IMU Technology Ltd
Registered number: 13876831
Statement of Financial Position
as at 31 January 2023
Notes 2023
£
Current assets
Cash at bank and in hand 980
Creditors: amounts falling due within one year 3 (14,037)
Net current liabilities (13,057)
Net liabilities (13,057)
Capital and reserves
Called up share capital 100
Profit and loss account (13,157)
Shareholders' funds (13,057)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Lihua Mu
Director
Approved by the board on 26 October 2023
IMU Technology Ltd
Notes to the Accounts
for the period from 27 January 2022 to 31 January 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
Going concern
The company has ceased trading on 31 January 2023 and the financial statements have been prepared on a basis other than that of the going concern basis. Provisions have also been made in respect of contracts which have become onerous at the reporting date. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.
Debtors
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees and directors 2023
Number
Average number of directors and persons employed by the company 1
3 Creditors: amounts falling due within one year 2023
£
Accruals 420
Other creditors 13,617
14,037
4 Other information
IMU Technology Ltd is a private company limited by shares and incorporated in England. Its registered office is:
269 Farnborough Road
Farnborough
Hampshire
GU14 7LY
IMU Technology Ltd 13876831 false 2022-01-27 2023-01-31 2023-01-31 VT Final Accounts April 2022 Lihua Mu No description of principal activity 13876831 2022-01-27 2023-01-31 13876831 bus:PrivateLimitedCompanyLtd 2022-01-27 2023-01-31 13876831 bus:AuditExemptWithAccountantsReport 2022-01-27 2023-01-31 13876831 bus:Director40 2022-01-27 2023-01-31 13876831 1 2022-01-27 2023-01-31 13876831 2 2022-01-27 2023-01-31 13876831 countries:England 2022-01-27 2023-01-31 13876831 bus:FRS102 2022-01-27 2023-01-31 13876831 bus:FullAccounts 2022-01-27 2023-01-31 13876831 2023-01-31 13876831 core:WithinOneYear 2023-01-31 13876831 core:ShareCapital 2023-01-31 13876831 core:RetainedEarningsAccumulatedLosses 2023-01-31 13876831 2022-01-26 iso4217:GBP xbrli:pure