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REGISTERED NUMBER: 06524592 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Informanagement Uk Limited

Informanagement Uk Limited (Registered number: 06524592)






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


Informanagement Uk Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: R N Huijzer
J L Wanders





SECRETARY: R N Huijzer





REGISTERED OFFICE: Highbridge House
Oxford Road 93 - 96
Uxbridge
UB8 1LU





REGISTERED NUMBER: 06524592 (England and Wales)





ACCOUNTANTS: Ledger Sparks Limited
Airport House
Suite 43-45
Purley Way
Croydon
CR0 0XZ

Informanagement Uk Limited (Registered number: 06524592)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 487,000
Tangible assets 5 10,750 800
Investments 6 500 500
11,250 488,300

CURRENT ASSETS
Debtors 7 205,417 124,633
Cash at bank and in hand 14,129 141,392
219,546 266,025
CREDITORS
Amounts falling due within one year 8 (166,550 ) (277,108 )
NET CURRENT ASSETS/(LIABILITIES) 52,996 (11,083 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,246

477,217

PROVISIONS FOR LIABILITIES 10 (2,042 ) -
NET ASSETS 62,204 477,217

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 61,204 476,217
62,204 477,217

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 directors acknowledge their 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.

Informanagement Uk Limited (Registered number: 06524592)

Balance Sheet - continued
31 December 2023


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 Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:





J L Wanders - Director


Informanagement Uk Limited (Registered number: 06524592)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Informanagement Uk 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company continued to be that of design, web and database development.

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 represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life.

TANGIBLE FIXED ASSETS
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment25% on reducing balance
Furniture & Fixtures25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

FINANCIAL INSTRUMENTS
The company only enters into basic financial transactions that result in recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from bank and other third parties, loans to related parties and investments in non-puttable ordinary shares.


Informanagement Uk Limited (Registered number: 06524592)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
TAXATION
The tax expense represents the sum of the tax currently payable and deferred tax.

CURRENT TAX
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

DEFERRED TAX
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

FOREIGN EXCHANGE
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation are included in the profit and loss account for the period.

PENSION
DEFINED CONTRIBUTION PENSION PLAN
The Company operates a defined contribution pension plan for its employees. A defined contribution pension plan is a plan under which the Company pays fixed contributions into separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of income and retained earning when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the company are held separately from the Company in an independently administered fund.

GOING CONCERN
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

PROVISIONS FOR LIABILITIES
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the statement of income and retained earnings in the year that the company becomes aware of the obligation and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in Balance sheet.

INVESTMENTS IN SUBSIDIARIES
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Informanagement Uk Limited (Registered number: 06524592)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 487,000
AMORTISATION
Amortisation Reclassification/ transfer 487,000
At 31 December 2023 487,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 487,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 4,459
Additions 11,420
At 31 December 2023 15,879
DEPRECIATION
At 1 January 2023 3,659
Charge for year 1,470
At 31 December 2023 5,129
NET BOOK VALUE
At 31 December 2023 10,750
At 31 December 2022 800

Informanagement Uk Limited (Registered number: 06524592)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. FIXED ASSET INVESTMENTS
UK
Taxworld
Shares
£   
COST
At 1 January 2023
and 31 December 2023 500
NET BOOK VALUE
At 31 December 2023 500
At 31 December 2022 500

The company's investments at the Balance Sheet date in the share capital of companies include the following:

UKTAXWORLD LIMITED
Registered office: Engaland
Nature of business: Consultancy Services
%
Class of shares: holding
Ordinary A 80.00
Ordinary B 20.00

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 137,772 119,966
Amounts owed by group undertakings 61,672 -
Other debtors 5,973 4,667
205,417 124,633

The director considers the carrying value of trade and other receivables approximate to their fair values.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 10,405 14,398
Amounts owed to group undertakings - 115,197
Taxation and social security 44,496 61,208
Other creditors 111,649 86,305
166,550 277,108

The director considers the carrying amounts of current liabilities approximate to their fair values.

Informanagement Uk Limited (Registered number: 06524592)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 19,658 -
Between one and five years 142,144 -
161,802 -

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 2,042 -

Deferred
tax
£   
Provided during year 2,042
Balance at 31 December 2023 2,042

11. PENSION COMMITMENTS

The company operates a defined contribution pension scheme . The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable by the company to the fund and amounted to £5,214 (2022 - £4,585).

Contribution totalling £1,035 (2022 - Nil) were payable to fund at balance sheet date and are included in other creditors.

12. RELATED PARTY DISCLOSURES

At the balance sheet date included in other creditors were amounts due to the director of £8,538 (2022- £7,709).This loan is interest free and repayable on demand.

As at the balance sheet date included in debtors are amounts owed by group undertaking, Infromanagement Holding BV of £61,672 (2022 - £115,197 in other creditors).