REGISTERED NUMBER: 05643467 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

IMS (North) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Wood

REGISTERED OFFICE:

2 Emley Drive

Scawsby

Doncaster

South Yorkshire

DN5 8RL

REGISTERED NUMBER:

05643467 (England and Wales)

ACCOUNTANTS:

Royston Parkin Limited

2 President Buildings

Savile Street East

Sheffield

South Yorkshire

S4 7UQ

FIXED ASSETS

Property, plant and equipment

4

187,297

97,141

CURRENT ASSETS

Debtors

5

179,970

110,538

Cash at bank

665,103

554,078

845,073

664,616

CREDITORS

Amounts falling due within one year

6

331,548

211,823

NET CURRENT ASSETS

513,525

452,793

TOTAL ASSETS LESS CURRENT LIABILITIES

700,822

549,934

CREDITORS

Amounts falling due after more than one year

7

-

(6,745

)

PROVISIONS FOR LIABILITIES

(46,824

)

(24,285

)

NET ASSETS

653,998

518,904

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

653,996

518,902

SHAREHOLDERS' FUNDS

653,998

518,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 25 June 2026 and were signed by:

G Wood - Director

1.	STATUTORY INFORMATION

IMS (North) 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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 (2024 - 6 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 October 2024

44,448

31,584

4,826

Additions

-

42,500

-

Disposals

-

-

-

At 30 September 2025

44,448

74,084

4,826

DEPRECIATION

At 1 October 2024

34,502

14,871

3,754

Charge for year

5,264

8,882

161

Eliminated on disposal

-

-

-

At 30 September 2025

39,766

23,753

3,915

NET BOOK VALUE

At 30 September 2025

4,682

50,331

911

At 30 September 2024

9,946

16,713

1,072

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

100,660

18,868

200,386

Additions

318,289

-

360,789

Disposals

(260,117

)

-

(260,117

)

At 30 September 2025

158,832

18,868

301,058

DEPRECIATION

At 1 October 2024

32,022

18,096

103,245

Charge for year

27,965

192

42,464

Eliminated on disposal

(31,948

)

-

(31,948

)

At 30 September 2025

28,039

18,288

113,761

NET BOOK VALUE

At 30 September 2025

130,793

580

187,297

At 30 September 2024

68,638

772

97,141

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

179,970

110,538

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,740

8,485

Hire purchase contracts

-

6,042

Taxation and social security

116,851

191,710

Other creditors

207,957

5,586

331,548

211,823

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

6,745

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

G Wood

Balance outstanding at start of year

108,018

52,707

Amounts advanced

52,138

109,150

Amounts repaid

(175,663

)

(53,839

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(15,507

)

108,018

The loan had no fixed terms and interest was charged @2.25%

9.	ULTIMATE CONTROLLING PARTY

The Sole Director, Mr Gavin Wood, controls 100% of the share capital at the balance sheet date.