REGISTERED NUMBER: 07472192 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

I-VIEW LONDON LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Accountants' Report

8

DIRECTORS:

B Qureshi

I B Roca

J Zeunges

SECRETARY:

J D Diggle

REGISTERED OFFICE:

Wellington House

125-130 Strand

London

WC2R 0AP

REGISTERED NUMBER:

07472192 (England and Wales)

ACCOUNTANTS:

TC Group

Office: Croydon - TC SWP

3rd Floor, Suffolk House

George Street

Croydon

CR0 0YN

FIXED ASSETS

Property, plant and equipment

4

37,633

70,668

CURRENT ASSETS

Debtors

5

297,186

338,182

Cash at bank and in hand

76,618

116,359

373,804

454,541

CREDITORS

Amounts falling due within one year

6

454,501

587,703

NET CURRENT LIABILITIES

(80,697

)

(133,162

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(43,064

)

(62,494

)

CREDITORS

Amounts falling due after more than one year

7

(70,251

)

(135,072

)

PROVISIONS FOR LIABILITIES

(57,649

)

(47,424

)

NET LIABILITIES

(170,964

)

(244,990

)

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

(171,264

)

(245,290

)

SHAREHOLDERS' FUNDS

(170,964

)

(244,990

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th September 2025 and were signed on its behalf by:

B Qureshi - Director

1.	STATUTORY INFORMATION

i-view London 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.

During the year, the company continued to recover from the COVID-19 pandemic disruption to the business. The business is now profitable and cash generating.

The Board believe the company to be able to meet its liabilities as they fall due for a period of at least 12 months from the date the financial statements were authorised for issue. Accordingly, the Board are satisfied that the financial statements should be prepared on the going concern basis.

Turnover

Turnover represents charges made for the use of the studio and the ancillary services provided to clients and is recognised in the accounts by reference to the date of the booking.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

in accordance with the lease

Improvements to property

-

in accordance with the lease

Plant and machinery

-

20% on cost and at varying rates on cost

Fixtures and fittings

-

10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

Short

to

Plant and

and

leasehold

property

machinery

fittings

Totals

£

£

£

£

£

COST

At 1st January 2024

25,026

317,163

170,064

44,582

556,835

Additions

-

-

3,247

-

3,247

At 31st December 2024

25,026

317,163

173,311

44,582

560,082

DEPRECIATION

At 1st January 2024

20,022

253,729

168,978

43,438

486,167

Charge for year

2,503

31,716

1,736

327

36,282

At 31st December 2024

22,525

285,445

170,714

43,765

522,449

NET BOOK VALUE

At 31st December 2024

2,501

31,718

2,597

817

37,633

At 31st December 2023

5,004

63,434

1,086

1,144

70,668

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

223,253

267,020

Other debtors

499

-

Directors' current accounts

1,789

1,471

Prepayments

71,645

69,691

297,186

338,182

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

58,544

55,879

Other loans

-

25,000

Trade creditors

225,774

264,950

Tax

76,500

63,579

Social security and other taxes

5,800

6,242

VAT

20,691

24,148

Other creditors

3,050

1,613

Accrued expenses

64,142

146,292

454,501

587,703

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 2-5 years

70,251

135,072

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

360,490

360,490

Between one and five years

152,591

513,081

513,081

873,571

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

128,795

190,951

Fixed and floating charges over all property and assets.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

31.12.24

31.12.23

£

£

B Qureshi

Balance outstanding at start of year

1,471

-

Amounts advanced

1,789

1,471

Amounts repaid

(1,471

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,789

1,471

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31st December 2024.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

TC Group

Office: Croydon - TC SWP

3rd Floor, Suffolk House

George Street

Croydon

CR0 0YN

26th September 2025