IMPERIAL TIMBER MERCHANTS LTD

Company Registration Number:
09401448 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

IMPERIAL TIMBER MERCHANTS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

IMPERIAL TIMBER MERCHANTS LTD

Balance sheet

As at 31 October 2023


Notes

2023

11 months to 31 October 2022


£

£
Fixed assets
Intangible assets: 3 112,500 118,750
Tangible assets: 4 15,000 20,000
Total fixed assets: 127,500 138,750
Current assets
Stocks: 175,000 175,000
Debtors:   51,769 59,031
Cash at bank and in hand: 15,359 39,754
Total current assets: 242,128 273,785
Creditors: amounts falling due within one year:   (341,810) (375,086)
Net current assets (liabilities): (99,682) (101,301)
Total assets less current liabilities: 27,818 37,449
Total net assets (liabilities): 27,818 37,449
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 27,718 37,349
Shareholders funds: 27,818 37,449

The notes form part of these financial statements

IMPERIAL TIMBER MERCHANTS LTD

Balance sheet statements

For the year ending 31 October 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 29 July 2024
and signed on behalf of the board by:

Name: Mr G MURTAZA
Status: Director

The notes form part of these financial statements

IMPERIAL TIMBER MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 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

IMPERIAL TIMBER MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 11 months to 31 October 2022
Average number of employees during the period 7 7

IMPERIAL TIMBER MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 125,000
At 31 October 2023 125,000
Amortisation
At 01 November 2022 6,250
Charge for year 6,250
At 31 October 2023 12,500
Net book value
At 31 October 2023 112,500
At 31 October 2022 118,750

IMPERIAL TIMBER MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 25,000
At 31 October 2023 25,000
Depreciation
At 01 November 2022 5,000
Charge for year 5,000
At 31 October 2023 10,000
Net book value
At 31 October 2023 15,000
At 31 October 2022 20,000