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Registered number: 11622065
Imperiet Developments Ltd
Unaudited Financial Statements
For the Period 1 November 2024 to 31 March 2026
LK & Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11622065
31 March 2026 31 October 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,729 773
2,729 773
CURRENT ASSETS
Debtors 5 37,101 33,489
Cash at bank and in hand 71,992 12,616
109,093 46,105
Creditors: Amounts Falling Due Within One Year 6 (86,384 ) (37,055 )
NET CURRENT ASSETS (LIABILITIES) 22,709 9,050
TOTAL ASSETS LESS CURRENT LIABILITIES 25,438 9,823
PROVISIONS FOR LIABILITIES
Deferred Taxation (372 ) -
NET ASSETS 25,066 9,823
CAPITAL AND RESERVES
Called up share capital 7 200 200
Profit and Loss Account 24,866 9,623
SHAREHOLDERS' FUNDS 25,066 9,823
Page 1
Page 2
For the period ending 31 March 2026 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
M B McKeown
Director
11/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Imperiet Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11622065 . The registered office is Annecy Court, Ferry Works, Summer Road, Thames Ditton, Surrey, KT7 0QJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The current period is longer than twelve months and as such the prior year figures are not directly comparable.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 33% on cost
Computer Equipment 33% on cost
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.4. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.5. Operating Leases
Amounts paid under operating leases are charged to the profit or loss account on a straight line basis over the period of the lease.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2024 390 4,302 4,692
Additions 316 2,744 3,060
As at 31 March 2026 706 7,046 7,752
Depreciation
As at 1 November 2024 342 3,577 3,919
Provided during the period 91 1,013 1,104
As at 31 March 2026 433 4,590 5,023
Net Book Value
As at 31 March 2026 273 2,456 2,729
As at 1 November 2024 48 725 773
Page 4
Page 5
5. Debtors
31 March 2026 31 October 2024
£ £
Due within one year
Trade debtors - 18,264
Other debtors 37,101 15,225
37,101 33,489
6. Creditors: Amounts Falling Due Within One Year
31 March 2026 31 October 2024
£ £
Other creditors 22,902 1,860
Taxation and social security 63,482 35,195
86,384 37,055
7. Share Capital
31 March 2026 31 October 2024
£ £
Allotted, Called up and fully paid 200 200
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 March 2026 31 October 2024
£ £
Not later than one year 16,425 -
Later than one year and not later than five years 31,338 -
47,763 -
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