IMJ Associates Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 03690914

IMJ Associates Limited

Unaudited Financial Statements

for the Year Ended 5 April 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

Report of the Accountants

5

DIRECTORS:

I Johns

Mrs M Johns

SECRETARY:

I Johns

REGISTERED OFFICE:

3 Hargrave Close

Sawbridge Road

Grandborough

Rugby

Warwickshire

CV23 8DS

REGISTERED NUMBER:

03690914

ACCOUNTANTS:

Astute Services Ltd

4 Daventry Road

Dunchurch

Warwickshire

CV22 6NS

FIXED ASSETS

Tangible assets

4

2,023

1,547

CURRENT ASSETS

Debtors

5

31,304

-

Cash at bank

6,271

47,544

37,575

47,544

CREDITORS

Amounts falling due within one year

6

36,495

48,042

NET CURRENT ASSETS/(LIABILITIES)

1,080

(498

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,103

1,049

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,003

949

SHAREHOLDERS' FUNDS

3,103

1,049

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 11 November 2017 and were signed on its behalf by:

I Johns - Director

1.	STATUTORY INFORMATION

IMJ Associates Limited is a private company, limited by shares , registered in Not specified/Other. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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

-

10% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2016

4,368

Additions

701

At 5 April 2017

5,069

DEPRECIATION

At 6 April 2016

2,821

Charge for year

225

At 5 April 2017

3,046

NET BOOK VALUE

At 5 April 2017

2,023

At 5 April 2016

1,547

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5/4/17

5/4/16

£

£

Trade debtors

6,300

-

Other debtors

25,004

-

31,304

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5/4/17

5/4/16

£

£

Trade creditors

72

72

Taxation and social security

36,423

44,930

Other creditors

-

3,040

36,495

48,042

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £130,000 (2016 - £150,000) were paid to the directors .

Included in other debtors is an amount £25,004 (2016: £-3,040) owed to the company by Mr & Mrs Johns who

are directors and shareholders. Interest has been charged at the applicable HMRC rate. The loan was repaid

within 9 months of the financial year end.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr I Johns and Mrs M Johns.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and

certain other primary statements and the Report of the Directors are not required to be filed with the Registrar

of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 5 April 2017 set out on pages one to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Astute Services Ltd

4 Daventry Road

Dunchurch

Warwickshire

CV22 6NS

Date: .............................................