IMPEX BROKERS LIMITED

Company Registration Number:
11880915 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

IMPEX BROKERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

IMPEX BROKERS LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 31 March 2024

Sarah Kemp


The director shown below has held office during the period of
15 May 2023 to 31 March 2024

Selcuk Kandemir


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
3 December 2024

And signed on behalf of the board by:
Name: Selcuk Kandemir
Status: Director

IMPEX BROKERS LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 3,757,558 2,891,642
Cost of sales: ( 1,941,735 ) ( 1,473,539 )
Gross profit(or loss): 1,815,823 1,418,103
Distribution costs: ( 141,774 ) ( 99,412 )
Administrative expenses: ( 585,558 ) ( 452,614 )
Operating profit(or loss): 1,088,491 866,077
Profit(or loss) before tax: 1,088,491 866,077
Tax: ( 247,122 ) ( 155,894 )
Profit(or loss) for the financial year: 841,369 710,183

IMPEX BROKERS LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,129,587 996,014
Total fixed assets: 1,129,587 996,014
Current assets
Stocks: 4 858,585 290,475
Debtors: 5 958,925 546,044
Cash at bank and in hand: 264,447 181,241
Total current assets: 2,081,957 1,017,760
Creditors: amounts falling due within one year: 6 ( 548,552 ) ( 192,151 )
Net current assets (liabilities): 1,533,405 825,609
Total assets less current liabilities: 2,662,992 1,821,623
Total net assets (liabilities): 2,662,992 1,821,623
Capital and reserves
Called up share capital: 100,000 100,000
Profit and loss account: 2,562,992 1,721,623
Total Shareholders' funds: 2,662,992 1,821,623

The notes form part of these financial statements

IMPEX BROKERS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 3 December 2024
and signed on behalf of the board by:

Name: Selcuk Kandemir
Status: Director

The notes form part of these financial statements

IMPEX BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

IMPEX BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 12 10

IMPEX BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 641,401 114,292 67,217 123,015 235,740 1,181,665
Additions 48,985 95,447 75,558 108,384 328,374
Disposals
Revaluations
Transfers
At 31 March 2024 641,401 163,277 162,664 198,573 344,124 1,510,039
Depreciation
At 1 April 2023 31,959 30,266 49,276 74,150 185,651
Charge for year 32,655 32,532 39,714 89,900 194,801
On disposals
Other adjustments
At 31 March 2024 64,614 62,798 88,990 164,050 380,452
Net book value
At 31 March 2024 641,401 98,663 99,866 109,583 180,074 1,129,587
At 31 March 2023 641,401 82,333 36,951 73,739 161,590 996,014

IMPEX BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 858,585 290,475
Total 858,585 290,475

IMPEX BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 958,925 546,044
Total 958,925 546,044

IMPEX BROKERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 246,107 36,257
Taxation and social security 302,445 155,894
Total 548,552 192,151