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
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
IMB 1926 Limited
Statement of financial position
as at 31 March 2024
Investment property
973,151
1,145,651
Cash at bank and in hand
318,308
70,306
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
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
IMB 1926 Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Fair value at 1 April 2023
1,145,651
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
Amounts falling due within one year
Accrued income and prepayments
1,955
1,955
Other debtors
22,011
22,011
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
18,385
8,995
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).