RESERVES
Fair
value
reserve
£   
At 1 September 2023 248,719
Reserve transfer 28,350

At 31 August 2024 277,069

9. RELATED PARTY DISCLOSURES

At the balance sheet date the directors were owed £215,322 (2023: £174,352). Interest of Nil (2021: Nil) was charged on this loan.