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REGISTERED NUMBER: 07057149 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

INDEX COMMUNICATIONS MEETING
SERVICES LIMITED

INDEX COMMUNICATIONS MEETING
SERVICES LIMITED (REGISTERED NUMBER: 07057149)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INDEX COMMUNICATIONS MEETING
SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: P Mainprice





REGISTERED OFFICE: Crown House
28 Winchester Road
Romsey
Hampshire
SO51 8AA





REGISTERED NUMBER: 07057149 (England and Wales)





ACCOUNTANTS: Romsey Accountants GDT Limited
First Floor Secure House
Lulworth Close
Chandler's Ford
Hampshire
SO53 3TL

INDEX COMMUNICATIONS MEETING
SERVICES LIMITED (REGISTERED NUMBER: 07057149)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 90,000 99,000
Tangible assets 5 218 290
Investments 6 25,000 25,000
115,218 124,290

CURRENT ASSETS
Debtors 7 630,987 478,009
Cash at bank 100,496 221,612
731,483 699,621
CREDITORS
Amounts falling due within one year 8 36,976 48,717
NET CURRENT ASSETS 694,507 650,904
TOTAL ASSETS LESS CURRENT
LIABILITIES

809,725

775,194

CREDITORS
Amounts falling due after more than one
year

9

35,831

39,789
NET ASSETS 773,894 735,405

INDEX COMMUNICATIONS MEETING
SERVICES LIMITED (REGISTERED NUMBER: 07057149)

BALANCE SHEET - continued
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 104 104
Other reserves 33,003 33,003
Retained earnings 740,787 702,298
773,894 735,405

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 6 September 2024 and were signed by:





P Mainprice - Director


INDEX COMMUNICATIONS MEETING
SERVICES LIMITED (REGISTERED NUMBER: 07057149)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Index Communications Meeting Services 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance

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.


INDEX COMMUNICATIONS MEETING
SERVICES LIMITED (REGISTERED NUMBER: 07057149)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
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 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 180,000
AMORTISATION
At 1 January 2023 81,000
Charge for year 9,000
At 31 December 2023 90,000
NET BOOK VALUE
At 31 December 2023 90,000
At 31 December 2022 99,000

INDEX COMMUNICATIONS MEETING
SERVICES LIMITED (REGISTERED NUMBER: 07057149)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2023
and 31 December 2023 6,645
DEPRECIATION
At 1 January 2023 6,355
Charge for year 72
At 31 December 2023 6,427
NET BOOK VALUE
At 31 December 2023 218
At 31 December 2022 290

6. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 January 2023
and 31 December 2023 25,000
NET BOOK VALUE
At 31 December 2023 25,000
At 31 December 2022 25,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 10,373 54,198
Other debtors 3,500 -
Other loans 297,359 345,677
Directors' current accounts 319,755 78,134
630,987 478,009

INDEX COMMUNICATIONS MEETING
SERVICES LIMITED (REGISTERED NUMBER: 07057149)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 8,418 14,428
Corporation tax 21,955 22,642
VAT 1,110 10,872
Other creditors 4,643 -
Accrued expenses 850 775
36,976 48,717

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans - 2-5 years 35,831 39,789

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.23 31.12.22
£    £   
P Mainprice
Balance outstanding at start of year 78,134 16,274
Amounts advanced 333,859 378,260
Amounts repaid (92,238 ) (316,400 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 319,755 78,134