Registered number
Impact Business Advisory Ltd
Abbreviated Accounts
31 March 2013
Impact Business Advisory Ltd
Registered number: 07978001
Abbreviated Balance Sheet
as at 31 March 2013
Notes 2013
Fixed assets
Tangible assets 2 1,393
Current assets
Debtors 6,762
Cash at bank and in hand 6,103
Creditors: amounts falling due within one year (6,434)
Net current assets 6,431
Total assets less current liabilities 7,824
Provisions for liabilities (279)
Net assets 6,807
Capital and reserves
Called up share capital 3 1
Profit and loss account 6,806
Shareholders' funds 6,807
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Andreas Ullsten
Approved by the board on 3 December 2013
Impact Business Advisory Ltd
Notes to the Abbreviated Accounts
for the period ended 31 March 2013
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% straight line
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.
2 Tangible fixed assets £
Additions 1,857
At 31 March 2013 1,857
Charge for the period 464
At 31 March 2013 464
Net book value
At 31 March 2013 1,393
3 Share capital Nominal 2013 2013
value Number £
Allotted, called up and fully paid:
Ordinary shares £1 each 1 1
Nominal Number Amount
value £
Shares issued during the period:
Ordinary shares £1 each 1 1
4 Loans with director B/fwd Paid Repaid C/fwd
Description and conditions £ £ £ £
Andreas Ullsten - 27,000 27,738 -738
Director's loan account
The loan is interest free and repayable on demand
5 Ultimate controlling party
The ultimate controlling party is Andreas Ullsten by virtue of his 100% control of the ordinary share capital.
Impact Business Advisory Ltd 07978001 false true 2012-03-06 2013-03-31 2013-03-31 Andreas Ullsten 07978001 2012-03-06 2013-03-31 07978001 uk-bus:Director40 2012-03-06 2013-03-31 07978001 uk-gaap:PlantMachinery 2012-03-06 2013-03-31 07978001 uk-bus:OrdinaryShareClass1 2012-03-06 2013-03-31 07978001 2013-03-31 07978001 uk-bus:OrdinaryShareClass1 2013-03-31 07978001 2012-03-05 iso4217:GBP xbrli:shares



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