Company Registration No. 11532429 (England and Wales)
IMD Properties Limited
Unaudited accounts
for the year ended 31 August 2024
IMD Properties Limited
Unaudited accounts
Contents
IMD Properties Limited
Company Information
for the year ended 31 August 2024
Directors
Mr Indunil Mahendra DAYARATNE
Dr Damithri AMENDRA
Company Number
11532429 (England and Wales)
Registered Office
31 Dangan Road
Wanstrad
E11 2RF
ENGLAND
Accountants
Metropolitan Accountants Ltd
Phoenix Business Centre
Office 10, Rosslyn Crescent
Harrow
Middlesex
HA1 2SP
IMD Properties Limited
Statement of financial position
as at 31 August 2024
Investment property
138,301
138,301
Cash at bank and in hand
53,972
75,941
Creditors: amounts falling due within one year
(14,336)
(12,498)
Net current assets
39,636
63,443
Total assets less current liabilities
177,937
201,744
Creditors: amounts falling due after more than one year
(206,202)
(214,702)
Net liabilities
(28,265)
(12,958)
Called up share capital
100
100
Profit and loss account
(28,365)
(13,058)
Shareholders' funds
(28,265)
(12,958)
For the year ending 31 August 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by
Mr Indunil Mahendra DAYARATNE
Director
Company Registration No. 11532429
IMD Properties Limited
Notes to the Accounts
for the year ended 31 August 2024
IMD Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11532429. The registered office is 31 Dangan Road, Wanstrad, E11 2RF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 September 2023
138,301
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
8,745
8,745
Loans from directors
4,931
3,093
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
107,324
107,324
Other creditors
98,878
107,378
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).