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REGISTERED NUMBER: 03860260 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

IMB Kitchen Installations Limited

IMB Kitchen Installations Limited (Registered number: 03860260)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


IMB Kitchen Installations Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr I M Bishop





SECRETARY: Mrs J Bishop





REGISTERED OFFICE: 15 Whylands Crescent
Worthing
West Sussex
BN13 3HQ





REGISTERED NUMBER: 03860260 (England and Wales)





ACCOUNTANTS: Taxify Ltd
33 Knightscroft Avenue
Rustington
West Sussex
BN16 2HW

IMB Kitchen Installations Limited (Registered number: 03860260)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,884 2,512

CURRENT ASSETS
Debtors 5 - 9,230
Cash at bank 8,807 3,672
8,807 12,902
CREDITORS
Amounts falling due within one year 6 5,669 2,530
NET CURRENT ASSETS 3,138 10,372
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,022

12,884

PROVISIONS FOR LIABILITIES - 11,908
NET ASSETS 5,022 976

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 5,018 972
SHAREHOLDERS' FUNDS 5,022 976

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 20 April 2024 and were signed by:





Mr I M Bishop - Director


IMB Kitchen Installations Limited (Registered number: 03860260)

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


1. STATUTORY INFORMATION

IMB Kitchen Installations 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 represents the value of goods and services provided, excluding value added tax.

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 - 3 years straight line
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity,

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 9,665 8,100 17,765
DEPRECIATION
At 1 November 2022 9,665 5,588 15,253
Charge for year - 628 628
At 31 October 2023 9,665 6,216 15,881
NET BOOK VALUE
At 31 October 2023 - 1,884 1,884
At 31 October 2022 - 2,512 2,512

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 9,230

IMB Kitchen Installations Limited (Registered number: 03860260)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 3,335 1,047
Other creditors 2,334 1,483
5,669 2,530

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
Mr I M Bishop
Balance outstanding at start of year 9,230 (81 )
Amounts advanced 33,726 20,005
Amounts repaid (43,588 ) (10,694 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (632 ) 9,230

During the year the director made advances to the company of £632 of which were not repaid at the year end. This amount is repayable on demand and interest free.