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REGISTERED NUMBER: 01812699 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 May 2023

for

IRM Bristol Limited

IRM Bristol Limited (Registered number: 01812699)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IRM Bristol Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: M C Caldecott
A P Caldecott





SECRETARY: Mrs O E A Caldecott





REGISTERED OFFICE: Unit 1 & 2 Armstrong Court
Armstrong Way
Yate
Bristol
BS37 5NG





REGISTERED NUMBER: 01812699 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

IRM Bristol Limited (Registered number: 01812699)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 88,060 110,157

CURRENT ASSETS
Stocks 293,226 305,117
Debtors 5 672,398 641,145
Investments 6 9,876 9,876
Cash at bank and in hand 250,229 255,644
1,225,729 1,211,782
CREDITORS
Amounts falling due within one year 7 505,039 527,723
NET CURRENT ASSETS 720,690 684,059
TOTAL ASSETS LESS CURRENT
LIABILITIES

808,750

794,216

CREDITORS
Amounts falling due after more than one year 8 (20,978 ) (30,615 )

PROVISIONS FOR LIABILITIES - (7,398 )
NET ASSETS 787,772 756,203

CAPITAL AND RESERVES
Called up share capital 41,204 41,204
Retained earnings 746,568 714,999
SHAREHOLDERS' FUNDS 787,772 756,203

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

IRM Bristol Limited (Registered number: 01812699)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 10 November 2023 and were signed on its behalf by:





M C Caldecott - Director


IRM Bristol Limited (Registered number: 01812699)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

IRM Bristol 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 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 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 18 ) .

IRM Bristol Limited (Registered number: 01812699)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2022 19,135 158,940 26,016 204,091
Additions 745 - - 745
Disposals - (28,750 ) - (28,750 )
At 31 May 2023 19,880 130,190 26,016 176,086
DEPRECIATION
At 1 June 2022 15,419 60,588 17,927 93,934
Charge for year 1,115 12,882 2,022 16,019
Eliminated on disposal - (21,927 ) - (21,927 )
At 31 May 2023 16,534 51,543 19,949 88,026
NET BOOK VALUE
At 31 May 2023 3,346 78,647 6,067 88,060
At 31 May 2022 3,716 98,352 8,089 110,157

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 365,425 346,855
Other debtors 5,651 3,983
371,076 350,838

Amounts falling due after more than one year:
Amounts owed by group undertakings 296,036 285,021
Other debtors 5,286 5,286
301,322 290,307

Aggregate amounts 672,398 641,145

6. CURRENT ASSET INVESTMENTS

Current Asset Investments consist of the cost of shareholdings in the following companies:

IRM Mobility Ltd £1,000
Little Birdbush Ltd £1,000
IRM Properties Ltd £7,876

IRM Bristol Limited (Registered number: 01812699)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,969 10,218
Trade creditors 413,202 405,734
Taxation and social security 70,305 73,158
Other creditors 11,563 38,613
505,039 527,723

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 20,978 30,615

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 42,919 45,955

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2023 and 31 May 2022:

2023 2022
£    £   
A P Caldecott
Balance outstanding at start of year (31,644 ) (40,103 )
Amounts advanced 27,000 22,468
Amounts repaid (4,800 ) (14,009 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (9,444 ) (31,644 )

M C Caldecott
Balance outstanding at start of year - 645
Amounts advanced 15,367 6,193
Amounts repaid (15,367 ) (6,838 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Loans to directors are unsecured and repayable on demand. Interest is charged at HMRC official rates of interest.

IRM Bristol Limited (Registered number: 01812699)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

11. RELATED PARTY DISCLOSURES

During the year the company received service charge income of £32,270 (2022 £35,441) from IRM Mobility Limited, a company which is a 100% subsidiary of IRM Bristol Limited.
The company paid rent of £12,000 (2022 £12,000), to IRM Properties Limited, a company under the control of M Caldecott, a director of IRM Bristol Limited.
The company paid rent of £27,710 (2022 £23,130) to AP Caldecott and OE Caldecott, a director and secretary respectively of the company.