IAYM LIMITED - Accounts

Registered Number: 09191340
England & Northern Ireland
IAYM LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 September 2023 End date: 31 August 2024

IAYM LIMITED
Contents Page
For the year ended 31 August 2024

Statement of financial position	1
Notes to the financial statements	2

IAYM LIMITED
Statement of Financial Position
As at 31 August 2024

	Notes	2024 £	2023 £
Current assets
Cash at bank and in hand		18,457	27,690
Creditors: amount falling due within one year	3	(5,748)	(17,115)
Net current assets		12,709	10,575

Total assets less current liabilities		12,709	10,575
Net assets		12,709	10,575

Capital and reserves
Called up share capital		2	2
Profit and loss account		12,707	10,573
Shareholders' funds		12,709	10,575

For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 26 May 2025 and were signed by:

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M Imran
Director

IAYM LIMITED
Notes to the Financial Statements
For the year ended 31 August 2024

General Information

IAYM LIMITED is a private company, limited by shares, registered in England & Northern Ireland, registration number 09191340, registration address Union House, 111 New Union Street, Coventry, CV1 2NT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

2.	Average number of employees Average number of employees during the year was 1 (2023 : 1).

Creditors: amount falling due within one year

	2024 £	2023 £
Corporation Tax	970	11,813
Accrued Expenses	1,747	1,726
Other Creditors	(1)	(1)
Directors' Current Accounts	3	666
VAT	3,029	2,911
	5,748	17,115