Independent Marketing Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 04131300 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2023 to 31 December 2023

for

Independent Marketing Limited

Trading as

IM London

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C Beecher

Mr R W J Ankers

REGISTERED OFFICE:

The Barn Calcot

Mount Calcot Lane

Curdridge

Southampton

SO32 2BN

REGISTERED NUMBER:

04131300 (England and Wales)

ACCOUNTANTS:

Xitax Limited

Pera Business Park

Nottingham Road

Melton Mowbray

Leicestershire

LE13 0PB

FIXED ASSETS

Tangible assets

4

1,320

2,167

CURRENT ASSETS

Debtors

98,596

93,306

Cash at bank

7,609

25,721

106,205

119,027

CREDITORS

Amounts falling due within one year

54,755

40,172

NET CURRENT ASSETS

51,450

78,855

TOTAL ASSETS LESS CURRENT LIABILITIES

52,770

81,022

CAPITAL AND RESERVES

Called up share capital

65,100

65,100

Retained earnings

(12,330

)

15,922

SHAREHOLDERS' FUNDS

52,770

81,022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 February 2024 and were signed on its behalf by:

Mr R W J Ankers - Director

1.	STATUTORY INFORMATION

Independent Marketing 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

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.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the period 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 period 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 period was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2023

and 31 December 2023

8,908

DEPRECIATION

At 1 April 2023

6,741

Charge for period

847

At 31 December 2023

7,588

NET BOOK VALUE

At 31 December 2023

1,320

At 31 March 2023

2,167

5.	RELATED PARTY DISCLOSURES

The amounts owed by group undertakings relate to intercompany loans to the parent company, 21 Six Investments Limited. The amounts are repayable on demand.

6.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is 21 Six Investments Limited which is a company registered in England and Wales and holds 100% of the issued share capital of Independent Marketing Limited.