Company Registration No. 12937072 (England and Wales)
Imperial Housing Solutions Ltd
Unaudited accounts
for the year ended 31 October 2023
Imperial Housing Solutions Ltd
Unaudited accounts
Contents
Imperial Housing Solutions Ltd
Company Information
for the year ended 31 October 2023
Directors
Oyekunle Adesola
Oyekunle Adesola
Company Number
12937072 (England and Wales)
Registered Office
29 COURT TREE DRIVE
EASTCHURCH
SHEERNESS
ME12 4TR
UNITED KINGDOM
Accountants
Andrew Bisiriyu, FCCA
MQSP Limited
Balata Way
Basingstoke
Hampshire
RG24 9YP
Imperial Housing Solutions Ltd
Statement of financial position
as at 31 October 2023
Investment property
113,212
113,212
Cash at bank and in hand
4,516
9,315
Creditors: amounts falling due within one year
(50,964)
(57,355)
Net current liabilities
(46,448)
(48,040)
Total assets less current liabilities
66,764
65,172
Creditors: amounts falling due after more than one year
(64,380)
(64,380)
Called up share capital
100
100
Profit and loss account
2,284
692
Shareholders' funds
2,384
792
For the year ending 31 October 2023 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 28 November 2024 and were signed on its behalf by
Oyekunle Adesola
Director
Company Registration No. 12937072
Imperial Housing Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2023
Imperial Housing Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12937072. The registered office is 29 COURT TREE DRIVE, EASTCHURCH, SHEERNESS, ME12 4TR, UNITED KINGDOM.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 November 2022
113,212
At 31 October 2023
113,212
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
603
843
Loans from directors
49,858
56,512
Imperial Housing Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).