Registered number
07466174
I Am Residential Limited
Filleted Accounts
31 March 2024
I Am Residential Limited
Registered number: 07466174
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 4,800 -
Investments 4 1 1
4,801 1
Current assets
Debtors 5 37,900 37,900
Cash at bank and in hand 7 1
37,907 37,901
Creditors: amounts falling due within one year 6 (43,018) (36,810)
Net current (liabilities)/assets (5,111) 1,091
Net (liabilities)/assets (310) 1,092
Capital and reserves
Called up share capital 1 1
Profit and loss account (311) 1,091
Shareholder's funds (310) 1,092
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Natalie Bains
Director
Approved by the board on 26 November 2024
I Am Residential Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 6,000
At 31 March 2024 6,000
Depreciation
Charge for the year 1,200
At 31 March 2024 1,200
Net book value
At 31 March 2024 4,800
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2023 1
At 31 March 2024 1
5 Debtors 2024 2023
£ £
Unsecured loans 37,900 37,900
6 Creditors: amounts falling due within one year 2024 2023
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 42,900 36,180
Taxation and social security costs (256) 256
Other creditors 374 374
43,018 36,810
7 Controlling party
The company is controlled by the Director, Natalie Bains who also holds the only issued share in the company.
8 Other information
I Am Residential Limited is a private company limited by shares and incorporated in England. Its registered office is:
215 Valley Road
Nottingham
NG5 3BG
I Am Residential Limited 07466174 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 Natalie Bains No description of principal activity 07466174 2022-04-01 2023-03-31 07466174 core:WithinOneYear 2023-03-31 07466174 core:ShareCapital 2023-03-31 07466174 core:RetainedEarningsAccumulatedLosses 2023-03-31 07466174 2023-04-01 2024-03-31 07466174 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07466174 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07466174 bus:Director40 2023-04-01 2024-03-31 07466174 2 2023-04-01 2024-03-31 07466174 core:PlantMachinery 2023-04-01 2024-03-31 07466174 countries:England 2023-04-01 2024-03-31 07466174 bus:FRS102 2023-04-01 2024-03-31 07466174 bus:FilletedAccounts 2023-04-01 2024-03-31 07466174 2024-03-31 07466174 core:WithinOneYear 2024-03-31 07466174 core:ShareCapital 2024-03-31 07466174 core:RetainedEarningsAccumulatedLosses 2024-03-31 07466174 core:PlantMachinery 2024-03-31 07466174 2023-03-31 iso4217:GBP xbrli:pure