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iMAD Research Limited
Filleted accounts
31 March 2025
Company registration number: 15274529
iMAD Research Limited
Directors and other information
Directors Mr A Abhishek
Mr K Khanna
Company number 15274529
Registered office The Old Dairy
12 Stephen Road
Headington
Oxford
OX3 9AY
Accountants Cox Hinkins & Co. Limited
Accountants and Taxation Advisors
The Old Dairy
12 Stephen Road
Headington
Oxford
OX3 9AY
iMAD Research Limited
Balance sheet
31st March 2025
31/03/25
Note £ £
Current assets
Debtors 5 32,067
Cash at bank and in hand 51,477
_______
83,544
Creditors: amounts falling due
within one year 6 ( 66,400)
_______
Net current assets 17,144
_______
Net assets 17,144
_______
Capital and reserves
Called up share capital 7 10,000
Profit and loss account 7,144
_______
Shareholders funds 17,144
_______
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit & loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 08 August 2025 , and are signed on behalf of the board by:
Mr A Abhishek
Director
Company registration number: 15274529
iMAD Research Limited
Notes to the financial statements
Period ended 31st March 2025
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is The Old Dairy, 12 Stephen Road, Headington, Oxford, OX3 9AY. The company incorporated on 10 November 2023 and commenced trading shortly thereafter. The principal activity of the company during the period was the provision of market research services.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis . The principal accounting policies are set out below. The financial statements are prepared in sterling which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is not recognised in respect of any timing differences at the reporting date as all are insignificant. Unrelieved tax losses and other deferred tax assets are not recognised as it is uncertain when they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractualarrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1
5. Debtors
31/03/25
£
Trade debtors 31,492
Other debtors 575
_______
32,067
_______
6. Creditors: amounts falling due within one year
31/03/25
£
Trade creditors 43,580
Social security and other taxes 6,809
Other creditors 16,011
_______
66,400
_______
7. Called up share capital
Issued, called up and fully paid
31/03/25
No £
Ordinary shares of £ 1.00 each 10,000 10,000
_______ _______
Share movements
No £
Ordinary :
At 10th November 2023 - -
Issue of shares 10,000 10,000
_______ _______
At 31st March 2025 10,000 10,000
_______ _______