Millers Image Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 10644338

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,983		3,048

			2,983		3,048
CURRENT ASSETS
Cash at bank and in hand		1,018		1,631

		1,018		1,631
Creditors: Amounts Falling Due Within One Year	5	(14,232 )		(17,153 )

NET CURRENT ASSETS (LIABILITIES)			(13,214 )		(15,522 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(10,231 )		(12,474 )

NET LIABILITIES			(10,231 )		(12,474 )

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			(10,331 )		(12,574 )

SHAREHOLDERS' FUNDS			(10,231)		(12,474)

For the year ending 30 April 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Christopher Miller

Director

26/09/2025

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

1. General Information

Millers Image Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10644338 . The registered office is 24-28, Brockenhurst Road, Ascot, Berkshire, SL5 9DL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis even though at the balance sheet date the company had net liabilities of £11,440 (2021: £10,344) . The directors consider the going concern basis to be appropriate because, in their opinion, the company will continue to obtain sufficient funding from its shareholders to enable it to pay its debts as they fall due, for at least the ensuing twelve months.

If the company was unable to continue obtaining sufficient funding to enable it to pay its debts as they fell due, it would be unable to continue trading and adjustments would have to be made to reduce the value of assets to their realisable amounts, to provide for any further liabilities which might arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33.33% straight line
Computer Equipment	33.33% straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 May 2024	10,912	8,812	19,724
Additions	739	300	1,039

As at 30 April 2025	11,651	9,112	20,763

...CONTINUED

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Millers Image Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Depreciation
As at 1 May 2024	7,864	8,812	16,676
Provided during the period	1,004	100	1,104

As at 30 April 2025	8,868	8,912	17,780

Net Book Value
As at 30 April 2025	2,783	200	2,983

As at 1 May 2024	3,048	-	3,048

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	1,116	1,512
Directors' loan accounts	13,116	15,641

	14,232	17,153

6. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
50 Ordinary A shares of £ 1 each	50	50
50 Ordinary B shares of £ 1 each	50	50

	100	100

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