SHAREDIMPACT VENTURES LTD


Director	NORTH, Robert Anthony


Registered Address	114 High Street
	Cranfield
	Bedford
	MK43 0DG


Registered Number	08154452 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors		15,709		15,709
Cash at bank and on hand		3,332		30
		19,041		15,739
Creditors amounts falling due within one year	3	(72,890)		(177,815)
Net current assets (liabilities)			(53,849)		(162,076)
Total assets less current liabilities			(53,849)		(162,076)
Net assets			(53,849)		(162,076)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(53,850)		(162,077)
Shareholders' funds			(53,849)		(162,076)

The company was entitled to exemption from audit for this reporting period 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 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 provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 19 December 2025, and are signed on its behalf by:

NORTH, Robert Anthony
Director
Registered Company No. 08154452

SHAREDIMPACT VENTURES LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	At the year end the company has net liabilities of £53,850 after making a surplus in the year of £77,192. The director considers that the use of the going concern basis is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the parent charity to continue operating the trading subsidiary. In making this assessment the Directors have considered the longer term plans for the company in how it will develop its business in future years. The Directors have also reviewed regularly the financial and operational risks to which the company is exposed and how these risks are managed.

Going concern

At the year end the company has net liabilities of £53,850 after making a surplus in the year of £77,192. The director considers that the use of the going concern basis is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the parent charity to continue operating the trading subsidiary. In making this assessment the Directors have considered the longer term plans for the company in how it will develop its business in future years. The Directors have also reviewed regularly the financial and operational risks to which the company is exposed and how these risks are managed.

	Judgements and key sources of estimation uncertainty
	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

	Revenue from sale of goods
	Revenue represents management fees due from the parent entity, SharedImpact gross of VAT.

	Related parties
	The company has taken advantage of the exemption available in the FRS 102 whereby it has not disclosed transaction with the ultimate parent company or any wholly owned subsidiary undertaking of the group. Included in the other others is an amount of £15,595 (2024: £15,595) was due from SharedImpact Foundation (UK) Limited, a charitable company that shares common director. At balance sheet date a formal director was owned £71,000 (2024: £140,000) by the company. No interest is charged on the amount and is repayable on demand.

Related parties

The company has taken advantage of the exemption available in the FRS 102 whereby it has not disclosed transaction with the ultimate parent company or any wholly owned subsidiary undertaking of the group.
Included in the other others is an amount of £15,595 (2024: £15,595) was due from SharedImpact Foundation (UK) Limited, a charitable company that shares common director.
At balance sheet date a formal director was owned £71,000 (2024: £140,000) by the company. No interest is charged on the amount and is repayable on demand.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	71,000	140,000
Accrued liabilities and deferred income	1,890	37,815
Total	72,890	177,815

4.	Controlling party
	The ultimate parent company is Sharedimpact, a charitable company registered in England and Wales. The registered address of Sharedimpact is 114 High Street, Cranfield, Bedford, MK43 0DG.