Accounts filed on 30-11-2015

Accounts filed on 30-11-2015

IMPACT FINANCE DIRECTOR LIMITED - Company Information

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IMPACT FINANCE DIRECTOR LIMITED

Company Registration Number:
07071046 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 December 2014

End date: 30 November 2015

IMPACT FINANCE DIRECTOR LIMITED

Abbreviated Balance sheet

As at 30 November 2015


Notes
2015
£
2014
£
Fixed assets
Tangible assets: 2 461 655
Total fixed assets: 461 655
Current assets
Debtors: 4,483 231
Cash at bank and in hand: 19,548 15,943
Total current assets: 24,031 16,174
Creditors: amounts falling due within one year: ( 1,905 ) ( 1,551 )
Net current assets (liabilities): 22,126 14,623
Total assets less current liabilities: 22,587 15,278
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 22,587 15,278

The notes form part of these financial statements

IMPACT FINANCE DIRECTOR LIMITED

Balance sheet continued

As at 30 November 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 3 100 100
Profit and loss account: 22,487 15,178
Shareholders funds: 22,587 15,278

For the year ending 30 November 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 03 March 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Alan Baker
Status: Director

Name: Heather Baker
Status: Director

The notes form part of these financial statements

IMPACT FINANCE DIRECTOR LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 November 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

    Computer Equipment – straight Line over 4 years

    Intangible fixed assets amortisation policy

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

    Valuation information and policy

    Stocks and work-in-progress 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 expenditure and an appropriate proportion of fixed and variable overheads.

IMPACT FINANCE DIRECTOR LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 November 2015

  • 2. Tangible assets

    Total
    Cost £
    01 December 2014: 775
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    30 November 2015: 775
    Depreciation
    01 December 2014: 120
    Charge for year: 194
    On disposals: 0
    Other adjustments: 0
    30 November 2015: 314
    Net book value
    30 November 2015: 461
    30 November 2014: 655

IMPACT FINANCE DIRECTOR LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 November 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 0.10 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 0.10 100
    Preference shares: 0
    Total share capital (£): 100