PTP Accounts Production v17.2.0.336 09450232 Board of Directors 1.3.17 28.2.18 28.2.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure094502322017-02-28094502322018-02-28094502322017-03-012018-02-28094502322016-02-29094502322016-03-012017-02-28094502322017-02-2809450232ns15:EnglandWales2017-03-012018-02-2809450232ns14:PoundSterling2017-03-012018-02-2809450232ns10:Director12017-03-012018-02-2809450232ns10:PrivateLimitedCompanyLtd2017-03-012018-02-2809450232ns10:SmallEntities2017-03-012018-02-2809450232ns10:AuditExemptWithAccountantsReport2017-03-012018-02-2809450232ns10:SmallCompaniesRegimeForDirectorsReport2017-03-012018-02-2809450232ns10:SmallCompaniesRegimeForAccounts2017-03-012018-02-2809450232ns10:FullAccounts2017-03-012018-02-2809450232ns10:Director22017-03-012018-02-2809450232ns10:Director32017-03-012018-02-2809450232ns10:Director42017-03-012018-02-2809450232ns10:RegisteredOffice2017-03-012018-02-2809450232ns5:CurrentFinancialInstruments2018-02-2809450232ns5:CurrentFinancialInstruments2017-02-2809450232ns5:ShareCapital2018-02-2809450232ns5:ShareCapital2017-02-2809450232ns5:RetainedEarningsAccumulatedLosses2018-02-2809450232ns5:RetainedEarningsAccumulatedLosses2017-02-2809450232ns5:PlantMachinery2017-02-2809450232ns5:ComputerEquipment2017-02-2809450232ns5:PlantMachinery2017-03-012018-02-2809450232ns5:ComputerEquipment2017-03-012018-02-2809450232ns5:PlantMachinery2018-02-2809450232ns5:ComputerEquipment2018-02-2809450232ns5:PlantMachinery2017-02-2809450232ns5:ComputerEquipment2017-02-2809450232ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-02-2809450232ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-02-28


REGISTERED NUMBER: 09450232 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2018

for

IMS Facades Limited

IMS Facades Limited (Registered number: 09450232)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

IMS Facades Limited

Company Information
for the Year Ended 28 February 2018







DIRECTORS: M Soderberg
S Mercer
Mrs L Soderberg
Mrs K Mercer





REGISTERED OFFICE: 34 Castle Street
Liverpool
L2 0NR





REGISTERED NUMBER: 09450232 (England and Wales)





ACCOUNTANTS: Fischer Crowne
Suite 3
34 Castle Street
Liverpool
L2 0NR

IMS Facades Limited (Registered number: 09450232)

Balance Sheet
28 February 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,362 4,848

CURRENT ASSETS
Stocks 295,753 199,770
Debtors 5 - 14,966
Cash at bank 208,788 28,520
504,541 243,256
CREDITORS
Amounts falling due within one year 6 362,429 166,349
NET CURRENT ASSETS 142,112 76,907
TOTAL ASSETS LESS CURRENT
LIABILITIES

187,474

81,755

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 187,374 81,655
SHAREHOLDERS' FUNDS 187,474 81,755

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 May 2018 and were signed on its behalf by:





S Mercer - Director


IMS Facades Limited (Registered number: 09450232)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

IMS Facades Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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 year was 4 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2017 3,833 3,213 7,046
Additions 50,213 1,642 51,855
At 28 February 2018 54,046 4,855 58,901
DEPRECIATION
At 1 March 2017 1,380 818 2,198
Charge for year 10,533 808 11,341
At 28 February 2018 11,913 1,626 13,539
NET BOOK VALUE
At 28 February 2018 42,133 3,229 45,362
At 28 February 2017 2,453 2,395 4,848

IMS Facades Limited (Registered number: 09450232)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Other debtors - 14,966

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade creditors 112,814 82,119
Taxation and social security 190,280 84,230
Other creditors 59,335 -
362,429 166,349

IMS Facades Limited

Report of the Accountants to the Directors of
IMS Facades Limited

The following reproduces the text of the report prepared for the directors and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Fischer Crowne
Suite 3
34 Castle Street
Liverpool
L2 0NR


15 May 2018