Registered number
11485784
IMZPB Ltd
Filleted Accounts
31 July 2024
IMZPB Ltd
Registered number: 11485784
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 290,000 290,000
Current assets
Debtors 4 5,207 9,410
Cash at bank and in hand 9,615 8,112
14,822 17,522
Creditors: amounts falling due within one year 5 (1,270) (1,787)
Net current assets 13,552 15,735
Total assets less current liabilities 303,552 305,735
Creditors: amounts falling due after more than one year 6 (198,000) (198,000)
Provisions for liabilities (29,629) (29,629)
Net assets 75,923 78,106
Capital and reserves
Called up share capital 100 100
Profit and loss account 75,823 78,006
Shareholders' funds 75,923 78,106
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
Iain Mathews
Director
Approved by the board on 3 December 2024
IMZPB Ltd
Notes to the Accounts
for the year ended 31 July 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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rental income of investment property. Turnover from rental income is recognised on a straight line basis over the contract period.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 3
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 August 2023 290,000
At 31 July 2024 290,000
Depreciation
At 31 July 2024 -
Net book value
At 31 July 2024 290,000
At 31 July 2023 290,000
Freehold land and buildings: 2024 2023
£ £
Historical cost 171,485 171,485
Cumulative depreciation based on historical cost - -
171,485 171,485
4 Debtors 2024 2023
£ £
Trade debtors - 481
Amounts owed by group undertakings and undertakings in which the company has a participating interest 3,217 3,217
Other debtors 1,990 5,712
5,207 9,410
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 1,270 1,787
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 198,000 198,000
7 Loans 2024 2023
£ £
Creditors include:
Amounts payable otherwise than by instalment falling due for payment after more than five years 198,000 198,000
8 Other information
IMZPB Ltd is a private company limited by shares and incorporated in England. Its registered office is:
65 Ridingfold Lane
Worsley
Manchester
M28 2UR
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