2023-08-01 06630803 2024-07-31 06630803 2023-08-01 2024-07-31 06630803 2023-07-31 06630803 2022-08-01 2023-07-31 06630803 uk-core:WithinOneYear 2023-07-31 06630803 uk-core:WithinOneYear 2024-07-31 06630803 uk-core:ShareCapital 2024-07-31 06630803 uk-core:ShareCapital 2023-07-31 06630803 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 06630803 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 06630803 uk-bus:Director1 2023-08-01 2024-07-31 06630803 uk-core:OfficeEquipment 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure 06630803 uk-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 06630803 uk-bus:FRS102 2023-08-01 2024-07-31 06630803 uk-bus:FullAccounts 2023-08-01 2024-07-31 06630803 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31
IMS-Smart Limited
Registered Number:06630803
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2024
IMS-Smart Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06630803
As at 31 July 2024
IMS-Smart Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
25,958
19,556
2
25,958
19,556
Current assets
Trade and other receivables
906
1,397
3
72,985
Cash and cash equivalents
61,649
63,046
73,891
Trade and other payables: amounts falling due within one
year
(11,269)
(6,068)
4
62,622
56,978
Net current assets
Total assets less current liabilities
82,936
82,178
82,936
Net assets
82,178
Capital and reserves
Called up share capital
2
2
Retained earnings
82,934
82,176
82,936
82,178
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dr David Brewer Director
These financial statements were approved and authorised for issue by the Board on 28 February 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 July 2024
IMS-Smart Limited
Notes to the Financial Statements
Statutory Information
IMS-Smart Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06630803.
Registered address:
8 Peterborough Road
Harrow
Middlesex
HA1 2BQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 August 2023
41,286
18,380
Additions
Disposals
(4,434)
At 31 July 2024
55,232
Provision for depreciation and impairment
At 01 August 2023
21,730
Charge for year
8,653
(1,109)
On disposal
At 31 July 2024
29,274
At 31 July 2024
Net book value
25,958
At 31 July 2023
19,556
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5
For the year ended 31 July 2024
IMS-Smart Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
1,397
906
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
420
4,134
Other creditors
5,648
7,135
6,068
11,269
5. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
3 of 3