Company Registration No. 4812992 (England and Wales)
IMAGINOVATION LTD.
Unaudited accounts
for the year ended 30 June 2022
IMAGINOVATION LTD.
Unaudited accounts
Contents
IMAGINOVATION LTD.
Company Information
for the year ended 30 June 2022
Company Number
4812992 (England and Wales)
Registered Office
36 MARINE TOWER
ABINGER GROVE
LONDON
SE8 5UY
ENGLAND
Accountants
AA MATTHEW & CO
NEWSPRING HOUSE
3 WORCESTER AVENUE
OLD SWAN
LIVERPOOL
L13 9AZ
IMAGINOVATION LTD.
Statement of financial position
as at
30 June 2022
Tangible assets
7,093
2,337
Cash at bank and in hand
1,574
6,641
Creditors: amounts falling due within one year
(10,915)
(11,431)
Net current liabilities
(9,341)
(4,790)
Net liabilities
(2,248)
(2,453)
Called up share capital
2
2
Profit and loss account
(2,250)
(2,455)
Shareholders' funds
(2,248)
(2,453)
For the year ending 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 March 2023 and were signed on its behalf by
MR TOLU SHOFULE
Director
Company Registration No. 4812992
IMAGINOVATION LTD.
Notes to the Accounts
for the year ended 30 June 2022
IMAGINOVATION LTD. is a private company, limited by shares, registered in England and Wales, registration number 4812992. The registered office is 36 MARINE TOWER, ABINGER GROVE, LONDON, SE8 5UY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2021
6,700
6,721
13,421
Additions
4,000
3,121
7,121
At 30 June 2022
10,700
9,842
20,542
At 1 July 2021
4,580
6,504
11,084
Charge for the year
1,530
835
2,365
At 30 June 2022
6,110
7,339
13,449
At 30 June 2022
4,590
2,503
7,093
At 30 June 2021
2,120
217
2,337
IMAGINOVATION LTD.
Notes to the Accounts
for the year ended 30 June 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
731
731
Loans from directors
9,684
7,957
6
Capital commitments
2022
2021
There were no capital commitments at the end of the period.
At the date of the balance sheet there were no contingent liabilities.
There were no Directors Advances and credits therefore terms of credit and interest rates did not arise in the period.
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).