Company Registration No. 05793895 (England and Wales)
Impellity Ltd
Unaudited accounts
for the year ended 31 December 2022
Impellity Ltd
Unaudited accounts
Contents
Impellity Ltd
Company Information
for the year ended 31 December 2022
Company Number
05793895 (England and Wales)
Registered Office
1 Vine Street
Mayfair
London
W1J 0AH
Accountants
Forest Edge Accountancy
2 Appletree Close
Redlynch
Salisbury
Wiltshire
SP5 2JG
Impellity Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
23,061
38,056
Cash at bank and in hand
-
32,745
Creditors: amounts falling due within one year
(412,712)
(400,803)
Net current liabilities
(252,548)
(265,183)
Total assets less current liabilities
(229,487)
(226,727)
Creditors: amounts falling due after more than one year
(78,750)
(50,000)
Net liabilities
(308,237)
(276,727)
Called up share capital
100
100
Profit and loss account
(308,337)
(276,827)
Shareholders' funds
(308,237)
(276,727)
For the year ending 31 December 2022 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2023 and were signed on its behalf by
Mr Kent Mosbech
Director
Company Registration No. 05793895
Impellity Ltd
Notes to the Accounts
for the year ended 31 December 2022
Impellity Ltd is a private company, limited by shares, registered in England and Wales, registration number 05793895. The registered office is 1 Vine Street, Mayfair, London, W1J 0AH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
5 year straight line
Fixtures & fittings
3 year straight line
Computer equipment
3 year straight line
These accounts have been prepared on a going concern basis, supported by forthcoming developments and advancements.
Investments in shares are included at fair value.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
52,141
19,715
71,856
At 31 December 2022
52,141
20,608
72,749
At 1 January 2022
20,856
12,944
33,800
Charge for the year
10,428
5,460
15,888
At 31 December 2022
31,284
18,404
49,688
At 31 December 2022
20,857
2,204
23,061
At 31 December 2021
31,285
6,771
38,056
Impellity Ltd
Notes to the Accounts
for the year ended 31 December 2022
5
Investments
Other investments
Valuation at 1 January 2022
400
Valuation at 31 December 2022
-
Amounts falling due within one year
Trade debtors
132,199
80,954
Amounts due from group undertakings etc.
8,812
6,255
Accrued income and prepayments
3,550
538
Other debtors
15,603
15,128
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
1,873
-
Trade creditors
4,207
11,298
Amounts owed to group undertakings and other participating interests
332,889
324,000
Taxes and social security
113,593
105,505
Loans from directors
(39,850)
(40,000)
8
Creditors: amounts falling due after more than one year
2022
2021
9
Average number of employees
During the year the average number of employees was 1 (2021: 0).
