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Registered number: 4195723
Imajinn Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Amber Consultancy
11 Ragged Hall Lane
Chiswell Green
St Albans
Herts
AL2 3LB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 4195723
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,286 7,977
7,286 7,977
CURRENT ASSETS
Debtors 5 686 429
Cash at bank and in hand (6,016 ) 29
(5,330 ) 458
Creditors: Amounts Falling Due Within One Year 6 (47,329 ) (47,407 )
NET CURRENT ASSETS (LIABILITIES) (52,659 ) (46,949 )
TOTAL ASSETS LESS CURRENT LIABILITIES (45,373 ) (38,972 )
Creditors: Amounts Falling Due After More Than One Year 7 - (8,442 )
NET LIABILITIES (45,373 ) (47,414 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Revaluation reserve 11 14,386 14,386
Profit and Loss Account (60,759 ) (62,800 )
SHAREHOLDERS' FUNDS (45,373) (47,414)
Page 1
Page 2
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
Mrs Julie Toomey
Director
26/06/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Imajinn Limited is a private company, limited by shares, incorporated in England & Wales, registered number 4195723 . The registered office is 139 Abbots Road, Abbots Langley, Herts, WD5 0BJ.
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. 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Leasehold 20%
Computer Equipment 20%
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 1
Sales, marketing and distribution 2 2
3 3
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4. Tangible Assets
Land & Property
Leasehold Computer Equipment Total
£ £ £
Cost
As at 1 May 2024 15,150 46,497 61,647
Additions - 1,737 1,737
As at 30 April 2025 15,150 48,234 63,384
Depreciation
As at 1 May 2024 13,265 40,405 53,670
Provided during the period 471 1,957 2,428
As at 30 April 2025 13,736 42,362 56,098
Net Book Value
As at 30 April 2025 1,414 5,872 7,286
As at 1 May 2024 1,885 6,092 7,977
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 686 429
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,234 426
Bank loans and overdrafts 13,821 18,680
Other taxes and social security 776 489
VAT 2,909 848
Net wages - 2,425
Pension Payments Due 364 958
Accruals and deferred income 825 1,074
Government grants within one year 14,754 14,754
Directors' loan accounts 11,426 7,753
Connor Toomey Control 1,220 -
47,329 47,407
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - HSBC, Lloyds & Barclays (Long term liabilities - creditors > 1 year) - 8,442
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
10. Dividends
11. Reserves
Revaluation Reserve
£
As at 1 May 2024 14,386
As at 30 April 2025 14,386
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