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Company Registration No. 03207722 (England and Wales)
The Right Image Ltd. Unaudited accounts for the year ended 30 June 2023
The Right Image Ltd. Unaudited accounts Contents
Page
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The Right Image Ltd. Company Information for the year ended 30 June 2023
Directors
C M Wright Mrs F C M Wright
Secretary
C M Wright
Company Number
03207722 (England and Wales)
Registered Office
8 Grimwood Road Twickenham Middlesex TW1 1BX
Accountants
G BAKER 12 Lower Icknield Way Aston Clinton Bucks HP22 5JS
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The Right Image Ltd. Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,632 
3,509 
Current assets
Debtors
27,908 
24,648 
Cash at bank and in hand
276,780 
219,548 
304,688 
244,196 
Creditors: amounts falling due within one year
(45,007)
(32,154)
Net current assets
259,681 
212,042 
Net assets
262,313 
215,551 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
262,311 
215,549 
Shareholders' funds
262,313 
215,551 
For the year ending 30 June 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by
C M Wright Director Company Registration No. 03207722
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The Right Image Ltd. Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
The Right Image Ltd. is a private company, limited by shares, registered in England and Wales, registration number 03207722. The registered office is 8 Grimwood Road, Twickenham, Middlesex, TW1 1BX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
150,000 
At 30 June 2023
150,000 
Amortisation
At 1 July 2022
150,000 
At 30 June 2023
150,000 
Net book value
At 30 June 2023
- 
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The Right Image Ltd. Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
16,369 
At 30 June 2023
16,369 
Depreciation
At 1 July 2022
12,860 
Charge for the year
877 
At 30 June 2023
13,737 
Net book value
At 30 June 2023
2,632 
At 30 June 2022
3,509 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,908 
18,526 
Accrued income and prepayments
- 
6,122 
27,908 
24,648 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
41 
34 
Taxes and social security
40,459 
26,402 
Other creditors
916 
1,539 
Loans from directors
91 
89 
Accruals
3,500 
4,090 
45,007 
32,154 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Operating lease commitments
2023 
2022 
£ 
£ 
At 30 June 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
7,580 
7,580 
Later than one year and not later than five years
21,722 
29,302 
29,302 
36,882 
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The Right Image Ltd. Notes to the Accounts for the year ended 30 June 2023
10
Average number of employees
During the year the average number of employees was 1 (2022: 3).
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