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REGISTERED NUMBER: 08698040 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Installation Maintenance Solutions
Limited

Installation Maintenance Solutions
Limited (Registered number: 08698040)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Installation Maintenance Solutions
Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: T Bainczyk
A Rudge





REGISTERED OFFICE: Unit G Hoyle Point
Hoyle Street
Warrington
WA5 0LW





REGISTERED NUMBER: 08698040 (England and Wales)





ACCOUNTANTS: DWilkinson&Company
Bank House
27 King Street
Leeds
West Yorkshire
LS1 2HL

Installation Maintenance Solutions
Limited (Registered number: 08698040)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 65,718 44,890

CURRENT ASSETS
Debtors 5 313,521 274,568
Cash at bank and in hand 4,283 26,613
317,804 301,181
CREDITORS
Amounts falling due within one year 6 236,627 201,108
NET CURRENT ASSETS 81,177 100,073
TOTAL ASSETS LESS CURRENT
LIABILITIES

146,895

144,963

CREDITORS
Amounts falling due after more than
one year

7

38,019

26,860
NET ASSETS 108,876 118,103

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 108,874 118,101
SHAREHOLDERS' FUNDS 108,876 118,103

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

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

Installation Maintenance Solutions
Limited (Registered number: 08698040)

Balance Sheet - continued
30 September 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:




A Rudge - Director



T Bainczyk - Director


Installation Maintenance Solutions
Limited (Registered number: 08698040)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Installation Maintenance Solutions 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.

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

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.
Plant and machinery - 20% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Installation Maintenance Solutions
Limited (Registered number: 08698040)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 61,836 91,801 1,426 155,063
Additions - 43,995 - 43,995
At 30 September 2024 61,836 135,796 1,426 199,058
DEPRECIATION
At 1 October 2023 61,835 46,913 1,425 110,173
Charge for year - 23,167 - 23,167
At 30 September 2024 61,835 70,080 1,425 133,340
NET BOOK VALUE
At 30 September 2024 1 65,716 1 65,718
At 30 September 2023 1 44,888 1 44,890

Installation Maintenance Solutions
Limited (Registered number: 08698040)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023 86,751
Additions 43,995
At 30 September 2024 130,746
DEPRECIATION
At 1 October 2023 41,863
Charge for year 23,167
At 30 September 2024 65,030
NET BOOK VALUE
At 30 September 2024 65,716
At 30 September 2023 44,888

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 69,512 59,941
Other debtors 210,231 167,201
Directors' current accounts 26,679 38,202
VAT 7,099 9,224
313,521 274,568

Installation Maintenance Solutions
Limited (Registered number: 08698040)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 52,162 54,824
Hire purchase contracts 29,087 20,418
Trade creditors 39,255 1,951
Tax 28,737 14,985
Social security and other taxes (53,439 ) (22,371 )
Other creditors 183 202
Directors' current accounts 137,747 128,319
Accrued expenses 2,895 2,780
236,627 201,108

The directors loan account is interest free and repayable on demand.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 38,019 26,860

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
2 Ordinary 1 2 2