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REGISTERED NUMBER: 06864544 (England and Wales)



Financial Statements for the Year Ended 31 March 2023

for

Imexgrow Limited

Imexgrow Limited (Registered number: 06864544)

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










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Imexgrow Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: T M Muthukumar





REGISTERED OFFICE: 1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ





REGISTERED NUMBER: 06864544 (England and Wales)





ACCOUNTANTS: BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

Imexgrow Limited (Registered number: 06864544)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,467 11,833

CURRENT ASSETS
Debtors 5 8,887 15,150
Cash at bank and in hand 650 1,547
9,537 16,697
CREDITORS
Amounts falling due within one year 6 (11,057 ) (15,683 )
NET CURRENT (LIABILITIES)/ASSETS (1,520 ) 1,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,947

12,847

CREDITORS
Amounts falling due after more than one year 7 (9,500 ) (12,500 )
NET (LIABILITIES)/ASSETS (1,553 ) 347

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 (1,653 ) 247
SHAREHOLDERS' FUNDS (1,553 ) 347

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.

Imexgrow Limited (Registered number: 06864544)

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:





T M Muthukumar - Director


Imexgrow Limited (Registered number: 06864544)

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


1. STATUTORY INFORMATION

Imexgrow 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.
Fixtures and fittings - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 21,269 2,225 23,494
DEPRECIATION
At 1 April 2022 10,527 1,134 11,661
Charge for year 2,148 218 2,366
At 31 March 2023 12,675 1,352 14,027
NET BOOK VALUE
At 31 March 2023 8,594 873 9,467
At 31 March 2022 10,742 1,091 11,833

Imexgrow Limited (Registered number: 06864544)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 3,850 15,150
Directors' current accounts 5,037 -
8,887 15,150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts (see note 8) 2,943 4,114
Tax 7,754 9,224
Directors' current accounts - 316
Accrued expenses 360 360
Salary Control - 1,669
11,057 15,683

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other loans (see note 8) 9,500 12,500

8. LOANS

An analysis of the maturity of loans is given below:

31.3.23 31.3.22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 2,943 4,114

Amounts falling due between two and five years:
Bounceback Loan 9,500 12,500

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinay £1 100 100

Imexgrow Limited (Registered number: 06864544)

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


10. RESERVES
Retained
earnings
£   

At 1 April 2022 247
Profit for the year 30,100
Dividends (32,000 )
At 31 March 2023 (1,653 )