Company registration number:
08304378
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UNAUDITED
FINANCIAL STATEMENTS
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FOR THE YEAR ENDED
31 MARCH 2022
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INTERNATIONAL MARKET MANAGEMENT LIMITED
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INTERNATIONAL MARKET MANAGEMENT LIMITED
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COMPANY INFORMATION
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Lady K L Alvingham
(appointed
26 September 2021
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INTERNATIONAL MARKET MANAGEMENT LIMITED
REGISTERED NUMBER:
08304378
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STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2022
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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INTERNATIONAL MARKET MANAGEMENT LIMITED
REGISTERED NUMBER:
08304378
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STATEMENT OF FINANCIAL POSITION
(CONTINUED)
AS AT
31 MARCH 2022
The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question 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 financial statements.
The
financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by
:
................................................
Mr D C Stewart
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The notes on pages 4 to 5 form part of these financial statements.
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INTERNATIONAL MARKET MANAGEMENT LIMITED
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STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED
31 MARCH 2022
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Comprehensive income for the year
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Total comprehensive income for the year
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Total transactions with owners
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Comprehensive income for the year
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Total comprehensive income for the year
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Shares issued during the year
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Total transactions with owners
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The notes on pages 4 to 5 form part of these financial statements.
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INTERNATIONAL MARKET MANAGEMENT LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
International Market Management Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office, is disclosed on the company information page. There is no principal place of business.
2.
Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of
Financial Reporting Standard 102, the Financial Reporting Standard applicable in
the UK and the Republic of Ireland and the Companies Act 2006
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The following principal accounting policies have been applied:
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The
company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006
not to prepare group accounts.
Investments in subsidiaries are measured at cost less accumulated impairment.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
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The average monthly number of employees, including directors, during the year was 3
(2021 -
3
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INTERNATIONAL MARKET MANAGEMENT LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
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Investments in subsidiary companies
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The company owns 100% of the issued share capital of IMMASSOCIATES Mauritius, a company incorporated in the Republic of Mauritius.
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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Allotted, called up and fully paid
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12,150,245
(2021 -
11,068,805
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Ordinary
shares of £
0.000001
each
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During the year 1,081,345 ordinary shares of £0.000001 each were issued and fully paid for cash at £1,270,000.
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