Company Registration Number 02310921 (England and Wales)
IMAS CORPORATE ADVISORS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2018
PAGES FOR FILING WITH REGISTRAR
IMAS CORPORATE ADVISORS LIMITED
BALANCE SHEET
AS AT 30 JUNE 2018
30 June 2018
- 1 -
2018
2017
£
£
£
£
Fixed assets
225,657
228,550
Current assets
850,304
888,158
Creditors: amounts falling due within one year
(18,221)
(13,853)
Net current assets
832,083
874,305
Total assets less current liabilities
1,057,740
1,102,855
Net assets
1,057,740
1,102,855
Capital and reserves
1,057,740
1,102,855
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year two loans were made to the directors' totalling £135,000. £55,000 was repaid prior to the accounting year end. At the year end £80,000 remained outstanding and this was repaid in September 2018. A market rate of interest of 2.5% was charged on these loans.
2
Employees
The average number of persons (including directors) employed by the company during the year was 0 (2017 - 0).
IMAS Corporate Advisors Limited is a private company limited by shares incorporated in England and Wales. The registered office is 28 Stockwell Park Crescent, London, SW9 0DE.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
IMAS CORPORATE ADVISORS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2018
30 June 2018
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 18 March 2019 and are signed on its behalf by:
Mr Oliver Laughton-Scott
Director
Company Registration Number 02310921