Company Registration No. 07301305 (England and Wales)
IMAGE EXCLUSIVE LTD.
Unaudited accounts
for the year ended 31 December 2021
IMAGE EXCLUSIVE LTD.
Unaudited accounts
Contents
IMAGE EXCLUSIVE LTD.
Company Information
for the year ended 31 December 2021
Director
Richard Stanfield
Company Number
07301305 (England and Wales)
Registered Office
5 HOME FARM CLOSE
WADENHOE
OUNDLE
NORTHAMPTONSHIRE
PE8 5TE
Accountants
Nineteen Accountants Limited
207 Rockingham Road
Kettering
United Kingdom
NN16 9JA
IMAGE EXCLUSIVE LTD.
Statement of financial position
as at
31 December 2021
Tangible assets
8,737
12,157
Cash at bank and in hand
21,571
9,636
Creditors: amounts falling due within one year
(25,079)
(8,146)
Net current assets
53,394
31,813
Called up share capital
2
2
Profit and loss account
62,129
43,968
Shareholders' funds
62,131
43,970
For the year ending 31 December 2021 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 16 July 2022 and were signed on its behalf by
Richard Stanfield
Director
Company Registration No. 07301305
IMAGE EXCLUSIVE LTD.
Notes to the Accounts
for the year ended 31 December 2021
IMAGE EXCLUSIVE LTD. is a private company, limited by shares, registered in England and Wales, registration number 07301305. The registered office is 5 HOME FARM CLOSE, WADENHOE, OUNDLE, NORTHAMPTONSHIRE, PE8 5TE.
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
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2021
1,000
32,612
33,612
At 31 December 2021
1,000
32,612
33,612
At 1 January 2021
-
21,455
21,455
Charge for the year
-
3,420
3,420
At 31 December 2021
-
24,875
24,875
At 31 December 2021
1,000
7,737
8,737
At 31 December 2020
1,000
11,157
12,157
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
56,902
30,323
IMAGE EXCLUSIVE LTD.
Notes to the Accounts
for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
8,451
2,027
Loans from directors
7,726
3,925
7
Average number of employees
During the year the average number of employees was 5 (2020: 5).