Acorah Software Products - Accounts Production 16.3.350 false true 31 May 2024 1 June 2023 true No description of principal activity 1 June 2024 31 May 2025 31 May 2025 08547942 Mr Vasile Ciobotaru iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08547942 2024-05-31 08547942 2025-05-31 08547942 2024-06-01 2025-05-31 08547942 frs-core:CurrentFinancialInstruments 2025-05-31 08547942 frs-core:Non-currentFinancialInstruments 2025-05-31 08547942 frs-core:ShareCapital 2025-05-31 08547942 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 08547942 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 08547942 frs-bus:FullAccounts 2024-06-01 2025-05-31 08547942 frs-bus:SmallEntities 2024-06-01 2025-05-31 08547942 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 08547942 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 08547942 frs-bus:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 08547942 frs-bus:Director1 2024-06-01 2025-05-31 08547942 frs-countries:EnglandWales 2024-06-01 2025-05-31 08547942 2023-05-31 08547942 2024-05-31 08547942 2023-06-01 2024-05-31 08547942 frs-core:CurrentFinancialInstruments 2024-05-31 08547942 frs-core:Non-currentFinancialInstruments 2024-05-31 08547942 frs-core:ShareCapital 2024-05-31 08547942 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 08547942
Imb Painting Limited
Director's Report and
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Company Information 1
Director's Report 2
Profit and Loss Account 3
Balance Sheet 4
Notes to the Financial Statements 5
Page 1
Company Information
Director Mr Vasile Ciobotaru
Company Number 08547942
Registered Office Radial House, Unit 110, 1st Floor 3 -5 Ripple Road
Barking
IG11 7NF
Page 1
Page 2
Director's Report
The director presents his report and the financial statements for the year ended 31 May 2025.
Directors
The director who held office during the year were as follows:
Mr Vasile Ciobotaru
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Vasile Ciobotaru
Director
27/06/2025
Page 2
Page 3
Profit and Loss Account
2025 2024
Notes £ £
TURNOVER 1,245,386 584,107
Cost of sales (1,158,920 ) (535,006 )
GROSS PROFIT 86,466 49,101
Administrative expenses (55,997 ) (28,574 )
OPERATING PROFIT 30,469 20,527
Other interest receivable and similar income - 188
Interest payable and similar charges (924 ) (992 )
PROFIT FOR THE FINANCIAL YEAR 29,545 19,723
The notes on page 5 form part of these financial statements.
Page 3
Page 4
Balance Sheet
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 118,461 7,511
Cash at bank and in hand 15,508 32,220
133,969 39,731
Creditors: Amounts Falling Due Within One Year 5 (283,698 ) (213,450 )
NET CURRENT ASSETS (LIABILITIES) (149,729 ) (173,719 )
TOTAL ASSETS LESS CURRENT LIABILITIES (149,729 ) (173,719 )
Creditors: Amounts Falling Due After More Than One Year 6 (31,019 ) (36,574 )
NET LIABILITIES (180,748 ) (210,293 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (180,749 ) (210,294 )
SHAREHOLDERS' FUNDS (180,748) (210,293)
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Vasile Ciobotaru
Director
27/06/2025
The notes on page 5 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Imb Painting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08547942 . The registered office is Radial House, Unit 110, 1st Floor 3 -5 Ripple Road, Barking, IG11 7NF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 118,461 7,511
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 144,077 133,635
Other creditors 90,754 75,443
Taxation and social security 48,867 4,372
283,698 213,450
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 31,019 36,574
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5