Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31false2024-04-01Other service activities not elsewhere classified1111truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06126548 2024-04-01 2025-03-31 06126548 2023-04-01 2024-03-31 06126548 2025-03-31 06126548 2024-03-31 06126548 c:Director2 2024-04-01 2025-03-31 06126548 c:Director3 2024-04-01 2025-03-31 06126548 d:PlantMachinery 2024-04-01 2025-03-31 06126548 d:PlantMachinery 2025-03-31 06126548 d:PlantMachinery 2024-03-31 06126548 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06126548 d:MotorVehicles 2024-04-01 2025-03-31 06126548 d:MotorVehicles 2025-03-31 06126548 d:MotorVehicles 2024-03-31 06126548 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06126548 d:FurnitureFittings 2024-04-01 2025-03-31 06126548 d:FurnitureFittings 2025-03-31 06126548 d:FurnitureFittings 2024-03-31 06126548 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06126548 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06126548 d:CurrentFinancialInstruments 2025-03-31 06126548 d:CurrentFinancialInstruments 2024-03-31 06126548 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 06126548 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06126548 d:ShareCapital 2025-03-31 06126548 d:ShareCapital 2024-03-31 06126548 d:SharePremium 2025-03-31 06126548 d:SharePremium 2024-03-31 06126548 d:RetainedEarningsAccumulatedLosses 2025-03-31 06126548 d:RetainedEarningsAccumulatedLosses 2024-03-31 06126548 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 06126548 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 06126548 c:OrdinaryShareClass1 2024-04-01 2025-03-31 06126548 c:OrdinaryShareClass1 2025-03-31 06126548 c:OrdinaryShareClass1 2024-03-31 06126548 c:FRS102 2024-04-01 2025-03-31 06126548 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06126548 c:FullAccounts 2024-04-01 2025-03-31 06126548 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06126548 2 2024-04-01 2025-03-31 06126548 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 06126548









IGMA IMAGING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
IGMA IMAGING LIMITED
REGISTERED NUMBER: 06126548

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Intangible assets
  
-
-

Tangible assets
 4 
332,517
281,714

  
332,517
281,714

Current assets
  

Debtors: amounts falling due within one year
 5 
311,442
377,118

Cash at bank and in hand
 6 
632,288
706,792

  
943,730
1,083,910

Creditors: amounts falling due within one year
 7 
(216,642)
(299,375)

Net current assets
  
 
 
727,088
 
 
784,535

Total assets less current liabilities
  
1,059,605
1,066,249

Provisions for liabilities
  

Deferred tax
 8 
(83,130)
(70,429)

  
 
 
(83,130)
 
 
(70,429)

Net assets
  
976,475
995,820


Capital and reserves
  

Called up share capital 
 9 
125
125

Share premium account
  
109,975
109,975

Profit and loss account
  
866,375
885,720

  
976,475
995,820

Page 1

 
IGMA IMAGING LIMITED
REGISTERED NUMBER: 06126548
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 July 2025.




A S Kasza-Martin
G E Martin
Director
Director

The notes on pages 3 to 10 form part of these financial statements.
Page 2

 
IGMA IMAGING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

The company is a private company limited by shares, registered in UK. The address of the registered office is Charles Lake House, Claire Causeway, Crossways Business Park, Dartford, Kent, DA2 6QA. The principal activity of the company continued to be that of large format print and interior fabrication.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
IGMA IMAGING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Leased assets: the company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Page 4

 
IGMA IMAGING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 5

 
IGMA IMAGING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.10

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.11

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.12

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.14

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 6

 
IGMA IMAGING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.16

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.

 
2.17

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 11 (2024 - 11).

Page 7

 
IGMA IMAGING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 April 2024
815,409
181,010
68,604
1,065,023


Additions
62,971
86,664
5,081
154,716


Disposals
-
(53,090)
-
(53,090)



At 31 March 2025

878,380
214,584
73,685
1,166,649



Depreciation


At 1 April 2024
635,003
87,169
61,137
783,309


Charge for the year on owned assets
56,910
32,522
2,079
91,511


Disposals
-
(40,688)
-
(40,688)



At 31 March 2025

691,913
79,003
63,216
834,132



Net book value



At 31 March 2025
186,467
135,581
10,469
332,517



At 31 March 2024
180,406
93,841
7,467
281,714

Page 8

 
IGMA IMAGING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Debtors

2025
2024
£
£


Trade debtors
266,712
333,221

Other debtors
29,065
32,065

Prepayments and accrued income
15,665
11,832

311,442
377,118



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
632,288
706,792

632,288
706,792



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
47,649
78,433

Corporation tax
9,882
63,071

Other taxation and social security
47,714
48,408

Other creditors
103,380
101,096

Accruals and deferred income
8,017
8,367

216,642
299,375



8.


Deferred taxation




2025


£






At beginning of year
(70,429)


Charged to profit or loss
(12,701)



At end of year
(83,130)

Page 9

 
IGMA IMAGING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
 
8.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(83,130)
(70,429)

(83,130)
(70,429)


9.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



125 (2024 - 125) Ordinary shares shares of £1.00 each
125
125



10.


Related party transactions

Included within other creditors due within one year is an amount owed the directors and shareholders of £103,380 (2024: £100,260). The directors had interest in dividends voted of £90,000 (2024: £90,000).

 
Page 10