Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 08770773 Mr Keith Barrett Mrs Wilhelmina Barrett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08770773 2022-11-30 08770773 2023-11-30 08770773 2022-12-01 2023-11-30 08770773 frs-core:CurrentFinancialInstruments 2023-11-30 08770773 frs-core:Non-currentFinancialInstruments 2023-11-30 08770773 frs-core:PlantMachinery 2023-11-30 08770773 frs-core:PlantMachinery 2022-12-01 2023-11-30 08770773 frs-core:PlantMachinery 2022-11-30 08770773 frs-core:ShareCapital 2023-11-30 08770773 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 08770773 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08770773 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 08770773 frs-bus:SmallEntities 2022-12-01 2023-11-30 08770773 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08770773 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 08770773 frs-bus:Director1 2022-12-01 2023-11-30 08770773 frs-bus:Director2 2022-12-01 2023-11-30 08770773 frs-countries:EnglandWales 2022-12-01 2023-11-30 08770773 2021-11-30 08770773 2022-11-30 08770773 2021-12-01 2022-11-30 08770773 frs-core:CurrentFinancialInstruments 2022-11-30 08770773 frs-core:Non-currentFinancialInstruments 2022-11-30 08770773 frs-core:ShareCapital 2022-11-30 08770773 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 08770773
IMAP Building & Maintenance UK Ltd
Financial Statements
For The Year Ended 30 November 2023
Denmark Forrester Limited
Chartered Accountant and Registered Auditor
Office 12 Bentalls Centre
Colchester Road
Maldon
Essex
CM9 4GD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08770773
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 4,500 4,500
Debtors 6 48,000 53,995
Cash at bank and in hand 1,460 3,260
53,960 61,755
Creditors: Amounts Falling Due Within One Year 7 (59,341 ) (40,818 )
NET CURRENT ASSETS (LIABILITIES) (5,381 ) 20,937
TOTAL ASSETS LESS CURRENT LIABILITIES (5,381 ) 20,937
Creditors: Amounts Falling Due After More Than One Year 8 (16,514 ) (26,612 )
NET LIABILITIES (21,895 ) (5,675 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (21,995 ) (5,775 )
SHAREHOLDERS' FUNDS (21,895) (5,675)
Page 1
Page 2
For the year ending 30 November 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Wilhelmina Barrett
Director
6th August 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
IMAP Building & Maintenance UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08770773 . The registered office is 6 Lawrence Road, Romford, RM2 5SS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
At the balance sheet date the company's liabilities exceeded its assets by a significant amount. The ability of the company to continue as a going concern is dependant on credit facilites provided by the company's bank. The directors consider that these facilities will remain in place for a period in excess of 12 months from the date of their report and, as such, believe the accounts should be prepared on a going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Straight Line
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 December 2022 382
Disposals (382 )
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 December 2022 382
Disposals (382 )
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 -
As at 1 December 2022 -
5. Stocks
2023 2022
£ £
Stock 4,500 4,500
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 48,000 53,022
VAT - 973
48,000 53,995
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 10,098 9,849
Other taxes and social security 13 -
VAT 1,494 -
Other creditors 4,843 5,264
Accruals and deferred income 5,100 4,800
Directors' loan accounts 37,793 20,905
59,341 40,818
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 16,514 26,612
Page 4
Page 5
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5