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REGISTERED NUMBER: 02963751 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Plusimage Limited

Plusimage Limited (Registered number: 02963751)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Plusimage Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: P M Belcher
M J Duffell





SECRETARY: M J Duffell





REGISTERED OFFICE: 21 Marsh Green Road
Marsh Barton
Exeter
Devon
EX2 8NY





REGISTERED NUMBER: 02963751 (England and Wales)





ACCOUNTANTS: Malcolm Jones & Co LLP
Accountants and Business Advisors
West Hill House
Allerton Hill
Chapel Allerton
Leeds
LS7 3QB

Plusimage Limited (Registered number: 02963751)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 20

CURRENT ASSETS
Stocks 29,215 28,336
Debtors 5 325,179 212,022
Cash at bank 81,573 134,467
435,967 374,825
CREDITORS
Amounts falling due within one year 6 201,562 192,126
NET CURRENT ASSETS 234,405 182,699
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,405

182,719

CREDITORS
Amounts falling due after more than one
year

7

387,529

387,529
NET LIABILITIES (153,124 ) (204,810 )

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings (153,130 ) (204,816 )
SHAREHOLDERS' FUNDS (153,124 ) (204,810 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Plusimage Limited (Registered number: 02963751)

Balance Sheet - continued
28 February 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:





P M Belcher - Director


Plusimage Limited (Registered number: 02963751)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Plusimage Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis. This assumes the continued support of the directors, members of their families and related party undertakings. This support has been maintained since the year end.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Deferred taxation
Provision is made at current rates for deferred taxation in respect of all material timing differences on a full basis.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 25 ) .

Plusimage Limited (Registered number: 02963751)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024
and 28 February 2025 110,310
DEPRECIATION
At 1 March 2024 110,290
Charge for year 20
At 28 February 2025 110,310
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 20

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 314,127 205,714
Other debtors 11,052 6,308
325,179 212,022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors 32,721 33,379
Taxation and social security 72,656 60,879
Other creditors 96,185 97,868
201,562 192,126

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Other creditors 387,529 387,529

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans due over 5 years 387,529 387,529