1 March 2023 false No description of principal activity Taxfiler 2024.6 10598840business:PrivateLimitedCompanyLtd2023-03-012024-02-29 105988402023-02-28 105988402023-03-012024-02-29 10598840business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 10598840business:FilletedAccounts2023-03-012024-02-29 105988402024-02-29 105988402023-02-28 10598840core:WithinOneYear2024-02-29 10598840core:WithinOneYear2023-02-28 10598840core:AfterOneYear2024-02-29 10598840core:AfterOneYear2023-02-28 10598840core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10598840core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10598840core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10598840core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10598840core:PreviouslyStatedAmount2024-02-29 10598840core:PreviouslyStatedAmount2023-02-28 10598840business:SmallEntities2023-03-012024-02-29 10598840business:Director12023-03-012024-02-29 10598840countries:EnglandWales2023-03-012024-02-29 10598840business:RegisteredOffice2023-03-012024-02-29 10598840core:LandBuildings2023-03-012024-02-29 10598840core:PlantMachinery2023-03-012024-02-29 10598840core:MotorVehicles2023-03-012024-02-29 10598840core:ComputerEquipment2023-03-012024-02-29 10598840core:LandBuildings2023-02-28 10598840core:PlantMachinery2023-02-28 10598840core:MotorVehicles2023-02-28 10598840core:ComputerEquipment2023-02-28 10598840core:LandBuildings2024-02-29 10598840core:PlantMachinery2024-02-29 10598840core:MotorVehicles2024-02-29 10598840core:ComputerEquipment2024-02-29 105988402022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10598840 (England and Wales)
IMW LTD. Unaudited accounts for the year ended 29 February 2024
IMW LTD. Unaudited accounts Contents
Page
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IMW LTD. Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
80,344 
46,167 
Current assets
Debtors
120,958 
127,749 
Cash at bank and in hand
117,504 
65,136 
238,462 
192,885 
Creditors: amounts falling due within one year
(208,147)
(178,128)
Net current assets
30,315 
14,757 
Total assets less current liabilities
110,659 
60,924 
Creditors: amounts falling due after more than one year
(27,756)
(38,714)
Net assets
82,903 
22,210 
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
82,898 
22,205 
Shareholders' funds
82,903 
22,210 
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 25 November 2024 and were signed on its behalf by
Ireneusz Mariusz Wrona Director Company Registration No. 10598840
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IMW LTD. Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
IMW LTD. is a private company, limited by shares, registered in England and Wales, registration number 10598840. The registered office is 8 LONG BEECH DRIVE, FARNBOROUGH, GU14 0PR, 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.
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.
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
Depreciation at 25% Reducing Balance
Plant & machinery
Depreciation at 25% Reducing Balance
Motor vehicles
Depreciation at 20% Reducing Balance
Computer equipment
Depreciation at 25% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2023
- 
2,328 
63,381 
10,360 
76,069 
Additions
25,000 
6,471 
13,664 
2,597 
47,732 
At 29 February 2024
25,000 
8,799 
77,045 
12,957 
123,801 
Depreciation
At 1 March 2023
- 
966 
25,924 
3,012 
29,902 
Charge for the year
1,025 
1,073 
9,537 
1,920 
13,555 
At 29 February 2024
1,025 
2,039 
35,461 
4,932 
43,457 
Net book value
At 29 February 2024
23,975 
6,760 
41,584 
8,025 
80,344 
At 28 February 2023
- 
1,362 
37,457 
7,348 
46,167 
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IMW LTD. Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
120,958 
121,056 
Other debtors
- 
6,693 
120,958 
127,749 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,648 
4,856 
VAT
49,316 
96,119 
Trade creditors
502 
4,928 
Taxes and social security
46,256 
55,316 
Other creditors
10,955 
12,959 
Loans from directors
17,412 
- 
Accruals
77,058 
3,950 
208,147 
178,128 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,756 
38,714 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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