IRIS Accounts Production v24.3.0.553 02122774 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh021227742023-03-31021227742024-03-31021227742023-04-012024-03-31021227742022-03-31021227742022-04-012023-03-31021227742023-03-3102122774ns15:EnglandWales2023-04-012024-03-3102122774ns14:PoundSterling2023-04-012024-03-3102122774ns10:Director12023-04-012024-03-3102122774ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3102122774ns10:SmallEntities2023-04-012024-03-3102122774ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3102122774ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3102122774ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102122774ns10:FullAccounts2023-04-012024-03-3102122774ns10:Director22023-04-012024-03-3102122774ns10:Director32023-04-012024-03-3102122774ns10:RegisteredOffice2023-04-012024-03-3102122774ns5:CurrentFinancialInstruments2024-03-3102122774ns5:CurrentFinancialInstruments2023-03-3102122774ns5:ShareCapital2024-03-3102122774ns5:ShareCapital2023-03-3102122774ns5:RetainedEarningsAccumulatedLosses2024-03-3102122774ns5:RetainedEarningsAccumulatedLosses2023-03-3102122774ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-04-012024-03-3102122774ns5:PlantMachinery2023-04-012024-03-3102122774ns5:MotorVehicles2023-04-012024-03-3102122774ns5:LandBuildings2023-03-3102122774ns5:PlantMachinery2023-03-3102122774ns5:LandBuildings2023-04-012024-03-3102122774ns5:LandBuildings2024-03-3102122774ns5:PlantMachinery2024-03-3102122774ns5:LandBuildings2023-03-3102122774ns5:PlantMachinery2023-03-31
REGISTERED NUMBER: 02122774 (England and Wales)















ILMEX LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2024






ILMEX LIMITED (REGISTERED NUMBER: 02122774)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ILMEX LIMITED

Company Information
for the year ended 31 March 2024







DIRECTORS: Mr P N Hunt
Mrs L E Hunt
Mr S P Hunt





REGISTERED OFFICE: Units 4-5 Vittoria Street
Smethwick
Warley
West Midlands
B66 2ND





REGISTERED NUMBER: 02122774 (England and Wales)






ILMEX LIMITED (REGISTERED NUMBER: 02122774)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 191,520 265,783

CURRENT ASSETS
Cash at bank 247,296 182,632

CREDITORS
Amounts falling due within one year 5 187,802 119,524
NET CURRENT ASSETS 59,494 63,108
TOTAL ASSETS LESS CURRENT
LIABILITIES

251,014

328,891

PROVISIONS FOR LIABILITIES 10,381 13,052
NET ASSETS 240,633 315,839

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 240,533 315,739
SHAREHOLDERS' FUNDS 240,633 315,839

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by:





Mr P N Hunt - Director


ILMEX LIMITED (REGISTERED NUMBER: 02122774)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Ilmex Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 20% on cost
Motor vehicles - 25% on reducing balance

No depreciation is provided on the freehold property as the Directors believe that any such charge would be immaterial when comparing the property cost with its realisable value at each balance sheet date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

ILMEX LIMITED (REGISTERED NUMBER: 02122774)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 256,701 713,760 970,461
DEPRECIATION
At 1 April 2023 59,615 645,063 704,678
Charge for year 47,090 27,173 74,263
At 31 March 2024 106,705 672,236 778,941
NET BOOK VALUE
At 31 March 2024 149,996 41,524 191,520
At 31 March 2023 197,086 68,697 265,783

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Taxation and social security 29,888 18,810
Other creditors 157,914 100,714
187,802 119,524