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REGISTERED NUMBER: 10387053 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

IMB Management Ltd

IMB Management Ltd (Registered number: 10387053)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IMB Management Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr I Beaumont
Mrs H Beaumont





REGISTERED OFFICE: Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW





REGISTERED NUMBER: 10387053 (England and Wales)





ACCOUNTANTS: Francis & Co
Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW

IMB Management Ltd (Registered number: 10387053)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 60,000 90,000
Tangible assets 5 401 -
60,401 90,000

CURRENT ASSETS
Debtors 6 98,164 153,082
Cash at bank 57,751 23,022
155,915 176,104
CREDITORS
Amounts falling due within one year 7 86,916 118,874
NET CURRENT ASSETS 68,999 57,230
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,400

147,230

CREDITORS
Amounts falling due after more than one
year

8

912

1,538
NET ASSETS 128,488 145,692

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 128,388 145,592
SHAREHOLDERS' FUNDS 128,488 145,692

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

IMB Management Ltd (Registered number: 10387053)

Balance Sheet - continued
30 September 2024


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:





Mr I Beaumont - Director


IMB Management Ltd (Registered number: 10387053)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

IMB Management Ltd 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 2016, is being amortised evenly over its estimated useful life of ten 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 etc - 33% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 300,000
AMORTISATION
At 1 October 2023 210,000
Charge for year 30,000
At 30 September 2024 240,000
NET BOOK VALUE
At 30 September 2024 60,000
At 30 September 2023 90,000

IMB Management Ltd (Registered number: 10387053)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 2,288
Additions 602
At 30 September 2024 2,890
DEPRECIATION
At 1 October 2023 2,288
Charge for year 201
At 30 September 2024 2,489
NET BOOK VALUE
At 30 September 2024 401

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 88,164 143,082
Other debtors 10,000 10,000
98,164 153,082

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 23,600 9,574
Taxation and social security 60,973 106,870
Other creditors 2,343 2,430
86,916 118,874

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Other creditors 912 1,538

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr I Beaumont.