REGISTERED NUMBER: |
Report of the Members and |
Financial Statements for the Year Ended 5 April 2024 |
for |
Ima Finance LLP |
REGISTERED NUMBER: |
Report of the Members and |
Financial Statements for the Year Ended 5 April 2024 |
for |
Ima Finance LLP |
Ima Finance LLP (Registered number: OC329302) |
Contents of the Financial Statements |
for the Year Ended 5 April 2024 |
Page |
Report of the Members | 1 |
Income Statement | 2 |
Balance Sheet | 3 |
Reconciliation of Members' Interests | 5 |
Notes to the Financial Statements | 7 |
Ima Finance LLP (Registered number: OC329302) |
Report of the Members |
for the Year Ended 5 April 2024 |
The members present their report with the financial statements of the LLP for the year ended 5 April 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the year under review was that of mortgage broker and other financial products. |
DESIGNATED MEMBERS |
The designated members during the year under review were: |
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The loss for the year before members' remuneration and profit shares was £178 (2023 - £805 loss). |
MEMBERS' INTERESTS |
POLITICAL DONATIONS AND EXPENDITURE |
The company during the year given a gift aids to several charities, no political donations made. |
ON BEHALF OF THE MEMBERS: |
Ima Finance LLP (Registered number: OC329302) |
Income Statement |
for the Year Ended 5 April 2024 |
5.4.24 | 5.4.23 |
£ | £ | £ | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Distribution costs |
Administrative expenses |
45,515 | 42,870 |
OPERATING LOSS and |
LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
( |
) |
( |
) |
Ima Finance LLP (Registered number: OC329302) |
Balance Sheet |
5 April 2024 |
5.4.24 | 5.4.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
36,414 |
36,592 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
36,414 |
36,592 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 36,414 | 36,592 |
The members acknowledge their responsibilities for: |
(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
Ima Finance LLP (Registered number: OC329302) |
Balance Sheet - continued |
5 April 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Ima Finance LLP (Registered number: OC329302) |
Reconciliation of Members' Interests |
for the Year Ended 5 April 2024 |
EQUITY | DEBT | TOTAL |
Members' | Loans and other debts due to | MEMBERS' |
other | members less any amounts due | INTERESTS |
interests | from members in debtors |
Members' |
capital |
Other | (classified | Other |
reserves | as debt) | amounts | Total | Total |
£ | £ | £ | £ | £ |
Amount due to members | 2,286 | 34,306 | 36,592 |
Amount due from members | - | - | - |
Balance at 6 April 2023 | - | 2,286 | 34,306 | 36,592 | 36,592 |
Loss for the financial year available for discretionary division among members |
(178 |
) |
- |
- |
- |
(178 |
) |
Members' interests after loss for the year |
(178 |
) |
2,286 |
34,306 |
36,592 |
36,414 |
Other divisions of loss | 178 | - | (178 | ) | (178 | ) | - |
Amount due to members | 2,286 | 34,128 | 36,414 |
Amount due from members | - | - | - |
Balance at 5 April 2024 | - | 2,286 | 34,128 | 36,414 | 36,414 |
Ima Finance LLP (Registered number: OC329302) |
Reconciliation of Members' Interests |
for the Year Ended 5 April 2024 |
EQUITY | DEBT | TOTAL |
Members' | Loans and other debts due to | MEMBERS' |
other | members less any amounts due | INTERESTS |
interests | from members in debtors |
Members' |
capital |
Other | (classified | Other |
reserves | as debt) | amounts | Total | Total |
£ | £ | £ | £ | £ |
Amount due to members | 2,286 | 35,111 | 37,397 |
Amount due from members | - | - | - |
Balance at 6 April 2022 | - | 2,286 | 35,111 | 37,397 | 37,397 |
Loss for the financial year available for discretionary division among members |
(805 |
) |
- |
- |
- |
(805 |
) |
Members' interests after loss for the year |
(805 |
) |
2,286 |
35,111 |
37,397 |
36,592 |
Other divisions of loss | 805 | - | (805 | ) | (805 | ) | - |
Amount due to members | 2,286 | 34,306 | 36,592 |
Amount due from members | - | - | - |
Balance at 5 April 2023 | - | 2,286 | 34,306 | 36,592 | 36,592 |
Ima Finance LLP (Registered number: OC329302) |
Notes to the Financial Statements - continued |
for the Year Ended 5 April 2024 |
1. | STATUTORY INFORMATION |
Ima Finance LLP is registered in England and Wales. The LLP's registered number and registered office address are as below: |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Pension costs and other post-retirement benefits |
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
Ima Finance LLP (Registered number: OC329302) |
Notes to the Financial Statements - continued |
for the Year Ended 5 April 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 6 April 2023 |
and 5 April 2024 |
DEPRECIATION |
At 6 April 2023 |
and 5 April 2024 |
NET BOOK VALUE |
At 5 April 2024 |
At 5 April 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.24 | 5.4.23 |
£ | £ |
Trade debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.24 | 5.4.23 |
£ | £ |
Trade creditors |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loan and other debts due to members (other than members' capital classified as debt) |