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REGISTERED NUMBER: 03863920 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2023

FOR

IMARI ENTERTAINMENT LIMITED

IMARI ENTERTAINMENT LIMITED (REGISTERED NUMBER: 03863920)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


IMARI ENTERTAINMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTOR: Mr J N Fowke





SECRETARY: Mrs M P Fowke





REGISTERED OFFICE: 35 Seeleys Road
Beaconsfield
Bucks
HP9 1SZ





REGISTERED NUMBER: 03863920 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

IMARI ENTERTAINMENT LIMITED (REGISTERED NUMBER: 03863920)

BALANCE SHEET
31ST OCTOBER 2023

31.10.23 31.10.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 2,542 4,661

CURRENT ASSETS
Debtors 5 60 60
Cash at bank 773 2,536
833 2,596
CREDITORS
Amounts falling due within one year 6 192,237 185,464
NET CURRENT LIABILITIES (191,404 ) (182,868 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(188,862

)

(178,207

)

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings (188,866 ) (178,211 )
(188,862 ) (178,207 )

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

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

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 17th April 2024 and were signed by:





Mr J N Fowke - Director


IMARI ENTERTAINMENT LIMITED (REGISTERED NUMBER: 03863920)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023

1. STATUTORY INFORMATION

Imari Entertainment 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 recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown at its gross value including VAT and other sales related taxes. The fair value of consideration takes into account trade discounts.

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 etc - 25% on reducing balance

Going concern
The financial statements have been prepared on a going concern basis even though at the balances sheet date, the company had net current liabilities of £191,404 (2022: £182,868).

The director considers the going concern basis to be appropriate because in his opinion, the company will continue to obtain sufficient funding to enable it to pay its debts as they fall due and also will receive continuing support from the director.

If the company were unable to obtain such funding, it would be unable to continue trading and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1st November 2022 28,362
Disposals (1,302 )
At 31st October 2023 27,060
DEPRECIATION
At 1st November 2022 23,701
Charge for year 847
Eliminated on disposal (30 )
At 31st October 2023 24,518
NET BOOK VALUE
At 31st October 2023 2,542
At 31st October 2022 4,661

IMARI ENTERTAINMENT LIMITED (REGISTERED NUMBER: 03863920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£ £
Other debtors 60 60

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£ £
Trade creditors 64 35
Other creditors 192,173 185,429
192,237 185,464

7. RELATED PARTY DISCLOSURES

Included within other creditors is £170,015 (2022: £163,333) owed to the director as at the balance sheet date.