Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31falsefalsetrue2024-01-01trueproduction of photo albums22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08297491 2024-01-01 2024-12-31 08297491 2023-01-01 2023-12-31 08297491 2024-12-31 08297491 2023-12-31 08297491 c:Director1 2024-01-01 2024-12-31 08297491 d:FurnitureFittings 2024-01-01 2024-12-31 08297491 d:FurnitureFittings 2024-12-31 08297491 d:FurnitureFittings 2023-12-31 08297491 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08297491 d:OfficeEquipment 2024-01-01 2024-12-31 08297491 d:OfficeEquipment 2024-12-31 08297491 d:OfficeEquipment 2023-12-31 08297491 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08297491 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08297491 d:CurrentFinancialInstruments 2024-12-31 08297491 d:CurrentFinancialInstruments 2023-12-31 08297491 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 08297491 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08297491 d:ShareCapital 2024-12-31 08297491 d:ShareCapital 2023-12-31 08297491 d:RetainedEarningsAccumulatedLosses 2024-12-31 08297491 d:RetainedEarningsAccumulatedLosses 2023-12-31 08297491 c:FRS102 2024-01-01 2024-12-31 08297491 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08297491 c:FullAccounts 2024-01-01 2024-12-31 08297491 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08297491 2 2024-01-01 2024-12-31 08297491 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 08297491










LIVING IMAGES DESIGN LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
LIVING IMAGES DESIGN LIMITED
REGISTERED NUMBER: 08297491

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,381
3,710

  
6,381
3,710

Current assets
  

Debtors: amounts falling due within one year
 5 
2,625
439

Cash at bank and in hand
 6 
2,906
7,495

  
5,531
7,934

Creditors: amounts falling due within one year
 7 
(60,834)
(60,700)

Net current liabilities
  
 
 
(55,303)
 
 
(52,766)

Total assets less current liabilities
  
(48,922)
(49,056)

  

Net liabilities
  
(48,922)
(49,056)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(48,923)
(49,057)

  
(48,922)
(49,056)

Page 1

 
LIVING IMAGES DESIGN LIMITED
REGISTERED NUMBER: 08297491
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

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 profit and loss account 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 by: 




C L Hughes
Director

Date: 23 July 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
LIVING IMAGES DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Living Images Design Limited is a private company limited by shares and incorporated in England and Wales. The registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW. The company's registered number is 08297491.

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

Going concern

The financial statements have been prepared on a going concern basis based on the continued support of the company's creditors and financiers which, in the opinion of the directors, the company has for the foreseeable future.

 
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.

 
2.4

Interest income

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

 
2.5

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.

Page 3

 
LIVING IMAGES DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Straight line
Office equipment
-
20%
Straight line

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.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

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.

 
2.8

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
LIVING IMAGES DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost 


At 1 January 2024
1,472
16,725
18,197


Additions
716
3,227
3,943



At 31 December 2024

2,188
19,952
22,140



Depreciation


At 1 January 2024
1,439
13,048
14,487


Charge for the year on owned assets
102
1,170
1,272



At 31 December 2024

1,541
14,218
15,759



Net book value



At 31 December 2024
647
5,734
6,381



At 31 December 2023
33
3,677
3,710


5.


Debtors

2024
2023
£
£


Trade debtors
2,400
-

Other debtors
225
439

2,625
439



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,906
7,495


Page 5

 
LIVING IMAGES DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
68
367

Other creditors
58,946
58,654

Accruals and deferred income
1,820
1,679

60,834
60,700



8.


Related party transactions

Included in other creditors is an interest free loan to the value of £58,946 (2023 - £58,654) owed to the directors. This is repayable on demand.

 
Page 6