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COMPANY REGISTRATION NUMBER: 04421677

Impress North East (Holdings) Limited

Filleted Unaudited Financial Statements

31 March 2025

Impress North East (Holdings) Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £ | £

Current Assets

Debtors | 4 | 1,914,320 |  | 1,954,879
Cash at bank and in hand | 436 |  | 436
| ------------ |  | ------------
| 1,914,756 |  | 1,955,315

Creditors: amounts falling due within one year | 5 | 53 |  | 52
| ------------ |  | ------------
Net Current Assets |  | 1,914,703 | 1,955,263
|  | ------------ | ------------
Total Assets Less Current Liabilities |  | 1,914,703 | 1,955,263
|  | ------------ | ------------

Capital and Reserves

Called up share capital |  | 54,297 | 54,297
Profit and loss account |  | 1,860,406 | 1,900,966
|  | ------------ | ------------
Shareholders Funds |  | 1,914,703 | 1,955,263
|  | ------------ | ------------

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 comprehensive income has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their 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 13 March 2026 , and are signed on behalf of the board by:

Mr G Peel | Mr S Young
Director | Director

Company registration number: 04421677

Impress North East (Holdings) Limited

Notes to the Financial Statements

Year ended 31 March 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 Ryton Industrial Estate, Newburn Bridge Road, Blaydon-on-Tyne, Tyne & Wear, NE21 4SQ.
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.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Debtors

| 2025 | 2024
| £ | £
Other debtors | 1,914,320 | 1,954,879
| ------------ | ------------

5. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Other creditors - desc in a/cs | 53 | 52
| ---- | ----

6. Contingencies
There is an unlimited bank cross guarantee between Impress North East (Holdings) Limited and Impress North East Limited.
7. Related party transactions
The company was under the joint control of Mr G Peel and Mr S Young throughout the current and previous year. Included within the company's financial statements is an amount owed to the company relating to the deferred sale of Impress Precision Machining Limited of £118,333 (2023: £180,000). Included within the company's financial statements is an amount owed to the company relating to the deferred loan notes from Dynamo Bidco of £1,836,538 (2023: £nil). There is a bank cross guarantee with Impress North East Limited as detailed in note 7. No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard for Smaller Entities. The company was under the joint control of Mr G Peel and Mr S Young throughout the current and previous year. Included within the company's financial statements is an amount owed to the company relating to the deferred sale of Impress Precision Machining Limited of £118,333 (2023: £180,000). There is a bank cross guarantee with Impress North East Limited as detailed in note 7. No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard for Smaller Entities.