IMPENDULO LIMITED

Company Registration Number:
07309013 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

IMPENDULO LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

IMPENDULO LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 6 0
Total fixed assets: 6 0
Current assets
Stocks: 0 0
Debtors:   163,830 222,609
Cash at bank and in hand: 2,589,773 2,618,067
Total current assets: 2,753,603 2,840,676
Creditors: amounts falling due within one year:     (3,593)
Net current assets (liabilities): 2,753,603 2,837,083
Total assets less current liabilities: 2,753,609 2,837,083
Creditors: amounts falling due after more than one year:     (154,104)
Total net assets (liabilities): 2,753,609 2,682,979
Capital and reserves
Called up share capital: 1 1,000
Share premium account: 0 59,000
Other reserves: 0 279,541
Profit and loss account: 2,753,608 2,343,438
Shareholders funds: 2,753,609 2,682,979

The notes form part of these financial statements

IMPENDULO LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Carmel Comiskey
Status: Director

The notes form part of these financial statements

IMPENDULO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IMPENDULO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

IMPENDULO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed investments

Investments in subsidiary undertakings are stated at cost less provision for impairment. Following a decision to cease the company's product line, effective 31 January 2024, the carrying values of all six subsidiaries were reduced to £1 each, giving a total investment value of £6 at 31 December 2024. The remaining amounts were written off. The residual £6 is intended to be hived up to Avalara EU Holdings Limited in preparation for striking off Impendulo Limited.