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Registered number: 07309919
Rock Solid Images International Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Passman Leonard Associates Limited
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 07309919
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,213 3,321
Investments 5 33,867 21,665
36,080 24,986
CURRENT ASSETS
Debtors 6 12,373 21,436
Cash at bank and in hand 1,000 30
13,373 21,466
Creditors: Amounts Falling Due Within One Year 7 (36,518 ) (25,310 )
NET CURRENT ASSETS (LIABILITIES) (23,145 ) (3,844 )
TOTAL ASSETS LESS CURRENT LIABILITIES 12,935 21,142
Creditors: Amounts Falling Due After More Than One Year 8 (3,316 ) (3,316 )
NET ASSETS 9,619 17,826
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 9,618 17,825
SHAREHOLDERS' FUNDS 9,619 17,826
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Stephen Baird
Director
25 September 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2023 1 12,947 12,948
Profit for the year and total comprehensive income - 4,878 4,878
As at 31 December 2023 and 1 January 2024 1 17,825 17,826
Loss for the year and total comprehensive income - (8,207 ) (8,207)
As at 31 December 2024 1 9,618 9,619
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Rock Solid Images International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07309919 . The registered office is Bentinck House, Bentinck Road, West Drayton, Middlesex, UB7 7RQ.
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. 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 10% & 14% straight line
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
Page 4
Page 5
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 14,912
As at 31 December 2024 14,912
Depreciation
As at 1 January 2024 11,591
Provided during the period 1,108
As at 31 December 2024 12,699
Net Book Value
As at 31 December 2024 2,213
As at 1 January 2024 3,321
5. Investments
Other
£
Cost or Valuation
As at 1 January 2024 21,665
Additions 12,202
As at 31 December 2024 33,867
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 33,867
As at 1 January 2024 21,665
6. Debtors
2024 2023
£ £
Due within one year
Corporation tax recoverable assets 10,813 11,892
Director's loan account - 7,984
Amounts owed by other participating interests 1,560 1,560
12,373 21,436
Included in the amountd owed by other participating interests is an amount of £1,560 (2023 - £1,560) owed by Seadragon Technical Services Limited, company incorporated and registered in the United Kingdom, in which Mr S. Baird is a director and shareholder.
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
VAT 16,682 21,610
Other creditors 2,250 2,350
Accruals 1,485 1,350
Director's loan account 16,101 -
36,518 25,310
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to related parties 3,316 3,316
Included in amounts owed to related parties is £3,316 (2023 - £3,316) owed to Rock Solid Images Inc, a company registered and incorporated in USA. 
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