IMEX SYSTEMS LIMITED

Company Registration Number:
NI016493 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

IMEX SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

IMEX SYSTEMS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 379,757 335,735
Total fixed assets: 379,757 335,735
Current assets
Stocks: 173,551 175,635
Debtors: 4 213,353 167,230
Cash at bank and in hand: 409,386 354,579
Total current assets: 796,290 697,444
Creditors: amounts falling due within one year:   (500,912) (405,062)
Net current assets (liabilities): 295,378 292,382
Total assets less current liabilities: 675,135 628,117
Total net assets (liabilities): 675,135 628,117
Capital and reserves
Called up share capital: 5,000 5,000
Profit and loss account: 670,135 623,117
Shareholders funds: 675,135 628,117

The notes form part of these financial statements

IMEX SYSTEMS LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 April 2024
and signed on behalf of the board by:

Name: Peter Niblock
Status: Director

The notes form part of these financial statements

IMEX SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IMEX SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 12 11

IMEX SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 635,260
Additions 132,033
Disposals (42,001)
At 31 July 2023 725,292
Depreciation
At 01 August 2022 299,525
Charge for year 58,348
On disposals (12,338)
At 31 July 2023 345,535
Net book value
At 31 July 2023 379,757
At 31 July 2022 335,735

IMEX SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

IMEX SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Related party transactions

Name of the related party: Imex Instruments Limited / Imex Holdings Limited
Relationship:
Related through common ownership and control
Description of the Transaction: Sales from IMEX Systems to IMEX Instruments during the year to 31st July 2023 of £1,111,316.Balance owed to IMEX Instruments at 31st July 2023 of £160,259.
£
Balance at 01 August 2022 164,381
Balance at 31 July 2023 160,259