REGISTERED NUMBER: 07104954 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

IMAP CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr M P McKevitt

Mrs A L McKevitt

REGISTERED OFFICE:

Unit 4a/4b, Barrowmore Estate

Barnhouse Lane

Great Barrow

Chester

Cheshire

CH3 7JA

REGISTERED NUMBER:

07104954 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,376,005

2,478,285

2,376,005

2,478,285

CURRENT ASSETS

Debtors

6

295,014

350,851

Cash at bank and in hand

552,269

387,801

847,283

738,652

CREDITORS

Amounts falling due within one year

7

949,063

737,270

NET CURRENT (LIABILITIES)/ASSETS

(101,780

)

1,382

TOTAL ASSETS LESS CURRENT LIABILITIES

2,274,225

2,479,667

CREDITORS

Amounts falling due after more than one year

8

(764,501

)

(1,059,846

)

PROVISIONS FOR LIABILITIES

(47,771

)

(77,534

)

NET ASSETS

1,461,953

1,342,287

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

1,461,853

1,342,187

SHAREHOLDERS' FUNDS

1,461,953

1,342,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

Mr M P McKevitt - Director

1.	STATUTORY INFORMATION

iMap Centre 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 represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised over the remaining life of the contracts that were acquired.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

20% on reducing balance

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.

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 113 (2024 - 150 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

46,487

AMORTISATION

At 1 April 2024

and 31 March 2025

46,487

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

2,047,758

1,526,730

3,574,488

Additions

-

113,042

113,042

Disposals

(12,236

)

(118,239

)

(130,475

)

At 31 March 2025

2,035,522

1,521,533

3,557,055

DEPRECIATION

At 1 April 2024

326,207

769,996

1,096,203

Charge for year

46,943

164,648

211,591

Eliminated on disposal

(12,236

)

(114,508

)

(126,744

)

At 31 March 2025

360,914

820,136

1,181,050

NET BOOK VALUE

At 31 March 2025

1,674,608

701,397

2,376,005

At 31 March 2024

1,721,551

756,734

2,478,285

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

143,916

303,782

Other debtors

151,098

47,069

295,014

350,851

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

216,204

206,204

Trade creditors

203,408

23,110

Taxation and social security

413,693

386,010

Other creditors

115,758

121,946

949,063

737,270

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

473,916

702,261

Other creditors

290,585

357,585

764,501

1,059,846

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

153,900

213,678

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Bank loans

690,120

908,465

Bank loans are secured on the assets to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

100

Ordinary

£1

100

100