Imaginative Property Group Limited - Accounts to registrar (filleted) - small 23.2.5
Imaginative Property Group Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Imaginative Property Group Limited |
| Unaudited Financial Statements |
| for the Period 1 January 2022 to 30 April 2023 |
| Imaginative Property Group Limited (Registered number: 08563469) |
| Contents of the Financial Statements |
| for the Period 1 January 2022 to 30 April 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Imaginative Property Group Limited |
| Company Information |
| for the Period 1 January 2022 to 30 April 2023 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| 7 Neptune Court |
| Vanguard Way |
| Cardiff |
| CF24 5PJ |
| Imaginative Property Group Limited (Registered number: 08563469) |
| Balance Sheet |
| 30 April 2023 |
| 2023 | 2021 |
| Notes | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Investment property | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| Net current assets/(liabilities) | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Imaginative Property Group Limited (Registered number: 08563469) |
| Notes to the Financial Statements |
| for the Period 1 January 2022 to 30 April 2023 |
| 1. | Statutory information |
| Imaginative Property Group Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 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 tax |
| 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 other future taxable profits. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | Employees and directors |
| The average number of employees during the period was |
| Imaginative Property Group Limited (Registered number: 08563469) |
| Notes to the Financial Statements - continued |
| for the Period 1 January 2022 to 30 April 2023 |
| 4. | Intangible fixed assets |
| Computer |
| software |
| £ |
| Cost |
| At 1 January 2022 |
| and 30 April 2023 |
| Net book value |
| At 30 April 2023 |
| At 31 December 2021 |
| 5. | Investment property |
| Total |
| £ |
| Fair value |
| At 1 January 2022 |
| Additions |
| At 30 April 2023 |
| Net book value |
| At 30 April 2023 |
| At 31 December 2021 |
| 6. | Debtors: amounts falling due within one year |
| 2023 | 2021 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Tax |
| Prepayments and accrued income |
| Accruals |
| 7. | Creditors: amounts falling due within one year |
| 2023 | 2021 |
| £ | £ |
| Other loans |
| Trade creditors |
| Tax |
| Other creditors | ( |
) | ( |
) |
| Directors' current accounts | 87,089 | 572 |
| Accruals and deferred income |
| 8. | Creditors: amounts falling due after more than one year |
| 2023 | 2021 |
| £ | £ |
| Other loans more 5yrs non-inst | 581,484 | 471,789 |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Other loans more 5yrs non-inst |