Company Registration No. 06520758 (England and Wales)
Association for Interactive Media and Micropayments Ltd
Unaudited accounts
for the year ended 31 March 2023
Association for Interactive Media and Micropayments Ltd
Unaudited accounts
Contents
Association for Interactive Media and Micropayments Ltd
Company Information
for the year ended 31 March 2023
Directors
Toby Padgham
Neil Johnson
Company Number
06520758 (England and Wales)
Registered Office
THE GRANARY
1 WAVERLEY LANE
FARNHAM
SURREY
GU9 8BB
ENGLAND
Accountants
Warwick McArdle
55 Ellerton Road
London
SW18 3NQ
Association for Interactive Media and Micropayments Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
94,801
112,095
Creditors: amounts falling due within one year
(29,224)
(36,751)
Net current assets
76,320
84,413
Total assets less current liabilities
76,320
84,413
Creditors: amounts falling due after more than one year
(90,403)
(90,403)
Net liabilities
(14,083)
(5,990)
Profit and loss account
(14,083)
(5,990)
Members' funds
(14,083)
(5,990)
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Neil Johnson
Director
Company Registration No. 06520758
Association for Interactive Media and Micropayments Ltd
Notes to the Accounts
for the year ended 31 March 2023
Association for Interactive Media and Micropayments Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 06520758. The registered office is THE GRANARY, 1 WAVERLEY LANE, FARNHAM, SURREY, GU9 8BB, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 years straight line
Computer equipment
3 years straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
2,483
7,621
10,104
At 31 March 2023
2,483
7,621
10,104
At 1 April 2022
2,483
7,621
10,104
At 31 March 2023
2,483
7,621
10,104
Association for Interactive Media and Micropayments Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
22,799
30,050
Deferred income
5,875
6,150
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
90,403
90,403
8
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).