IMEX SYSTEMS LIMITED

Company Registration Number:
NI016493 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

IMEX SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

IMEX SYSTEMS LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 419,954 379,757
Total fixed assets: 419,954 379,757
Current assets
Stocks: 178,039 173,551
Debtors:   233,124 213,353
Cash at bank and in hand: 381,899 409,386
Total current assets: 793,062 796,290
Creditors: amounts falling due within one year:   (416,995) (500,912)
Net current assets (liabilities): 376,067 295,378
Total assets less current liabilities: 796,021 675,135
Total net assets (liabilities): 796,021 675,135
Capital and reserves
Called up share capital: 5,000 5,000
Profit and loss account: 791,021 670,135
Shareholders funds: 796,021 675,135

The notes form part of these financial statements

IMEX SYSTEMS LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 April 2025
and signed on behalf of the board by:

Name: Peter Niblock
Status: Director

The notes form part of these financial statements

IMEX SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IMEX SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 13 12

IMEX SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 725,292
Additions 63,165
Disposals (49,540)
At 31 July 2024 738,917
Depreciation
At 01 August 2023 345,535
Charge for year 21,625
On disposals (48,197)
At 31 July 2024 318,963
Net book value
At 31 July 2024 419,954
At 31 July 2023 379,757

IMEX SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Related party transactions

Name of the related party: Imex Instruments Limited / Imex Holdings Limited
Relationship:
Related through common ownership and control
Description of the Transaction: Sales from IMEX Systems to IMEX Instruments in the year of £1,766,857. IMEX Systems is owed £30,700 at the year end by IMEX Instruments.
£
Balance at 01 August 2023 160,259
Balance at 31 July 2024 30,700