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Company Registration No. 11010755 (England and Wales)
IMB 1926 Limited Unaudited accounts for the year ended 31 March 2024
IMB 1926 Limited Unaudited accounts Contents
Page
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IMB 1926 Limited Company Information for the year ended 31 March 2024
Directors
Mr S Maughan Ms S Smith
Company Number
11010755 (England and Wales)
Registered Office
The Mount Old Blandford Road Salisbury SP2 8BZ
Accountants
Brian Pinder-Ayres Limited 202 Regency House 91 Western Road Brighton East Sussex BN1 2LB
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IMB 1926 Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
973,151 
1,145,651 
Investments
1 
1 
973,152 
1,145,652 
Current assets
Debtors
26,584 
23,966 
Cash at bank and in hand
318,308 
70,306 
344,892 
94,272 
Creditors: amounts falling due within one year
(40,162)
(27,172)
Net current assets
304,730 
67,100 
Total assets less current liabilities
1,277,882 
1,212,752 
Creditors: amounts falling due after more than one year
(1,039,586)
(1,039,586)
Net assets
238,296 
173,166 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
238,196 
173,066 
Shareholders' funds
238,296 
173,166 
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 27 December 2024 and were signed on its behalf by
Ms S Smith Director Company Registration No. 11010755
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IMB 1926 Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
IMB 1926 Limited is a private company, limited by shares, registered in England and Wales, registration number 11010755. The registered office is The Mount, Old Blandford Road, Salisbury, SP2 8BZ.
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:
Computer equipment
Straight line over three years
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
833 
At 31 March 2024
833 
Depreciation
At 1 April 2023
833 
At 31 March 2024
833 
Net book value
At 31 March 2024
- 
5
Investment property
2024 
£ 
Fair value at 1 April 2023
1,145,651 
Disposals
(172,500)
At 31 March 2024
973,151 
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IMB 1926 Limited Notes to the Accounts for the year ended 31 March 2024
6
Investments
Other investments 
£ 
Valuation at 1 April 2023
1 
Valuation at 31 March 2024
1 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,618 
- 
Accrued income and prepayments
1,955 
1,955 
Other debtors
22,011 
22,011 
26,584 
23,966 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,975 
1,967 
Trade creditors
(598)
- 
Taxes and social security
18,385 
8,995 
Other creditors
940 
750 
Accruals
15,460 
15,460 
40,162 
27,172 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
1,039,586 
1,039,586 
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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