IGM Automated Entrances Limited Accounts






IGM Automated Entrances Limited

	Company No. 07859057
		Information for Filing with The Registrar
		31 March 2026

The Directors present their report and the accounts for the year ended 31 March 2026.

Principal activities
The principal activity of the company during the year under review was Roller Doors.




Directors

The Directors who served at any time during the year were as follows:

I. McGonigle
S. McGonigle
D. Morley
S. Morley






































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

I. McGonigle
Director
30 October 2026

at	31 March 2026
Company No.		07859057	Notes	2026	2025
				£	£
Fixed assets

	Tangible assets		5	381,040	384,094


				381,040	384,094
Current assets

	Debtors		6	172,455	135,622

	Cash at bank and in hand			52,526	106,878
				224,981	242,500
Creditors: Amount falling due within one year			7	(212,021)	(226,435)
Net current assets				12,960	16,065
Total assets less current liabilities				394,000	400,159
Creditors: Amounts falling due after more than one year			8	(57,433)	(45,765)



Net assets				336,567	354,394

Capital and reserves
	Called up share capital			100	100

	Revaluation reserve		10	110,349	110,349

	Profit and loss account		10	226,118	243,945

Total equity				336,567	354,394



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 30 October 2026 and signed on its behalf by:
I. McGonigle
Director
30 October 2026

for the year ended 31 March 2026

General information

IGM Automated Entrances Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07859057

Its registered office is:

Unit 34 Second Drove

Fengate

Peterborough

PE1 5XA

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the goods;
• the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

15% Reducing Balance

Motor vehicles

25% Reducing Balance

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).
Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. 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.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	10	10

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	108,442	101,284
		Charge for prior periods	-	(65)
		Total corporation tax	108,442	101,219





		Tax on profit on ordinary activities	108,442	101,219

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2026	2025
		788	£	£
		Profit on ordinary activities before tax	430,615	408,981

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	107,654	102,245
		Expenses not deductible for tax purposes	25	-
		Adjustments to charge in respect of prior periods	-	(65)

		Other short term timing differences	763	(961)

		Tax on profit on ordinary activities	108,442	101,219

5	Tangible fixed assets
			Land and buildings	Plant and machinery	Motor vehicles	Total
			£	£	£	£
		Cost or revaluation
		At 1 April 2025	240,000	49,026	230,986	520,012
		Additions	-	5,436	30,059	35,495



		At 31 March 2026	240,000	54,462	261,045	555,507
		Depreciation
		At 1 April 2025	-	26,107	109,811	135,918
		Charge for the year	-	3,871	34,678	38,549



		At 31 March 2026	-	29,978	144,489	174,467
		Net book values
		At 31 March 2026	240,000	24,484	116,556	381,040
		At 31 March 2025	240,000	22,919	121,175	384,094

6	Debtors
			2026	2025
			£	£
		Trade debtors	161,095	135,622






		Prepayments and accrued income	11,360	-
			172,455	135,622

7	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	6,897	4,490

		Obligations under finance lease and hire purchase contracts	32,763	50,936
		Trade creditors	41,227	55,635

		Taxes and social security	128,116	112,640
		Loans from directors	1,500	1,112
		Other creditors	1,185	1,288
		Accruals and deferred income	333	334
			212,021	226,435

8	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£



		Obligations under finance lease and hire purchase contracts	57,433	45,765




			57,433	45,765

Share Capital

90 Ordinary "A" Shares of £1 each fully paid. 10 Ordinary "B" Shares of £1 each fully paid.

10	Reserves
			Revaluation Reserve	Total other reserves
			£	£
		At 1 April 2024	110,349	110,349



		At 31 March 2025 and 1 April 2025	110,349	110,349



		At 31 March 2026	110,349	110,349

		Revaluation reserve - reflects the revaluation of property other than investment properties.


		Profit and loss account - includes all current and prior period retained profits and losses.

11	Dividends
			2026	2025
			£	£
		Dividends for the period:
		Dividends paid in the period	340,000	265,000

			340,000	265,000

		Dividends by type:

		Equity dividends	340,000	265,000
			340,000	265,000