ACCOUNTS - Final Accounts

Registered number: 12991782

INTEGRATED BRAND MANAGEMENT SERVICES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

INTEGRATED BRAND MANAGEMENT SERVICES LIMITED

REGISTERED NUMBER: 12991782

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	751,405		394,284
Cash at bank and in hand		79,098		99,987
			830,503		494,271
Creditors: amounts falling due within one year	5		(808,072)		(449,553)
Net assets			22,431		44,718

Capital and reserves
Called up share capital	6	37	37
Profit and loss account		22,394	44,681
		22,431	44,718

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S J Lee

Director

Date: 30 September 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1

INTEGRATED BRAND MANAGEMENT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Integrated Brand Management Services Limited ("the Company") is a private company limited by shares and incorporated in England and Wales. The address of its registered office is Unit C, John Tate Road, Foxholes Business Park, Hertford, SG13 7DT.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 2

INTEGRATED BRAND MANAGEMENT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Taxation

Tax is recognised in the Statement of income and retained earnings except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.7

Creditors

Short-term creditors are measured at the transaction price.

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 54 (2023 - 51).

Page 3

INTEGRATED BRAND MANAGEMENT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Trade debtors	654,722	199,841
Amounts owed by group undertakings	96,483	153,863
Other debtors	200	2
Prepayments and accrued income	-	40,578
	751,405	394,284

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	13,973	-
Amounts owed to group undertakings	27,356	27,356
Corporation tax	37,004	-
Other taxation and social security	83,627	122,154
Other creditors	625,112	5,842
Accruals and deferred income	21,000	294,201
	808,072	449,553

6.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

30 (2023 - 30) Ordinary A shares of £1 each	30	30
1 (2023 - 1) Ordinary B share of £1	1	1
1 (2023 - 1) Ordinary C share of £1	1	1
1 (2023 - 1) Ordinary D share of £1	1	1
1 (2023 - 1) Ordinary E share of £1	1	1
1 (2023 - 1) Ordinary F share of £1	1	1
1 (2023 - 1) Ordinary G share of £1	1	1
1 (2023 - 1) Ordinary H share of £1	1	1

	37	37

Page 4

INTEGRATED BRAND MANAGEMENT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

7.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £28,333 (2023 - £28,266). Contributions totalling £6,136 (2023 - £5,842) were payable to the fund at the balance sheet date and are included in creditors.

8.	Related party transactions
	During the year the Company engaged in transactions with an entity that holds a participating interest in the Company. At the period end, the Company was owed £60,582 (2023 - £303,788) by this entity.

Page 5