IRIS Accounts Production v24.2.0.383 04690029 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false 8655 3839 5964 8655 1148 8655 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046900292023-03-31046900292024-03-31046900292023-04-012024-03-31046900292022-03-31046900292022-04-012023-03-31046900292023-03-3104690029ns15:EnglandWales2023-04-012024-03-3104690029ns14:PoundSterling2023-04-012024-03-3104690029ns10:Director12023-04-012024-03-3104690029ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104690029ns10:SmallEntities2023-04-012024-03-3104690029ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104690029ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104690029ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104690029ns10:FullAccounts2023-04-012024-03-310469002912023-04-012024-03-3104690029ns10:Director2422023-03-3104690029ns10:Director2422022-03-3104690029ns10:Director2422022-04-012023-03-3104690029ns10:Director2422023-04-012024-03-3104690029ns10:Director2422023-03-3104690029ns10:Director22023-04-012024-03-3104690029ns10:Director32023-04-012024-03-3104690029ns10:CompanySecretary12023-04-012024-03-3104690029ns10:RegisteredOffice2023-04-012024-03-3104690029ns5:CurrentFinancialInstruments2024-03-3104690029ns5:CurrentFinancialInstruments2023-03-3104690029ns5:Non-currentFinancialInstruments2024-03-3104690029ns5:Non-currentFinancialInstruments2023-03-3104690029ns5:ShareCapital2024-03-3104690029ns5:ShareCapital2023-03-3104690029ns5:RetainedEarningsAccumulatedLosses2024-03-3104690029ns5:RetainedEarningsAccumulatedLosses2023-03-3104690029ns5:NetGoodwill2023-04-012024-03-3104690029ns5:LeaseholdImprovements2023-04-012024-03-3104690029ns5:PlantMachinery2023-04-012024-03-3104690029ns5:FurnitureFittings2023-04-012024-03-3104690029ns5:MotorVehicles2023-04-012024-03-3104690029ns5:NetGoodwill2023-03-3104690029ns5:NetGoodwill2024-03-3104690029ns5:NetGoodwill2023-03-3104690029ns5:LeaseholdImprovements2023-03-3104690029ns5:PlantMachinery2023-03-3104690029ns5:FurnitureFittings2023-03-3104690029ns5:MotorVehicles2023-03-3104690029ns5:LeaseholdImprovements2024-03-3104690029ns5:PlantMachinery2024-03-3104690029ns5:FurnitureFittings2024-03-3104690029ns5:MotorVehicles2024-03-3104690029ns5:LeaseholdImprovements2023-03-3104690029ns5:PlantMachinery2023-03-3104690029ns5:FurnitureFittings2023-03-3104690029ns5:MotorVehicles2023-03-3104690029ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3104690029ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-012024-03-3104690029ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-3104690029ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3104690029ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3104690029ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3104690029ns5:RetainedEarningsAccumulatedLosses2023-03-3104690029ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31046900291ns10:Director12023-03-31046900291ns10:Director12022-03-31046900291ns10:Director12023-04-012024-03-31046900291ns10:Director12022-04-012023-03-31046900291ns10:Director12024-03-31046900291ns10:Director12023-03-31046900293ns10:Director32023-03-31046900293ns10:Director32022-03-31046900293ns10:Director32023-04-012024-03-31046900293ns10:Director32022-04-012023-03-31046900293ns10:Director32024-03-31046900293ns10:Director32023-03-31
REGISTERED NUMBER: 04690029 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st March 2024

for

IMBERPARK LIMITED

IMBERPARK LIMITED (REGISTERED NUMBER: 04690029)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IMBERPARK LIMITED

Company Information
for the Year Ended 31st March 2024







DIRECTORS: D E Harris
Mrs V Harris
N Harris





SECRETARY: Mrs V Harris





REGISTERED OFFICE: Nutty Lane
Charlton Village
Shepperton
Middlesex
TW17 0RQ





REGISTERED NUMBER: 04690029 (England and Wales)





ACCOUNTANT: Lesley C Woodward-Thwaites
Byrne Palmer & Co
Chartered Accountant
Hazels Lodge
Stoodleigh
Tiverton
Devon
EX16 9PY

IMBERPARK LIMITED (REGISTERED NUMBER: 04690029)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,505 1,805
Tangible assets 5 341,072 74,187
342,577 75,992

CURRENT ASSETS
Stocks 43,644 46,103
Debtors 6 25,501 29,813
Cash at bank and in hand 10,673 68,913
79,818 144,829
CREDITORS
Amounts falling due within one year 7 309,334 49,156
NET CURRENT (LIABILITIES)/ASSETS (229,516 ) 95,673
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,061

171,665

CREDITORS
Amounts falling due after more than one
year

8

40,120

54,039
NET ASSETS 72,941 117,626

CAPITAL AND RESERVES
Called up share capital 12,000 12,000
Retained earnings 9 60,941 105,626
SHAREHOLDERS' FUNDS 72,941 117,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

IMBERPARK LIMITED (REGISTERED NUMBER: 04690029)

Balance Sheet - continued
31st March 2024


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 30th May 2025 and were signed on its behalf by:





D E Harris - Director


IMBERPARK LIMITED (REGISTERED NUMBER: 04690029)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Imberpark Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the net invoiced value of boarding kennel fees and sales of pet supplies, net of value added tax.

Goodwill
Goodwill acquired in 2003 (after deducting the 2007/2008 impairment loss adjustment) is amortised through the profit and loss account in equal instalments over its estimated remaining useful life of fifteen years.
Goodwill acquired in 2020 is amortised through the profit and loss account in equal instalments over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 15% on cost
Kennels cattery shop fixtures & fittings - 15% on cost
Kennels cattery shop equipment - 15% on cost
Motor vehicles - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

IMBERPARK LIMITED (REGISTERED NUMBER: 04690029)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or relivable within one year, typically trade debtors and creditors, are measured. initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially , at the present value of the future cash flow discounted at a market rate of interest for similar debt instrument and subsequently at amotised cost.

Financial asset's that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the net present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

IMBERPARK LIMITED (REGISTERED NUMBER: 04690029)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2023
and 31st March 2024 93,000
AMORTISATION
At 1st April 2023 91,195
Amortisation for year 300
At 31st March 2024 91,495
NET BOOK VALUE
At 31st March 2024 1,505
At 31st March 2023 1,805

5. TANGIBLE FIXED ASSETS
Kennels
cattery Kennels
Improvements shop cattery
to fixtures shop Motor
property & fittings equipment vehicles Totals
£    £    £    £    £   
COST
At 1st April 2023 - 87,247 81,797 70,600 239,644
Additions 212,253 27,090 49,092 - 288,435
Disposals - (29,051 ) - - (29,051 )
At 31st March 2024 212,253 85,286 130,889 70,600 499,028
DEPRECIATION
At 1st April 2023 - 87,247 65,600 12,610 165,457
Charge for year 2,653 656 4,121 14,120 21,550
Eliminated on disposal - (29,051 ) - - (29,051 )
At 31st March 2024 2,653 58,852 69,721 26,730 157,956
NET BOOK VALUE
At 31st March 2024 209,600 26,434 61,168 43,870 341,072
At 31st March 2023 - - 16,197 57,990 74,187

IMBERPARK LIMITED (REGISTERED NUMBER: 04690029)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st April 2023
and 31st March 2024 51,000
DEPRECIATION
At 1st April 2023 850
Charge for year 10,200
At 31st March 2024 11,050
NET BOOK VALUE
At 31st March 2024 39,950
At 31st March 2023 50,150

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,340 2,259
Other debtors 9,161 27,554
25,501 29,813

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,939 4,998
Hire purchase contracts 8,874 3,571
Trade creditors 27,719 13,671
Taxation and social security 3,825 9,341
Other creditors 263,977 17,575
309,334 49,156

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,501 12,083
Hire purchase contracts 32,619 41,956
40,120 54,039

IMBERPARK LIMITED (REGISTERED NUMBER: 04690029)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

9. RESERVES
Retained
earnings
£   

At 1st April 2023 105,626
Deficit for the year (44,685 )
At 31st March 2024 60,941

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2024 and 31st March 2023:

2024 2023
£    £   
D E Harris and Mrs V Harris
Balance outstanding at start of year 8,655 3,839
Amounts advanced - 5,964
Amounts repaid (8,655 ) (1,148 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 8,655

N Harris
Balance outstanding at start of year 1,285 19,179
Amounts advanced - 384
Amounts repaid (1,285 ) (18,278 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,285

11. RELATED PARTY DISCLOSURES

Two directors, D E Harris and V M Harris jointly own property occupied by the company. No rent is charged.

12. ULTIMATE CONTROLLING PARTY

The company is controlled by directors D E Harris, V M Harris and N Harris.