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REGISTERED NUMBER: 11152567 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 January 2024

for

Imperial-Plasterworks Ltd

Imperial-Plasterworks Ltd (Registered number: 11152567)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Imperial-Plasterworks Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mr D T A Churchman
Mr D P Wood





REGISTERED OFFICE: Bms Uk Accountants Inc Ajay & Co Unit 9
57 River Road
Barking
Essex
IG11 0DA





REGISTERED NUMBER: 11152567 (England and Wales)





ACCOUNTANTS: BSM (U.K) Accountants Ltd
Unit 9 Creekmouth Industrial Estate
57 River Road
Barking
Essex
IG11 0DA

Imperial-Plasterworks Ltd (Registered number: 11152567)

Report of the Directors
for the Year Ended 31 January 2024

The directors present their report with the financial statements of the company for the year ended 31 January 2024.

INCORPORATION
The company was incorporated on 16 January 2018 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 February 2023 to the date of this report.

Mr D T A Churchman
Mr D P Wood

Both the directors, being eligible, offer themselves for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr D T A Churchman - Director


9 February 2024

Imperial-Plasterworks Ltd (Registered number: 11152567)

Income Statement
for the Year Ended 31 January 2024

Notes £   

TURNOVER 191,662

Cost of sales 80,487
GROSS PROFIT 111,175

Administrative expenses 95,915
OPERATING PROFIT 4 15,260

Interest receivable and similar income 5
PROFIT BEFORE TAXATION 15,265

Tax on profit -
PROFIT FOR THE FINANCIAL YEAR 15,265

Imperial-Plasterworks Ltd (Registered number: 11152567)

Balance Sheet
31 January 2024

Notes £    £   
FIXED ASSETS
Tangible assets 5 6,381

CURRENT ASSETS
Debtors 6 27,764
Cash at bank 21,363
49,127
CREDITORS
Amounts falling due within one year 7 23,840
NET CURRENT ASSETS 25,287
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,668

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 31,568
SHAREHOLDERS' FUNDS 31,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by:





Mr D T A Churchman - Director


Imperial-Plasterworks Ltd (Registered number: 11152567)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Imperial-Plasterworks Ltd 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.

Taxation
Taxation for the year comprises current and deferred 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 or deferred taxation assets and liabilities are not discounted.

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4. OPERATING PROFIT

The operating profit is stated after charging:

£   
Depreciation - owned assets 1,400

Imperial-Plasterworks Ltd (Registered number: 11152567)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 7,781
DEPRECIATION
Charge for year 1,400
At 31 January 2024 1,400
NET BOOK VALUE
At 31 January 2024 6,381
At 31 January 2023 7,781

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 27,764

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1
Taxation and social security 4,321
Other creditors 19,518
23,840