REGISTERED NUMBER: 13032522 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

IM HOSPITALITY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Cufi

M Note

REGISTERED OFFICE:

1 Sheep Market

Sheep Market

Stamford

PE9 2QZ

REGISTERED NUMBER:

13032522 (England and Wales)

ACCOUNTANTS:

TC CH Limited

4 Office Village

Forder Way

Cygnet Park, Hampton

Peterborough

Cambridgeshire

PE7 8GX

FIXED ASSETS

Tangible assets

3

145,117

83,601

CURRENT ASSETS

Stocks

4

4,500

3,000

Debtors

5

71,996

97,764

Cash at bank and in hand

231,325

187,857

307,821

288,621

CREDITORS

Amounts falling due within one year

6

188,626

185,722

NET CURRENT ASSETS

119,195

102,899

TOTAL ASSETS LESS CURRENT LIABILITIES

264,312

186,500

PROVISIONS FOR LIABILITIES

7

29,170

13,633

NET ASSETS

235,142

172,867

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

235,140

172,865

SHAREHOLDERS' FUNDS

235,142

172,867

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by:

I Cufi - Director

M Note - Director

1.	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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover 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.

Improvements to property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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.

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.

Debtors

Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. 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.

Creditors

Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 21 ) .

3.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 December 2024

47,454

66,027

4,321

Additions

40,973

22,959

-

At 30 November 2025

88,427

88,986

4,321

DEPRECIATION

At 1 December 2024

3,726

41,206

879

Charge for year

1,747

10,664

432

At 30 November 2025

5,473

51,870

1,311

NET BOOK VALUE

At 30 November 2025

82,954

37,116

3,010

At 30 November 2024

43,728

24,821

3,442

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 December 2024

23,980

3,663

145,445

Additions

14,608

449

78,989

At 30 November 2025

38,588

4,112

224,434

DEPRECIATION

At 1 December 2024

13,863

2,170

61,844

Charge for year

4,051

579

17,473

At 30 November 2025

17,914

2,749

79,317

NET BOOK VALUE

At 30 November 2025

20,674

1,363

145,117

At 30 November 2024

10,117

1,493

83,601

4.

STOCKS

2025

2024

£

£

Stocks

4,500

3,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

69,571

93,543

Other debtors

2,425

3,510

Just Eat Control Account

-

711

71,996

97,764

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,099

2,742

Corporation tax

54,028

46,128

Social security and other taxes

6,606

4,812

Pensions Payable

1,189

944

Net Wages

-

221

VAT

26,919

31,967

IM Hospitality Credit Card

25

25

Directors' current accounts

93,760

98,883

188,626

185,722

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

29,170

13,633

Deferred

tax

£

Balance at 1 December 2024

13,633

Provided during year

15,537

Balance at 30 November 2025

29,170

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary A

1

1

1

1

Ordinary B

1

1

1

2

2

9.

RESERVES

Retained

earnings

£

At 1 December 2024

172,865

Profit for the year

151,392

Dividends

(89,117

)

At 30 November 2025

235,140

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date, the company owed a director M Note £69,499 (2024 : £72,061). This loan is unsecured, interest free and repayable on demand.

As at the balance sheet date, the company owed a director I Cufi £24,261 (2024 : £26,823 ). This loan is unsecured, interest free and repayable on demand.

11.	RELATED PARTY DISCLOSURES

As at the year end, the company was owed £69,571 (2024 £93,543) by IMASSETS LTD a connected company. This loan is unsecured, interest free and repayable on demand. The balance is included within other debtors.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are IC Assets Ltd and MN Catering Ltd by virtue of their 50:50 shareholding.