IMS Property Group Limited - Filleted accounts

Registered number

09418418

IMS Property Group Limited

Filleted Accounts

31 March 2026

IMS Property Group Limited
Registered number:		09418418
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,032,882			825,263

Current assets
Debtors	5	639,214			550,125
Cash at bank and in hand		58,676			63,048
		697,890			613,173

Creditors: amounts falling due within one year	6	(534,362)			(502,028)

Net current assets			163,528			111,145

Total assets less current liabilities			1,196,410			936,408

Creditors: amounts falling due after more than one year	7		(429,798)			(472,711)

Provisions for liabilities			(57,081)			(11,350)


Net assets			709,531			452,347

Capital and reserves
Called up share capital			100			100
Revaluation reserve	9		183,638			-
Profit and loss account			525,793			452,247

Shareholder's funds			709,531			452,347

The director is satisfied that the group is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the group to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs M Niziol
Director
Approved by the board on 18 September 2026

IMS Property Group Limited
Registered number:		09418418
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		765,529			765,529
Investments	4		201			201
			765,730			765,730

Current assets
Debtors	5	31,797			27,638
Cash at bank and in hand		13,006			9,286
		44,803			36,924

Creditors: amounts falling due within one year	6	(388,661)			(375,482)

Net current liabilities			(343,858)			(338,558)

Total assets less current liabilities			421,872			427,172

Creditors: amounts falling due after more than one year	7		(408,208)			(420,801)



Net assets			13,664			6,371

Capital and reserves
Called up share capital			100			100
Profit and loss account			13,564			6,271

Shareholder's funds			13,664			6,371

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs M Niziol
Director
Approved by the board on 18 September 2026

IMS Property Group Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Basis of consolidation
	The consolidated accounts incorporate those of IMS Property Group Limited and all of its subsidiaries (entities that the group controls through its power to govern the financial and operating policies so as to obtain economic benefits). Subsidiaries acquired during the year are consolidated using the purchase method and are incorporated from the date that control passes. All group company accounts are made up to the same year end and where necessary, adjustments are made to the accounts of subsidiaries to bring the accounting policies into line with the group accounting policies.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold improvements			20% straight line
	Plant and machinery			25% and 20% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					7		7


3	Tangible fixed assets
	Group			Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 April 2025			768,829		152,300		921,129
	Surplus on revaluation			234,471		-		234,471
	At 31 March 2026			1,003,300		152,300		1,155,600

	Depreciation
	At 1 April 2025			1,320		94,546		95,866
	Charge for the year			660		26,192		26,852
	At 31 March 2026			1,980		120,738		122,718

	Net book value
	At 31 March 2026			1,001,320		31,562		1,032,882
	At 31 March 2025			767,509		57,754		825,263



	Freehold land and buildings:					2026		2025
£							£
	Historical cost					765,529		765,529
	Cumulative depreciation based on historical cost					-		-
						765,529		765,529
	The director considers the fair market valuation of the freehold property to be £1,000,000. The director works within the property market industry and therfore has the required experience and expertise to review the current fair market valuation.


4	Investments	Group	Company
Investments in			Investments in
subsidiary			subsidiary
undertakings			undertakings				Total
		2026		2025		2026		2025
£			£				£
	Cost
	At 1 April 2025	-		-		201		201

	At 31 March 2026	-		-		201		201


5	Debtors	Group	Company
		2026		2025		2026		2025
£			£		£		£

	Trade debtors	51,124		26,269		-		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest	-		-		26,082		20,445
	Other debtors	588,090		523,856		-		-
		639,214		550,125		26,082		20,445


6	Creditors: amounts falling due within one year
Group			Company
		2026		2025		2026		2025
£			£		£		£

	Bank loans and overdrafts	53,918		53,285		-		-
	Trade creditors	64,149		45,952		-		-
	Amounts owed to group undertakings and undertakings in which the company has a participating interest	-		-		355,237		349,189
	Taxation and social security costs	58,672		63,392		-		-
	Other creditors	357,623		339,399		541		541
		534,362		502,028		355,778		349,730


7	Creditors: amounts falling due after one year
Group			Company
		2026		2025		2026		2025
£			£		£		£

	Bank loans	429,798		472,711		393,613		408,208


8	Loans					2026		2025
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					289,803		307,208


	Secured bank loans					419,565		433,458

	The bank loan is secured on the freehold property.


9	Revaluation reserve					2026		2025
£							£

	At 1 April 2025					-		-
	Gain on revaluation of land and buildings					234,471		-
	Deferred taxation arising on the revaluation of land and buildings					(50,833)		-

	At 31 March 2026					183,638		-


10	Loans to directors
	Description and conditions	B/fwd	Advances		Repaid		C/fwd
£			£		£		£
	Michelle Niziol
	Current Account	-		56,180		-		56,180

		-		56,180		-		56,180


11	Related party transactions

	The company has taken advantage of exemption available per paragraph 33.1A of FRS 102 whereby it has not disclosed transactions with the ultimate parent company or any wholly owned subsidiary undertaking of the group.


12	Controlling party

	The ultimate controlling party is Mrs M Niziol, the director, by virtue her 100% shareholding.


13	Other information

	IMS Property Group Limited is a private company limited by shares and incorporated in England. Its registered office is:
	18 Kings End
	Bicester
	Oxfordshire
	OX26 2AA