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Company Registration No. 12965234 (England and Wales)
The Industrial Mandate Limited Unaudited accounts for the year ended 31 July 2023
The Industrial Mandate Limited Unaudited accounts Contents
Page
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The Industrial Mandate Limited Company Information for the year ended 31 July 2023
Directors
Matthew James Kenny Michael Vincent Blakey Andrew Keith Bennett
Company Number
12965234 (England and Wales)
Registered Office
Unit 16H Follingsby Avenue Follingsby Industrial Estate Gateshead Tyne & Wear NE10 8YF United Kingdom
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The Industrial Mandate Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
10,880,917 
10,659,878 
Investments
100,402 
100,002 
10,981,319 
10,759,880 
Creditors: amounts falling due within one year
(2,538,100)
(2,431,296)
Net current liabilities
(2,538,100)
(2,431,296)
Total assets less current liabilities
8,443,219 
8,328,584 
Creditors: amounts falling due after more than one year
(1,163,018)
(1,047,016)
Net assets
7,280,201 
7,281,568 
Capital and reserves
Called up share capital
20,100 
20,100 
Profit and loss account
7,260,101 
7,261,468 
Shareholders' funds
7,280,201 
7,281,568 
For the year ending 31 July 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 2 February 2024 and were signed on its behalf by
Michael Vincent Blakey Director Company Registration No. 12965234
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The Industrial Mandate Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
The Industrial Mandate Limited is a private company, limited by shares, registered in England and Wales, registration number 12965234. The registered office is Unit 16H Follingsby Avenue, Follingsby Industrial Estate, Gateshead, Tyne & Wear, NE10 8YF, 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Investments
Investments in shares are included at fair value.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2022
10,659,878 
Additions
221,039 
At 31 July 2023
10,880,917 
Amortisation
At 1 August 2022
- 
At 31 July 2023
- 
Net book value
At 31 July 2023
10,880,917 
At 31 July 2022
10,659,878 
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The Industrial Mandate Limited Notes to the Accounts for the year ended 31 July 2023
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 August 2022
100,002 
Additions
400 
Valuation at 31 July 2023
100,402 
The investment is for the 100% ordinary share capital of a wholly owned subsidiary DP Fasteners Limited
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
2,382,196 
2,274,896 
Loans from directors
155,904 
156,400 
2,538,100 
2,431,296 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
1,163,018 
1,047,016 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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