IMAGE RETAIL SOLUTIONS LTD.

Company Registration Number:
09450326 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

IMAGE RETAIL SOLUTIONS LTD.

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

IMAGE RETAIL SOLUTIONS LTD.

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 758,930 644,488
Total fixed assets: 758,930 644,488
Current assets
Stocks: 12,486 10,487
Debtors: 4 101,567 163,424
Cash at bank and in hand: 242,293 172,362
Total current assets: 356,346 346,273
Creditors: amounts falling due within one year:   (130,850) (125,382)
Net current assets (liabilities): 225,496 220,891
Total assets less current liabilities: 984,426 865,379
Creditors: amounts falling due after more than one year:   (23,196) (33,193)
Total net assets (liabilities): 961,230 832,186
Capital and reserves
Called up share capital: 102 102
Profit and loss account: 961,128 832,084
Shareholders funds: 961,230 832,186

The notes form part of these financial statements

IMAGE RETAIL SOLUTIONS LTD.

Balance sheet statements

For the year ending 29 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 April 2024
and signed on behalf of the board by:

Name: Darren Windsor
Status: Director

The notes form part of these financial statements

IMAGE RETAIL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IMAGE RETAIL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

IMAGE RETAIL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Fixed investments

The company held funds in a General Investment Account comprising stocks and shares in publicly listed companies. The company also invested in unregulated, "peer-to-peer" loans.

IMAGE RETAIL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

IMAGE RETAIL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Loans to directors

Name of director receiving advance or credit:
Description of the loan: A close participator loan subject to interest at 2.25%
£
Balance at 01 March 2023 60,296
Advances or credits repaid: 60,296
Balance at 29 February 2024 0
Name of director receiving advance or credit:
Description of the loan: A close participator loan subject to interest at 2.25%
£
Balance at 01 March 2023 60,296
Advances or credits repaid: 60,296
Balance at 29 February 2024 0
Name of director receiving advance or credit:
Description of the loan: A close participator loan subject to interest at 2.25%
£
Balance at 01 March 2023 0
Advances or credits made: 64,050
Advances or credits repaid: 27,128
Balance at 29 February 2024 36,922
Name of director receiving advance or credit:
Description of the loan: A close participator loan subject to interest at 2.25%
£
Balance at 01 March 2023 0
Advances or credits made: 64,050
Advances or credits repaid: 27,128
Balance at 29 February 2024 36,922

The outstanding loans to close participators amounting to £73,844 at the end of the accounting period were fully repaid on 8th April 2024.