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REGISTERED NUMBER: 12231191 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2024

for

I.M.S Enterprises Limited

I.M.S Enterprises Limited (Registered number: 12231191)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


I.M.S Enterprises Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: I Akhtar
M Manzoor





SECRETARY:





REGISTERED OFFICE: 98 High Street
Midsomer Norton
Radstock
BA3 2DE





REGISTERED NUMBER: 12231191 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Chartered Accountants (ICAEW)
Brunel House
11 The Promenade
Clifton Down
Bristol
BS8 3NG

I.M.S Enterprises Limited (Registered number: 12231191)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 4 206,458 206,458

CURRENT ASSETS
Debtors 5 435,488 484,154
Cash at bank 9,178 21,622
444,666 505,776
CREDITORS
Amounts falling due within one year 6 140,418 140,358
NET CURRENT ASSETS 304,248 365,418
TOTAL ASSETS LESS CURRENT
LIABILITIES

510,706

571,876

CREDITORS
Amounts falling due after more than one
year

7

510,606

571,776
NET ASSETS 100 100

CAPITAL AND RESERVES
Called up share capital 9 100 100
SHAREHOLDERS' FUNDS 100 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 25 March 2025 and were signed on its behalf by:




I Akhtar - Director



M Manzoor - Director


I.M.S Enterprises Limited (Registered number: 12231191)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

I.M.S Enterprises 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 206,458
NET BOOK VALUE
At 30 September 2024 206,458
At 30 September 2023 206,458

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 435,488 484,154

I.M.S Enterprises Limited (Registered number: 12231191)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' loan accounts 139,698 139,698
Accrued expenses 720 660
140,418 140,358

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 8) 510,606 571,776

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due between two and five years:
Barclays loan account 510,606 571,776

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
100 Share capital 1 1.00 100 100

10. RESERVES
Retained
earnings
£   

Profit for the year 154,000
Dividends (154,000 )
At 30 September 2024 -