IRIS Accounts Production v25.1.3.33 SC512739 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5127392023-06-30SC5127392024-06-30SC5127392023-07-012024-06-30SC5127392022-06-30SC5127392022-07-012023-06-30SC5127392023-06-30SC512739ns15:Scotland2023-07-012024-06-30SC512739ns14:PoundSterling2023-07-012024-06-30SC512739ns10:Director12023-07-012024-06-30SC512739ns10:PrivateLimitedCompanyLtd2023-07-012024-06-30SC512739ns10:SmallEntities2023-07-012024-06-30SC512739ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-30SC512739ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-30SC512739ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-30SC512739ns10:FullAccounts2023-07-012024-06-30SC51273912023-07-012024-06-30SC512739ns10:Director22023-07-012024-06-30SC512739ns10:RegisteredOffice2023-07-012024-06-30SC512739ns5:CurrentFinancialInstruments2024-06-30SC512739ns5:CurrentFinancialInstruments2023-06-30SC512739ns5:Non-currentFinancialInstruments2024-06-30SC512739ns5:Non-currentFinancialInstruments2023-06-30SC512739ns5:ShareCapital2024-06-30SC512739ns5:ShareCapital2023-06-30SC512739ns5:RetainedEarningsAccumulatedLosses2024-06-30SC512739ns5:RetainedEarningsAccumulatedLosses2023-06-30SC512739ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-30SC512739ns5:PatentsTrademarksLicencesConcessionsSimilar2023-07-012024-06-30SC512739ns5:PlantMachinery2023-07-012024-06-30SC512739ns5:IntangibleAssetsOtherThanGoodwill2023-06-30SC512739ns5:IntangibleAssetsOtherThanGoodwill2024-06-30SC512739ns5:IntangibleAssetsOtherThanGoodwill2023-06-30SC512739ns5:PlantMachinery2023-06-30SC512739ns5:PlantMachinery2024-06-30SC512739ns5:PlantMachinery2023-06-30SC512739ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-30SC512739ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: SC512739 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

IMRANDD LTD

IMRANDD LTD (REGISTERED NUMBER: SC512739)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IMRANDD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: S Gopala
I I C Auchterlonie





REGISTERED OFFICE: Centrum Building
214 Union Street
Aberdeen
AB10 1TL





REGISTERED NUMBER: SC512739 (Scotland)

IMRANDD LTD (REGISTERED NUMBER: SC512739)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 642,789 286,588
Tangible assets 6 55,514 62,966
698,303 349,554

CURRENT ASSETS
Debtors 7 955,537 1,086,887
Cash at bank and in hand 7,005 32,373
962,542 1,119,260
CREDITORS
Amounts falling due within one year 8 1,080,719 1,015,146
NET CURRENT (LIABILITIES)/ASSETS (118,177 ) 104,114
TOTAL ASSETS LESS CURRENT
LIABILITIES

580,126

453,668

CREDITORS
Amounts falling due after more than one
year

9

(56,712

)

(20,000

)

PROVISIONS FOR LIABILITIES (13,478 ) (15,311 )
NET ASSETS 509,936 418,357

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 509,816 418,237
SHAREHOLDERS' FUNDS 509,936 418,357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

IMRANDD LTD (REGISTERED NUMBER: SC512739)

BALANCE SHEET - continued
30 JUNE 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 9 June 2025 and were signed on its behalf by:





I I C Auchterlonie - Director


IMRANDD LTD (REGISTERED NUMBER: SC512739)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Imrandd Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest pound.

Going Concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In arriving at this conclusion, the directors have given consideration to the global impact and adverse effects of the COVID-19 pandemic. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The directors consider that there are no estimates and underlying assumptions which have a significant risk of causing a material adjustment to the carrying amount of the assets and liabilities.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance


IMRANDD LTD (REGISTERED NUMBER: SC512739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. ACCOUNTING POLICIES - continued
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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held in call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 12 ) .

IMRANDD LTD (REGISTERED NUMBER: SC512739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023 296,634
Additions 378,356
At 30 June 2024 674,990
AMORTISATION
At 1 July 2023 10,046
Charge for year 22,155
At 30 June 2024 32,201
NET BOOK VALUE
At 30 June 2024 642,789
At 30 June 2023 286,588

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 211,386
Additions 20,536
Disposals (3,623 )
At 30 June 2024 228,299
DEPRECIATION
At 1 July 2023 148,420
Charge for year 27,988
Eliminated on disposal (3,623 )
At 30 June 2024 172,785
NET BOOK VALUE
At 30 June 2024 55,514
At 30 June 2023 62,966

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 505,718 639,900
Other debtors 449,819 446,987
955,537 1,086,887

IMRANDD LTD (REGISTERED NUMBER: SC512739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

The company uses invoice factoring with the bank and included within Trade debtors are factored amounts of £453,439 (2023 - £503,000).

Included within Other debtors are amounts due from the bank in relation to factored debts of £219,628 (2023 - £nil).

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 641,452 749,052
Taxation and social security 98,459 22,389
Other creditors 330,808 233,705
1,080,719 1,015,146

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 10,000 20,000
Other creditors 46,712 -
56,712 20,000

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.