1 March 2022 false No description of principal activity Taxfiler 2023.10.1 10598840business:PrivateLimitedCompanyLtd2022-03-012023-02-28 105988402022-02-28 105988402022-03-012023-02-28 10598840business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 10598840business:FilletedAccounts2022-03-012023-02-28 105988402023-02-28 105988402022-02-28 10598840core:WithinOneYear2023-02-28 10598840core:WithinOneYear2022-02-28 10598840core:AfterOneYear2023-02-28 10598840core:AfterOneYear2022-02-28 10598840core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10598840core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 10598840core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10598840core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 10598840core:PreviouslyStatedAmount2023-02-28 10598840core:PreviouslyStatedAmount2022-02-28 10598840business:SmallEntities2022-03-012023-02-28 10598840business:Director12022-03-012023-02-28 10598840countries:EnglandWales2022-03-012023-02-28 10598840business:RegisteredOffice2022-03-012023-02-28 10598840core:PlantMachinery2022-03-012023-02-28 10598840core:MotorVehicles2022-03-012023-02-28 10598840core:ComputerEquipment2022-03-012023-02-28 10598840core:PlantMachinery2022-02-28 10598840core:MotorVehicles2022-02-28 10598840core:ComputerEquipment2022-02-28 10598840core:PlantMachinery2023-02-28 10598840core:MotorVehicles2023-02-28 10598840core:ComputerEquipment2023-02-28 105988402021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10598840 (England and Wales)
IMW LTD. Unaudited accounts for the year ended 28 February 2023
IMW LTD. Unaudited accounts Contents
Page
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IMW LTD. Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
46,167 
28,201 
Current assets
Debtors
127,749 
- 
Cash at bank and in hand
65,136 
161,001 
192,885 
161,001 
Creditors: amounts falling due within one year
(178,128)
(131,822)
Net current assets
14,757 
29,179 
Total assets less current liabilities
60,924 
57,380 
Creditors: amounts falling due after more than one year
(38,714)
(48,103)
Net assets
22,210 
9,277 
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
22,205 
9,272 
Shareholders' funds
22,210 
9,277 
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 27 November 2023 and were signed on its behalf by
Ireneusz Mariusz Wrona Director Company Registration No. 10598840
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IMW LTD. Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
IMW LTD. is a private company, limited by shares, registered in England and Wales, registration number 10598840. The registered office is 8 LONG BEECH DRIVE, FARNBOROUGH, GU14 0PR, UNITED KINGDOM.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Depreciation at 25% Reducing Balance
Motor vehicles
Depreciation at 20% Reducing Balance
Computer equipment
Depreciation at 25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
1,272 
42,386 
5,724 
49,382 
Additions
1,056 
20,995 
4,636 
26,687 
At 28 February 2023
2,328 
63,381 
10,360 
76,069 
Depreciation
At 1 March 2022
362 
18,775 
2,044 
21,181 
Charge for the year
604 
7,149 
968 
8,721 
At 28 February 2023
966 
25,924 
3,012 
29,902 
Net book value
At 28 February 2023
1,362 
37,457 
7,348 
46,167 
At 28 February 2022
910 
23,611 
3,680 
28,201 
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IMW LTD. Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
121,056 
- 
Other debtors
6,693 
- 
127,749 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,856 
- 
VAT
96,119 
24,109 
Trade creditors
4,928 
8,547 
Taxes and social security
55,316 
17,272 
Other creditors
12,959 
61,098 
Loans from directors
- 
20,796 
Accruals
3,950 
- 
178,128 
131,822 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
38,714 
48,103 
8
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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