IMPACCT LIMITED - Accounts

IMPACCT LIMITED
Director's Report
For the year ended 31 December 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 31 December 2025

Principal activities

The companys principal activity during the year was that of event management.

Director

The director who served the company throughout the year was as follows:

Elizabeth PARRIS

Statement of director's responsibilities

The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.

----------------------------------
Elizabeth PARRIS
Director

Date approved: 22 June 2026

IMPACCT LIMITED
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	4,200	4,398
		4,200	4,398
Current assets
Stocks	5	373,739	772,665
Debtors	6	406,828	378,136
Cash at bank and in hand		788,256	715,561
		1,568,823	1,866,362
Creditors: amount falling due within one year	7	(1,449,449)	(1,814,354)
Net current assets		119,374	52,008

Total assets less current liabilities		123,574	56,406
Creditors: amount falling due after more than one year	8	0	(25,169)
Provisions for liabilities	9	(798)	(836)
Net assets		122,776	30,401

Capital and reserves
Called up share capital		100	25
Capital Redemption Reserve	10	50	50
Profit and loss account		122,626	30,326
Shareholders' funds		122,776	30,401

For the year ended 31 December 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 22 June 2026 and were signed by:

-------------------------------
Elizabeth PARRIS
Director

IMPACCT LIMITED
Statement of Changes in Equity
For the year ended 31 December 2025

	Equity share capital	Capital redemption reserve	Retained Earnings	Total
	£	£	£	£
At 01 January 2024	25	50	10,159	10,234
Profit/(Loss) for the year			30,167	30,167
Total comprehensive income for the year	-	-	30,167	30,167
Dividends			(10,000)	(10,000)
Total investments by and distributions to owners	-	-	(10,000)	(10,000)
At 31 December 2024	25	50	30,326	30,401
At 01 January 2025	25	50	30,326	30,401
Profit/(Loss) for the year			132,300	132,300
Total comprehensive income for the year	-	-	132,300	132,300
Dividends			(40,000)	(40,000)
Shares issued	75			75
Total investments by and distributions to owners	75	-	(40,000)	(39,925)
At 31 December 2025	100	50	122,626	122,776

IMPACCT LIMITED
Notes to the Financial Statements
For the year ended 31 December 2025

General Information

IMPACCT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07029392, registration address KINGS COURT BUSINESS CENTRE - 2ND FLOOR, LONDON ROAD, STEVENAGE, SG1 2NG.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer Equipment

33 Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 9 (2024 : 8).

Intangible fixed assets

Cost	Other	Total
	£	£
At 01 January 2025	1,444	1,444
Additions	-	-
Disposals	-	-
At 31 December 2025	1,444	1,444
Amortisation
At 01 January 2025	1,444	1,444
Charge for year	-	-
On disposals	-	-
At 31 December 2025	1,444	1,444
Net book values
At 31 December 2025	-	-
At 31 December 2024	-	-

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 January 2025	13,080	13,080
Additions	1,871	1,871
Disposals	-	-
At 31 December 2025	14,951	14,951
Depreciation
At 01 January 2025	8,682	8,682
Charge for year	2,069	2,069
On disposals	-	-
At 31 December 2025	10,751	10,751
Net book values
Closing balance as at 31 December 2025	4,200	4,200
Opening balance as at 01 January 2025	4,398	4,398

Stocks

	2025 £		2024 £
Work in Progress	373,739		772,665
	373,739		772,665

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	351,105	354,056
Prepayments & Accrued Income	3,563	2,704
Other Debtors	8,190	15,636
VAT	38,230	0
	401,088	372,396

Debtors: amounts falling due after one year

	2025 £		2024 £
Deposits paid	5,740		5,740
	5,740		5,740

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	31,794	28,108
Corporation Tax	44,153	8,206
PAYE & Social Security	12,896	12,330
Accrued Expenses	1,347,240	1,762,803
Other Creditors	10,755	207
Credit Card	2,611	1,731
VAT	0	969
	1,449,449	1,814,354

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bounce Back Loan	0		25,169
	0		25,169

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	798		836
	798		836

10.

Capital Redemption Reserve

	2025 £		2024 £
Capital Redemption Reserve b/fwd	50		50
	50		50

11.	Ultimate Controlling Party The company's ultimate controlling party is Ms Elizabeth Parris by virtue of her ownership of 100% of the issued share capital in the company.

Registered Number: 07029392
England and Wales
IMPACCT LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 January 2025 End date: 31 December 2025