1 April 2023 false No description of principal activity Taxfiler 2024.6 08304378business:PrivateLimitedCompanyLtd2023-04-012024-03-31 083043782023-03-31 083043782023-04-012024-03-31 08304378business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 08304378business:FilletedAccounts2023-04-012024-03-31 083043782024-03-31 08304378business:Director12023-04-012024-03-31 08304378business:Director22023-04-012024-03-31 08304378business:Director32023-04-012024-03-31 08304378business:Director42023-04-012024-03-31 083043782023-03-31 08304378core:WithinOneYear2024-03-31 08304378core:WithinOneYear2023-03-31 08304378core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08304378core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08304378core:SharePremiumcore:PreviouslyStatedAmount2024-03-31 08304378core:SharePremiumcore:PreviouslyStatedAmount2023-03-31 08304378core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08304378core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08304378core:PreviouslyStatedAmount2024-03-31 08304378core:PreviouslyStatedAmount2023-03-31 08304378business:SmallEntities2023-04-012024-03-31 08304378countries:EnglandWales2023-04-012024-03-31 08304378core:AdditionsToInvestments2024-03-31 083043782022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08304378 (England and Wales)
International Market Management Ltd Unaudited accounts for the year ended 31 March 2024
International Market Management Ltd Unaudited accounts Contents
Page
- 2 -
International Market Management Ltd Company Information for the year ended 31 March 2024
Directors
Mr D W A Loyd Mr J T Reid Mr D C Stewart Lady K L Alvingham
Company Number
08304378 (England and Wales)
- 3 -
International Market Management Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
10,490,861 
6,665,861 
Current assets
Debtors
13,567 
74 
Cash at bank and in hand
288,517 
104,432 
302,084 
104,506 
Creditors: amounts falling due within one year
(2,449)
(3,013)
Net current assets
299,635 
101,493 
Net assets
10,790,496 
6,767,354 
Capital and reserves
Called up share capital
12 
12 
Share premium
14,189,559 
10,008,372 
Profit and loss account
(3,399,075)
(3,241,030)
Shareholders' funds
10,790,496 
6,767,354 
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 11 November 2024 and were signed on its behalf by
Mr D C Stewart Director Company Registration No. 08304378
- 4 -
International Market Management Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
International Market Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 08304378.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Consolidation
In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided be Section 398 of the Companies Act 2006 not to prepare group accounts.
Investments
Investments in subsidiaries are measured at cost less accumulated impairment
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
6,665,861 
Additions
3,825,000 
Valuation at 31 March 2024
10,490,861 
- 5 -
International Market Management Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
13,429 
- 
Other debtors
138 
74 
13,567 
74 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
74 
103 
Amounts owed to group undertakings and other participating interests
- 
2,910 
Accruals
2,375 
- 
2,449 
3,013 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -