REGISTERED NUMBER: 12397680 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

IMIG UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J B Tribe

Ms C C Frutier

REGISTERED OFFICE:

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

REGISTERED NUMBER:

12397680 (England and Wales)

ACCOUNTANTS:

Gibson Whitter

Chartered Accountants

and Chartered Tax Advisers

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

FIXED ASSETS

Tangible assets

4

38,127

56,716

Investments

5

445,132

420,509

483,259

477,225

CURRENT ASSETS

Debtors

6

318,468

388,246

Cash at bank

687,828

268,643

1,006,296

656,889

CREDITORS

Amounts falling due within one year

7

794,345

417,012

NET CURRENT ASSETS

211,951

239,877

TOTAL ASSETS LESS CURRENT LIABILITIES

695,210

717,102

CREDITORS

Amounts falling due after more than one year

8

(100,773

)

(143,365

)

PROVISIONS FOR LIABILITIES

9

(9,532

)

(14,179

)

NET ASSETS

584,905

559,558

CAPITAL AND RESERVES

Called up share capital

120

150

Capital redemption reserve

30

-

Retained earnings

584,755

559,408

SHAREHOLDERS' FUNDS

584,905

559,558

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 and authorised for issue by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:

Mr A J B Tribe - Director

1.	STATUTORY INFORMATION

IMIG UK 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.

Plant and machinery etc

-

Straight line over 3 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

85,973

Additions

833

At 31 December 2024

86,806

DEPRECIATION

At 1 January 2024

29,257

Charge for year

19,422

At 31 December 2024

48,679

NET BOOK VALUE

At 31 December 2024

38,127

At 31 December 2023

56,716

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

420,509

Additions

24,623

At 31 December 2024

445,132

NET BOOK VALUE

At 31 December 2024

445,132

At 31 December 2023

420,509

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

314,735

249,544

Amounts owed by group undertakings

-

137,131

Other debtors

3,733

1,571

318,468

388,246

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

26,667

26,667

Hire purchase contracts

15,926

15,926

Trade creditors

104,829

42,541

Amounts owed to group undertakings

216,252

-

Taxation and social security

308,726

114,822

Other creditors

121,945

217,056

794,345

417,012

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

75,556

102,222

Hire purchase contracts

25,217

41,143

100,773

143,365

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

9,532

14,179

Deferred

tax

£

Balance at 1 January 2024

14,179

Utilised during year

(4,647

)

Balance at 31 December 2024

9,532

10.	RELATED PARTY DISCLOSURES

The aggregate amount owed to the directors at the balance sheet date is £1,424 (31.12.23: £1,355).

The aggregate amount owed by connected companies at the balance sheet date is £323,266 (31.12.23: owed to £101,296).

During the year the company made sales to connected companies totalling £67,937 (31.12.23: £1,422,797).

During the year the company charged loan interest to connected companies totalling £18,950 (31.12.23: £16,416).

During the year the company was invoiced by connected companies totalling £773,922 (31.12.23: £432,392) for consultancy, advertising and recharges.

During the year the company was charged loan interest by connected companies totalling £Nil (31.12.23: £1,334).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is the parent company Atlas Clever Consultants Limited.

The ultimate controlling party is Mr A J B Tribe.