Registered number
09116498
Immensa Management Ltd
Unaudited Filleted Accounts
for the year ended
31 March 2024
Immensa Management Ltd
Report and accounts
Contents
Page
Accountants' report 1
Balance sheet 2
Notes to the accounts 3
Immensa Management Ltd
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Immensa Management Ltd for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Immensa Management Ltd for the year ended 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance
This report is made solely to the Board of Directors of Immensa Management Ltd, as a body, in accordance with the terms of our engagement letter dated 11 January 2019. Our work has been undertaken solely to prepare for your approval the accounts of Immensa Management Ltd and state those matters that we have agreed to state to the Board of Directors of Immensa Management Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Immensa Management Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Immensa Management Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Immensa Management Ltd. You consider that Immensa Management Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Immensa Management Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
MAH, Chartered Accountants
2nd Floor
154 Bishopsgate
London
EC2M 4LN
15 May 2025
Immensa Management Ltd
Registered number: 09116498
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 41,552 21,215
Current assets
Debtors 4 227,623 119,831
Cash at bank and in hand 28,465 4,192
256,088 124,023
Creditors: amounts falling due within one year 5 (236,785) (135,232)
Net current assets/(liabilities) 19,303 (11,209)
Total assets less current liabilities 60,855 10,006
Creditors: amounts falling due after more than one year 6 (42,824) (48,988)
Provisions for liabilities (5,892) (5,892)
Net assets/(liabilities) 12,139 (44,874)
Capital and reserves
Called up share capital 100 100
Profit and loss account 8 12,039 (44,974)
Shareholder's funds 12,139 (44,874)
During the year £152,693 was advanced to, and £77,064 was repaid by, the director. The balance outstanding at the year end of £174,145 (2023: £98,046) and it was not repaid within 9 months of the period end. The average interest rate applicable to overdrawn current account was 2.25%.
The company is exempt from the requirements relating to preparing audited accounts in accordance with section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Russell James Fordham Kirk
Director
Approved by the board on 15 May 2025
The notes on pages 3 to 6 form part of these financial statements.
Immensa Management Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% straight line
Fixtures, fittings 25% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
1 Accounting policies (continued)
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 157,715
Additions 40,720
At 31 March 2024 198,435
Depreciation
At 1 April 2023 136,500
Charge for the year 20,383
At 31 March 2024 156,883
Net book value
At 31 March 2024 41,552
At 31 March 2023 21,215
4 Debtors 2024 2023
£ £
Trade debtors 53,478 21,315
Other debtors 174,145 98,516
227,623 119,831
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 13,539 13,315
Taxation and social security costs 221,279 118,750
Accruals and deferred income 1,967 3,167
236,785 135,232
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 42,824 48,988
42,824 48,988
7 Share capital Nominal 2024 2023
Allotted, called up and fully paid: Value Number £ £
Creditors include:
Ordinary shares £1 each 100 100 100
100 100
8 Profit and loss account 2024 2023
£ £
At 1 April 2023 (44,974) (55,013)
(Loss)/profit for the financial year 107,013 10,039
At 31 March 2024 12,039 (44,974)
9 Deferred taxation 2024 2023
£ £
Tax carried forward 5,892 5,892
10 Related party transactions
Other debtors includes a current account balance of £174,145 (2023: £98,046) due from the director. The balance is receivable on demand and relates to net expenses incurred by the company on behalf of the director plus dividends. The balance was not repaid within 9 months of the year end. The average interest rate applicable to overdrawn current account was 2.25%.

The shareholders received dividends of £50,000 (2023: £0.00).
11 Controlling party
The director is the 100% shareholder and controls the company.
12 Other information
Immensa Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
2nd Floor
154 Bishopsgate
London
EC2M 4LN
Immensa Management Ltd 09116498 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2025 Russell James Fordham Kirk No description of principal activity 09116498 2022-04-01 2023-03-31 09116498 core:RevaluationReserve core:LandBuildings 2022-04-01 2023-03-31 09116498 core:WithinOneYear 2023-03-31 09116498 core:AfterOneYear 2023-03-31 09116498 core:ShareCapital 2023-03-31 09116498 core:RetainedEarningsAccumulatedLosses 2023-03-31 09116498 core:MoreThanFiveYears 2023-03-31 09116498 core:AllPeriods 2023-03-31 09116498 core:RevaluationReserve 2022-03-31 09116498 2023-04-01 2024-03-31 09116498 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09116498 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09116498 bus:Director40 2023-04-01 2024-03-31 09116498 1 2023-04-01 2024-03-31 09116498 2 2023-04-01 2024-03-31 09116498 core:PlantMachinery 2023-04-01 2024-03-31 09116498 core:RevaluationReserve core:LandBuildings 2023-04-01 2024-03-31 09116498 countries:England 2023-04-01 2024-03-31 09116498 bus:FRS102 2023-04-01 2024-03-31 09116498 bus:FilletedAccounts 2023-04-01 2024-03-31 09116498 2024-03-31 09116498 core:WithinOneYear 2024-03-31 09116498 core:AfterOneYear 2024-03-31 09116498 core:ShareCapital 2024-03-31 09116498 core:RetainedEarningsAccumulatedLosses 2024-03-31 09116498 core:PlantMachinery 2024-03-31 09116498 core:MoreThanFiveYears 2024-03-31 09116498 core:RevaluationReserve 2024-03-31 09116498 core:AllPeriods 2024-03-31 09116498 2023-03-31 09116498 core:PlantMachinery 2023-03-31 09116498 core:RevaluationReserve 2023-03-31 iso4217:GBP xbrli:pure