Company Registration No. 05196974 (England and Wales)
Imli Limited
Unaudited accounts
for the year ended 31 March 2024
Imli Limited
Unaudited accounts
Contents
Imli Limited
Company Information
for the year ended 31 March 2024
Directors
Rahul Khanna
Fatehbir Singh Dhaliwal
Company Number
05196974 (England and Wales)
Registered Office
C/O Zaika Restaurant,
1 Kensington High Street
London
W8 5NP
Imli Limited
Statement of financial position
as at 31 March 2024
Tangible assets
226,513
244,972
Cash at bank and in hand
114,682
177,969
Creditors: amounts falling due within one year
(391,359)
(340,226)
Net current liabilities
(133,033)
(145,135)
Total assets less current liabilities
93,480
99,837
Creditors: amounts falling due after more than one year
(1,308,203)
(1,501,110)
Net liabilities
(1,214,723)
(1,401,273)
Called up share capital
1
1
Profit and loss account
(1,214,724)
(1,401,274)
Shareholders' funds
(1,214,723)
(1,401,273)
For the year ending 31 March 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by
Rahul Khanna
Director
Company Registration No. 05196974
Imli Limited
Notes to the Accounts
for the year ended 31 March 2024
Imli Limited is a private company, limited by shares, registered in England and Wales, registration number 05196974. The registered office is C/O Zaika Restaurant, , 1 Kensington High Street, London, W8 5NP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% on written down value basis
Plant & machinery
20% on written down value basis
Fixtures & fittings
20% on written down value basis
4
Tangible fixed assets
Fixtures & fittings
At 31 March 2024
1,309,601
Charge for the year
56,628
At 31 March 2024
1,083,088
Imli Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
29,390
7,286
Accrued income and prepayments
105,470
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
220,989
185,614
Taxes and social security
10,737
12,611
Other creditors
115,456
110,671
Other credits include net wages.
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,308,203
1,501,110
Other creditors include a loan taken group companies see Related Party disclosures.
8
Transactions with related parties
Name of related party Zaika Restaurant Limited
Relationship Group Company
Description of the transaction Loan Taken. No interest charged
Balance at 31-March-2024 £450,047 (£440,326 )
Name of related party Indian Cuisine Limited
Relationship Group Company
Description of the transaction Loan taken. No interest charged
Balance at 31-March-2024 £858,156 (£1,060,784 )
Immediate parent company is Tamarind Collection Ltd (CRN 08245498). Ultimate owner and controller of the business is Mr Rahul Khanna.
10
Average number of employees
During the year the average number of employees was 48 (2023: 50).