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COMPANY REGISTRATION NUMBER: 05786389

Image 90 Limited

Filleted Unaudited Financial Statements

31 May 2025

Image 90 Limited

Financial Statements

Year ended 31 May 2025

Contents | Pages

Balance sheet | 1 to 2

Notes to the financial statements | 3 to 6

Image 90 Limited

Balance Sheet

31 May 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 1,496 | 1,996

Current assets

Stocks | 17,425 | 14,065
Debtors | 6 | 75,062 | 75,712
Cash at bank and in hand | 554 | 723
| -------- | --------
| 93,041 | 90,500

Creditors: amounts falling due within one year | 7 | 62,693 | 55,406
| -------- | --------
Net current assets | 30,348 | 35,094
| -------- | --------
Total assets less current liabilities | 31,844 | 37,090

Creditors: amounts falling due after more than one year | 8 | 24,856 | 30,346

Provisions

Taxation including deferred tax | 314 | 379
| -------- | --------
Net assets | 6,674 | 6,365
| -------- | --------

Capital and reserves

Called up share capital | 2 | 2
Profit and loss account | 6,672 | 6,363
| ------- | -------
Shareholders funds | 6,674 | 6,365
| ------- | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit & loss has not been delivered.
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Image 90 Limited

Balance Sheet (continued)

31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 15 October 2025 , and are signed on behalf of the board by:

Mrs G Durose
Director

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Notes to the Financial Statements

Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 12, Far Green Industrial Estate, Chell Street, Stoke-on-Trent, ST1 6AZ. The company registration number is 05786389 .
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.
Judgements and key sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: As described in the accounting policies of the financial statements, depreciation of tangible assets has been based on estimated useful lifes and residual values deemed appropriate by the directors. Estimated useful lifes and residual values are reviewed annually and revised as appropriate. Revisions take in to account actual asset lifes and residual values as evidenced by disposals during current and prior accounting periods.
Revenue recognition
Turnover comprises the value of sales (exclusive of VAT and trade discounts) of goods and services provided in the normal course of business. Turnover in respect of service contracts is recognised when the company obtains the right to receive consideration for services provided.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Computer equipment | - | 20% straight line
| Plant and machinery | - | 25% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost represents the purchase invoice price and net realisable value is the estimated proceeds from the sale of stock items, less all future costs to completion, costs to be incurred in marketing, selling and distributing.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The basic financial instruments of the company are as follows: Debtors Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired. Cash at bank and in hand This comprises cash at bank and in hand. Trade creditors Trade creditors are not interest bearing and are stated at their nominal value.
Defined contribution plans
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 7 (2024: 6 ).
5. Tangible assets

| Computer equipment | Plant and machinery | Total
| £ | £ | £
Cost |  |  |
At 1 June 2024 and 31 May 2025 | 4,822 | 19,487 | 24,309
| ------- | -------- | --------
Depreciation |  |  |
At 1 June 2024 | 4,822 | 17,491 | 22,313
Charge for the year | – | 500 | 500
| ------- | -------- | --------
At 31 May 2025 | 4,822 | 17,991 | 22,813
| ------- | -------- | --------
Carrying amount |  |  |
At 31 May 2025 | – | 1,496 | 1,496
| ------- | -------- | --------
At 31 May 2024 | – | 1,996 | 1,996
| ------- | -------- | --------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 58,578 | 50,917
Other debtors | 16,484 | 24,795
| -------- | --------
| 75,062 | 75,712
| -------- | --------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 30,714 | 35,767
Trade creditors | 4,682 | 4,574
Corporation tax | 14,636 | –
Social security and other taxes | 10,256 | 12,763
Other creditors | 2,405 | 2,302
| -------- | --------
| 62,693 | 55,406
| -------- | --------

National Westminster Bank PLC hold fixed and floating charges over the undertaking and all property and assets present and future for all monies due or to become due from the company to the chargee on any account whatsoever.
8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 24,856 | 30,346
| -------- | --------

The bank loan in favour of National Westminster Bank PLC is unsecured. Included within creditors: amounts falling due after more than one year is an amount of £Nil (2024: £1,547) in respect of liabilities payable by instalments which fall due for payment after more than five years.
9. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 | 2024
| £ | £
Not later than 1 year | 27,917 | 25,917
Later than 1 year and not later than 5 years | 31,167 | 59,083
| -------- | --------
| 59,084 | 85,000
| -------- | --------

10. Directors' advances, credits and guarantees
During the year the directors have maintained current accounts with the company. The total balance on these accounts at the start of the year was £21,945 (2024 - £24,957) and was included in other debtors (2024 - other debtors). Total advances during the year were £65,046 (2024 - £72,061). Total repayments during the year were £72,406 (2024 - £75,073). The total balance at the end of the year is £14,585 (2024 - £21,945) and is included in other debtors (2024 - other debtors). The advances were on an interest free basis.