Registration number: 07798436

Impresa Corporation Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

Impresa Corporation Ltd

(Registration number: 07798436)
Balance Sheet as at 4 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	9,833	69,541
Current assets
Stocks	6	33,000	33,000
Debtors	7	182,385	179,210
Cash at bank and in hand		31,583	27,736
		246,968	239,946
Creditors: Amounts falling due within one year	8	(106,639)	(108,895)
Net current assets		140,329	131,051
Total assets less current liabilities		150,162	200,592
Creditors: Amounts falling due after more than one year	8	(141,891)	(163,908)
Provisions for liabilities		(2,458)	(17,385)
Net assets		5,813	19,299
Capital and reserves
Called up share capital		100	100
Retained earnings		5,713	19,199
Shareholders' funds		5,813	19,299

Impresa Corporation Ltd

(Registration number: 07798436)
Balance Sheet as at 4 October 2025

For the financial year ending 4 October 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 July 2026
 

......................................... Mr S Mughal Director

Impresa Corporation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 4 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
34 St Annes Road West
St Annes on Sea
Lancashire
FY8 1RF

These financial statements were authorised for issue by the director on 3 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Impresa Corporation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 4 October 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	20% Straight line
Office Equipment	33% Straight line
Shop Fit	20% Straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Impresa Corporation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 4 October 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2024 - 9).

Impresa Corporation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 4 October 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 5 October 2024	175,000	175,000
At 4 October 2025	175,000	175,000
Amortisation
At 5 October 2024	175,000	175,000
At 4 October 2025	175,000	175,000
Carrying amount
At 4 October 2025	-	-

5	Tangible assets

	Furniture, fittings and equipment  £	Shop Fit  £	Plant and machinery £	Total £
Cost or valuation
At 5 October 2024	15,018	272,482	103,562	391,062
Additions	792	-	-	792
At 4 October 2025	15,810	272,482	103,562	391,854
Depreciation
At 5 October 2024	10,142	217,986	93,393	321,521
Charge for the year	3,372	54,496	2,632	60,500
At 4 October 2025	13,514	272,482	96,025	382,021
Carrying amount
At 4 October 2025	2,296	-	7,537	9,833
At 4 October 2024	4,876	54,496	10,169	69,541

6

Stocks

	2025 £	2024 £
Finished goods and goods for resale	33,000	33,000

Impresa Corporation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 4 October 2025

7

Debtors

Current	2025 £	2024 £
Trade debtors	20,246	18,431
Prepayments	6,714	5,354
Other debtors	155,425	155,425
	182,385	179,210

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	25,284	28,551
Trade creditors		55,385	46,565
Taxation and social security		9,611	16,793
Accruals and deferred income		14,368	14,157
Other creditors		1,991	2,829
		106,639	108,895

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of 2025 - £25,284 (2024 - £28,551).

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	14,384	10,506
HP and finance lease liabilities	10,900	18,045
	25,284	28,551

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	141,891	163,908

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of 2025 - £141,891 (2024 - £163,908)

Impresa Corporation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 4 October 2025

9	Loans and borrowings

	2025 £	2024 £
Non-current loans and borrowings
Bank borrowings	108,283	81,072
Hire purchase contracts	33,608	82,836
	141,891	163,908

	2025 £	2024 £
Current loans and borrowings
Bank borrowings	14,384	10,506
Hire purchase contracts	10,900	18,045
	25,284	28,551