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REGISTERED NUMBER: 08812364 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 March 2023

for

IMAGINE BUSHEY LTD

IMAGINE BUSHEY LTD (REGISTERED NUMBER: 08812364)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

IMAGINE BUSHEY LTD

Company Information
for the year ended 31 March 2023







DIRECTOR: M D Cole





SECRETARY: Springfield Secretaries Limited





REGISTERED OFFICE: Block B 26 Wilmington close
Watford
Hertfordshire
WD18 0FQ





REGISTERED NUMBER: 08812364 (England and Wales)





ACCOUNTANTS: Trevor Jones & Partners Ltd
Springfield House
99/101 Crossbrook Street
Cheshunt
Waltham Cross
Hertfordshire
EN8 8JR

IMAGINE BUSHEY LTD (REGISTERED NUMBER: 08812364)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 450,700 450,700
450,700 450,700

CURRENT ASSETS
Debtors 6 12,458 -
Cash at bank 10,892 18,818
23,350 18,818
CREDITORS
Amounts falling due within one year 7 5,773 8,176
NET CURRENT ASSETS 17,577 10,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

468,277

461,342

CREDITORS
Amounts falling due after more than one
year

8

231,588

249,245
NET ASSETS 236,689 212,097

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 236,686 212,094
SHAREHOLDERS' FUNDS 236,689 212,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

IMAGINE BUSHEY LTD (REGISTERED NUMBER: 08812364)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 18 October 2023 and were signed by:





M D Cole - Director


IMAGINE BUSHEY LTD (REGISTERED NUMBER: 08812364)

Notes to the Financial Statements
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Imagine Bushey Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover represents rent received.

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

IMAGINE BUSHEY LTD (REGISTERED NUMBER: 08812364)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 90,000
AMORTISATION
At 1 April 2022
and 31 March 2023 90,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Freehold Short Computer
property leasehold equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 450,700 39,128 14,556 504,384
DEPRECIATION
At 1 April 2022
and 31 March 2023 - 39,128 14,556 53,684
NET BOOK VALUE
At 31 March 2023 450,700 - - 450,700
At 31 March 2022 450,700 - - 450,700

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 12,458 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 5,773 8,176

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 174,187 191,844
Other creditors 57,401 57,401
231,588 249,245

IMAGINE BUSHEY LTD (REGISTERED NUMBER: 08812364)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 146,729 165,123

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mike cole.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Imagine Bushey Ltd

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Imagine Bushey Ltd for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Imagine Bushey Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Imagine Bushey Ltd and state those matters that we have agreed to state to the director of Imagine Bushey Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Imagine Bushey Ltd and its director for our work or for this report.

It is your duty to ensure that Imagine Bushey Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Imagine Bushey Ltd. You consider that Imagine Bushey Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Imagine Bushey Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Trevor Jones & Partners Ltd
Springfield House
99/101 Crossbrook Street
Cheshunt
Waltham Cross
Hertfordshire
EN8 8JR


18 October 2023