REGISTERED NUMBER: 00426373 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

INTERNATIONAL MARKETERS (LONDON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTOR:

C I Polak

REGISTERED OFFICE:

The Workshops

Lower Norton Farm

Sutton Scotney

Winchester

Hampshire

SO21 3NE

REGISTERED NUMBER:

00426373 (England and Wales)

ACCOUNTANTS:

Rothmans LLP

Avebury House

St Peter Street

Winchester

Hampshire

SO23 8BN

FIXED ASSETS

Tangible assets

4

392,864

369,583

CURRENT ASSETS

Stocks

2,083,117

1,851,045

Debtors

5

879,573

694,278

Cash at bank and in hand

668,685

734,138

3,631,375

3,279,461

CREDITORS

Amounts falling due within one year

6

891,110

668,415

NET CURRENT ASSETS

2,740,265

2,611,046

TOTAL ASSETS LESS CURRENT LIABILITIES

3,133,129

2,980,629

CREDITORS

Amounts falling due after more than one year

7

-

(22,898

)

PROVISIONS FOR LIABILITIES

(877

)

(12,109

)

NET ASSETS

3,132,252

2,945,622

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

3,122,252

2,935,622

3,132,252

2,945,622

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 director acknowledges his 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 by the director and authorised for issue on 16 September 2025 and were signed by:

C I Polak - Director

1.	STATUTORY INFORMATION

International Marketers (London) 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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business and is shown net of VAT.

The following criteria must also be met before revenue is recognised:

Sale of goods: Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services: Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion. Stage of completion is measured by reference to labour hours incurred to date as a percentage of total estimated labour hours for each contract. Where the contract outcome cannot be measured reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Plant and Machinery - 50% straight line

Motor Vehicles - 33% straight line

Computer Equipment - 25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. It only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method less any impairment.

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting date.

Financial assets are derecognised only when the contractual rights to cash flows from the asset expire or are settled, or the risks and rewards of ownership are transferred.

Basic financial liabilities

Basic financial liabilities, including trade and other payables are initially recognised at transaction price.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

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.

Foreign currencies

Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of exchange ruling at the date of the transaction. Balances at the year-end denominated in a foreign

currency are translated into sterling at the rate of exchange ruling at the balance sheet date.

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 8 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

636,707

388,538

-

1,025,245

Additions

313,800

93,043

1,251

408,094

Disposals

(116,470

)

(60,474

)

-

(176,944

)

At 31 December 2024

834,037

421,107

1,251

1,256,395

DEPRECIATION

At 1 January 2024

408,297

247,364

-

655,661

Charge for year

260,579

89,399

235

350,213

Eliminated on disposal

(81,869

)

(60,474

)

-

(142,343

)

At 31 December 2024

587,007

276,289

235

863,531

NET BOOK VALUE

At 31 December 2024

247,030

144,818

1,016

392,864

At 31 December 2023

228,410

141,174

-

369,584

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

670,723

486,514

Amounts owed by group undertakings

116,335

-

Other debtors

92,515

207,764

879,573

694,278

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

583

34

Hire purchase contracts

-

12,948

Trade creditors

493,453

395,126

Taxation and social security

330,343

242,347

Other creditors

66,731

17,960

891,110

668,415

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

-

22,898

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

J T Polak

Balance outstanding at start of year

114,403

40,200

Amounts advanced

-

77,203

Amounts repaid

(114,403

)

(3,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

114,403

C I Polak

Balance outstanding at start of year

2,761

2,761

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,761

2,761

Interest has been charged on the balance owed by J T Polak at the HMRC official rate and the loan is repayable on demand. Following a restructuring transaction in October 2024, J T Polak resigned as a director and the loan to J T Polak was cleared.

The loan to C I Polak is interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, following a restructuring transaction in October 2024, International Marketers (London) Limited was owed £116,335 by INMALO Holdings Limited. INMALO Holdings Limited is the sole shareholder of the company.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of International Marketers (London) Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of International Marketers (London) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of International Marketers (London) Limited and state those matters that we have agreed to state to the director of International Marketers (London) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than International Marketers (London) Limited and its director for our work or for this report.

It is your duty to ensure that International Marketers (London) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of International Marketers (London) Limited. You consider that International Marketers (London) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of International Marketers (London) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothmans LLP

Avebury House

St Peter Street

Winchester

Hampshire

SO23 8BN

25 September 2025