General Information
Immohite limited is a private company, limited by shares, registered in England and Wales, registration number 09847129, registration address River Suite, 3rd Floor, United Kingdom, 1000 Great West Road, Brentford, TW8 9DW.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably
Tangible assets
Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves.
If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery 20% straight line
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
|
| 2. |
Average number of employees
Average number of employees during the year was 0 (2024 : 0).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Total |
| |
£ |
|
£ |
| At 01 November 2024 |
36,891 |
|
36,891 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 October 2025 |
36,891 |
|
36,891 |
| Depreciation |
| At 01 November 2024 |
8,659 |
|
8,659 |
| Charge for year |
- |
|
- |
| On disposals |
- |
|
- |
| At 31 October 2025 |
8,659 |
|
8,659 |
| Net book values |
| Closing balance as at 31 October 2025 |
28,232 |
|
28,232 |
| Opening balance as at 01 November 2024 |
28,232 |
|
28,232 |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Interest Receivable and Other Income |
(1,129) |
|
(1,129) |
| Corporation Tax |
72 |
|
0 |
| VAT |
189 |
|
0 |
|
(868) |
|
(1,129) |
|
| 4. |
Debtors: amounts falling due after one year
|
2025
£ |
|
2024
£ |
| Section 455 Corporation Tax Recoverable |
17,325 |
|
17,325 |
| Directors Loan Accounts |
51,050 |
|
51,050 |
|
68,375 |
|
68,375 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
299 |
|
5,440 |
| Corporation Tax |
0 |
|
34,473 |
| Accrued Expenses |
350 |
|
350 |
| Other Creditors |
3,745 |
|
0 |
| Wages & Salaries Control Account |
1,200 |
|
1,200 |
| VAT |
0 |
|
8,983 |
|
5,594 |
|
50,446 |
|
| 6. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
3,236 |
|
3,236 |
| Accrued Expenses |
600 |
|
600 |
| Directors' Loan Accounts |
624 |
|
0 |
|
4,460 |
|
3,836 |
|
3
|