true
INDUSTRIAL MEDICAL GROUP LIMITED
05140794
2015-03-31
1097
1357
2297
2557
200
200
1000
1000
2297
2557
2078
2299
4375
4856
-6116
-6739
18094
24444
11978
17705
4577
17700
7401
5
10491
11595
10391
11495
100
100
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with applicable UK accounting standards.
Cash flow statement
The directors have taken advantage of the exemption in Financial Reporting Standard No 1 (Revised 1996) from including a cash flow statement in the financial statements on the grounds that the company is small.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date where transactions or events have occurred at that date that
will result in an obligation to pay more, or a right to pay less or to receive more tax, with
the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments)
of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement
assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose
of the assets concerned. However, no provision is made where, on the basis of all available
evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled
over into replacement assets and charged to tax only where the replacement assets are sold.
Deferred tax assets are recognised only to the extent that the directors consider that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected
to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.
Plant & Machinery
Straight line
0.0833
Fixtures & Fittings
Reducing balance
0.1500
22246
21342
904
11855
9847
2008
100
100
22346
21442
904
11855
9847
2008
There are no secured creditors.
Ordinary "A"
1
100
100
100
Ordinary "B"
1
100
100
100
2015-12-30
P McAloon
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
INDUSTRIAL MEDICAL GROUP LIMITED
2014-04-01
2015-03-31
INDUSTRIAL MEDICAL GROUP LIMITED
2013-04-01
2014-03-31
INDUSTRIAL MEDICAL GROUP LIMITED
2013-03-31
INDUSTRIAL MEDICAL GROUP LIMITED
2014-03-31
INDUSTRIAL MEDICAL GROUP LIMITED
2014-03-31
INDUSTRIAL MEDICAL GROUP LIMITED
2015-03-31
2015-12-30