Company Registration No. 4990221 (England and Wales)
Image Interior Solutions Ltd
Unaudited accounts
for the year ended 31 January 2023
Image Interior Solutions Ltd
Unaudited accounts
Contents
Image Interior Solutions Ltd
Company Information
for the year ended 31 January 2023
Directors
M A Hume
H J Hume
Company Number
4990221 (England and Wales)
Registered Office
14 Caldecote Road
Ickwell
Biggleswade
Beds
SG18 9EH
UK
Accountants
A K Accounting Services
49 Hitchin Road
Upper Caldecote
Beds
SG18 9BU
Image Interior Solutions Ltd
Statement of financial position
as at 31 January 2023
Tangible assets
3,923
6,373
Cash at bank and in hand
16,275
-
Creditors: amounts falling due within one year
(118,395)
(277,177)
Net current (liabilities)/assets
(1,214)
2
Total assets less current liabilities
2,709
6,375
Creditors: amounts falling due after more than one year
-
(4,829)
Called up share capital
1,000
1,000
Profit and loss account
1,709
546
Shareholders' funds
2,709
1,546
For the year ending 31 January 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 17 October 2023 and were signed on its behalf by
M A Hume
Director
Company Registration No. 4990221
Image Interior Solutions Ltd
Notes to the Accounts
for the year ended 31 January 2023
Image Interior Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 4990221. The registered office is 14 Caldecote Road, Ickwell, Biggleswade, Beds, SG18 9EH, UK.
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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
16,803
17,285
15,513
49,601
Additions
990
-
2,166
3,156
At 31 January 2023
17,793
17,285
17,679
52,757
At 1 February 2022
15,886
13,828
13,514
43,228
Charge for the year
427
3,457
1,722
5,606
At 31 January 2023
16,313
17,285
15,236
48,834
At 31 January 2023
1,480
-
2,443
3,923
At 31 January 2022
917
3,457
1,999
6,373
Image Interior Solutions Ltd
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Trade debtors
18,046
196,589
Accrued income and prepayments
-
16,150
Other debtors
82,860
64,440
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
60,013
85,133
Trade creditors
28,951
156,685
Taxes and social security
29,431
35,359
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
4,829
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).