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COMPANY REGISTRATION NUMBER: 08831287

Improval Limited

Filleted Unaudited Financial Statements

31 January 2025

Improval Limited

Statement of Financial Position

31 January 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 37,500 | –

Current assets

Debtors | 5 | 10,282 |  | 7,530
Cash at bank and in hand | 294,307 |  | 347,311
| --------- |  | ---------
| 304,589 |  | 354,841

Creditors: amounts falling due within one year | 6 | 2,880 |  | 27,451
| --------- |  | ---------
Net current assets |  | 301,709 | 327,390
|  | --------- | ---------
Total assets less current liabilities |  | 339,209 | 327,390
|  | --------- | ---------
Net assets |  | 339,209 | 327,390
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | 339,109 | 327,290
|  | --------- | ---------
Shareholder funds |  | 339,209 | 327,390
|  | --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 21 January 2026 , and are signed on behalf of the board by:

C J Bell |
Director |

Company registration number: 08831287

Improval Limited

Notes to the Financial Statements

Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 1, First floor, 1 Duchess Street, London, W1W 6AN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Motor vehicles | - | 25% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4. Tangible assets

| Motor vehicles | Total
| £ | £
Cost |  |
At 1 February 2024 | – | –
Additions | 40,000 | 40,000
| -------- | --------
At 31 January 2025 | 40,000 | 40,000
| -------- | --------
Depreciation |  |
At 1 February 2024 | – | –
Charge for the year | 2,500 | 2,500
| -------- | --------
At 31 January 2025 | 2,500 | 2,500
| -------- | --------
Carrying amount |  |
At 31 January 2025 | 37,500 | 37,500
| -------- | --------
At 31 January 2024 | – | –
| -------- | --------

5. Debtors

| 2025 | 2024
| £ | £
Other debtors | 10,282 | 7,530
| -------- | -------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Other creditors | 2,880 | 27,451
| ------- | --------

7. Director's advances, credits and guarantees
At the year end, the company was owed £2,752 by the director. The loan was on interest free terms and repayable on demand.