06549978falsespecialist retailer and retail & management consultants2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06549978

Image Ideas Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

Prepared By:
J D Services (South East) Limited
Chartered Certified Accountants
95 London Road
Maidstone
Kent
ME16 0EB

Image Ideas Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
DIRECTORS
Jacqueline Richards
REGISTERED OFFICE
1 Greenacres at Kenward Trust
Kenward Road
Maidstone
Kent
ME18 6AH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06549978
ACCOUNTANTS
J D Services (South East) Limited
Chartered Certified Accountants
95 London Road
Maidstone
Kent
ME16 0EB

Image Ideas Limited

ACCOUNTS
FOR THEYEARENDED31 MARCH 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Image Ideas Limited

BALANCE SHEET AT 31 March 2024
20242023
Notes££
FIXED ASSETS
Tangible assets236,03535,972
CURRENT ASSETS
Stock1,3352,175
Debtors426,06326,105
Cash at bank and in hand64,96353,625
92,36181,905
CREDITORS: Amounts falling due within one year543,91434,147
NET CURRENT ASSETS48,44747,758
TOTAL ASSETS LESS CURRENT LIABILITIES84,48283,730
CREDITORS: Amounts falling due after more than one year610,00018,000
PROVISIONS FOR LIABILITIES AND CHARGES86,7846,759
NET ASSETS67,69858,971
CAPITAL AND RESERVES
Called up share capital9160160
Profit and loss account67,53858,811
SHAREHOLDERS' FUNDS67,69858,971
For the year ending 31 March 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 18 November 2024 and signed on their behalf by
.............................
Jacqueline Richards
Director

Image Ideas Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentstraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Image Ideas Limited

2. TANGIBLE FIXED ASSETS
CommercialFixtures
Vehiclesand FittingsEquipmentTotal
££££
Cost
At 1 April 202314,00025340,51554,768
Additions-79211,60212,394
At 31 March 202414,0001,04552,11767,162
Depreciation
At 1 April 20233,5003515,26118,796
For the year2,6251049,60212,331
At 31 March 20246,12513924,86331,127
Net Book Amounts
At 31 March 20247,87590627,25436,035
At 31 March 202310,50021825,25435,972
3. STOCK 20242023
££
Stock comprises:
Stock of finished goods1,3352,175
1,3352,175
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors26,06324,427
VAT-1,678
26,06326,105

Image Ideas Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax8,7589,181
VAT1-
Directors current account588148
Bank Loan8,0008,000
Credit card-243
Trade creditors25,61114,595
Other creditors1061,130
Accruals850850
43,91434,147
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr10,00018,000
10,00018,000
7. EMPLOYEES
20242023
No.No.
Average number of employees22
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation6,7846,759
6,7846,759

Image Ideas Limited

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
40 Class A shares of £1 each4040
20 Class B shares of £1 each2020
160160
10. CONTROLLING PARTY
The controlling party is Mrs Jacqueline Richards.