IMS (1959) Consultancy Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12082718

IMS (1959) Consultancy Limited

Filleted Unaudited Financial Statements

31 July 2025

IMS (1959) Consultancy Limited

Statement of Financial Position

31 July 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	467	622

Current assets

Debtors	6	6,525	6,300
Cash at bank and in hand		64,238	60,021
		--------	--------
		70,763	66,321

Creditors: amounts falling due within one year	7	28,320	18,481
		--------	--------
Net current assets		42,443	47,840
		--------	--------
Total assets less current liabilities		42,910	48,462
		--------	--------
Net assets		42,910	48,462
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	42,810	48,362
	--------	--------
Shareholders funds	42,910	48,462
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

IMS (1959) Consultancy Limited

Statement of Financial Position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Mr I Shepherd

Director

Company registration number: 12082718

IMS (1959) Consultancy Limited

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Minton Place, Victoria Road, Bicester, Oxfordshire, OX26 6QB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% reducing balance

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 1 ).

5. Tangible assets

	Equipment
	£
Cost
At 1 August 2024 and 31 July 2025	1,737
	-------
Depreciation
At 1 August 2024	1,115
Charge for the year	155
	-------
At 31 July 2025	1,270
	-------
Carrying amount
At 31 July 2025	467
	-------
At 31 July 2024	622
	-------

6. Debtors

	2025	2024
	£	£
Other debtors	6,525	6,300
	-------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	488	–
Corporation tax	9,699	6,140
Other creditors	18,133	12,341
	--------	--------
	28,320	18,481
	--------	--------