INDUSTRIAL & MARINE SUPPLIES LIMITED

Company Registration Number:
02626771 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

INDUSTRIAL & MARINE SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

INDUSTRIAL & MARINE SUPPLIES LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 103,221 104,628
Investments: 4 158,308 158,308
Total fixed assets: 261,529 262,936
Current assets
Stocks: 42,820 23,270
Debtors:   637,890 402,962
Cash at bank and in hand: 398,119 678,177
Total current assets: 1,078,829 1,104,409
Creditors: amounts falling due within one year:   (478,232) (351,605)
Net current assets (liabilities): 600,597 752,804
Total assets less current liabilities: 862,126 1,015,740
Total net assets (liabilities): 862,126 1,015,740
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 862,124 1,015,738
Shareholders funds: 862,126 1,015,740

The notes form part of these financial statements

INDUSTRIAL & MARINE SUPPLIES 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 28 April 2025
and signed on behalf of the board by:

Name: A Tekneci
Status: Director

The notes form part of these financial statements

INDUSTRIAL & MARINE SUPPLIES 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

INDUSTRIAL & MARINE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 8 7

INDUSTRIAL & MARINE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 217,595
Additions 3,188
At 31 July 2024 220,783
Depreciation
At 01 August 2023 112,967
Charge for year 4,595
At 31 July 2024 117,562
Net book value
At 31 July 2024 103,221
At 31 July 2023 104,628

INDUSTRIAL & MARINE SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Fixed investments

The company acquired a leasehold property in February 2012 (expires 15 June 2112) from which it receives rental income.