I H M Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03941097

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		2,876		4,314
Tangible Assets	5		2,928		3,905

			5,804		8,219
CURRENT ASSETS
Debtors	6	73,606		74,131
Cash at bank and in hand		88,185		115,605

		161,791		189,736
Creditors: Amounts Falling Due Within One Year	7	(43,448 )		(35,826 )

NET CURRENT ASSETS (LIABILITIES)			118,343		153,910

TOTAL ASSETS LESS CURRENT LIABILITIES			124,147		162,129

Creditors: Amounts Falling Due After More Than One Year	8		(1,500 )		(7,500 )

NET ASSETS			122,647		154,629

CAPITAL AND RESERVES
Called up share capital	9		8,100		8,100
Profit and Loss Account			114,547		146,529

SHAREHOLDERS' FUNDS			122,647		154,629

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I H M Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

J M Bentley Director	G D Hills Director
18th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

I H M Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03941097 . The registered office is 1 Moulton Park Office Village, Scirocco Close, Northampton, Northamptonshire, NN3 6AP.

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

The company's turnover represents the value, excluding value added tax, of goods and services supplied to customers during the year.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the aquisition of a business in 2022, is being amortised evenly over it's estimated useful life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% on reducing balance

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

2.6. Pensions

The company operates a defined contribution pension scheme. Contributions patable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	7,190

As at 31 March 2025	7,190

Amortisation
As at 1 April 2024	2,876
Provided during the period	1,438

As at 31 March 2025	4,314

Net Book Value
As at 31 March 2025	2,876

As at 1 April 2024	4,314

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I H M Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	44,793

As at 31 March 2025	44,793

Depreciation
As at 1 April 2024	40,888
Provided during the period	977

As at 31 March 2025	41,865

Net Book Value
As at 31 March 2025	2,928

As at 1 April 2024	3,905

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	33,740	34,265
Other debtors	39,866	39,866

	73,606	74,131

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	641	1,197
Bank loans and overdrafts	6,000	6,000
Other creditors	6,417	7,929
Taxation and social security	30,390	20,700

	43,448	35,826

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,500	7,500

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	8,100	8,100

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