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Registered number: 06421541
Image Design Custom Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Sue Chambers Accounting
8 Othello Drive
Waterlooville
Hants
PO7 8LA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06421541
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 78,550 78,550
Tangible Assets 5 89,778 102,358
168,328 180,908
CURRENT ASSETS
Stocks 6 29,850 34,000
Debtors 7 159,133 166,258
Cash at bank and in hand 7 3,233
188,990 203,491
Creditors: Amounts Falling Due Within One Year 8 (319,272 ) (348,680 )
NET CURRENT ASSETS (LIABILITIES) (130,282 ) (145,189 )
TOTAL ASSETS LESS CURRENT LIABILITIES 38,046 35,719
Creditors: Amounts Falling Due After More Than One Year 9 (1,988 ) (23,327 )
NET ASSETS 36,058 12,392
CAPITAL AND RESERVES
Called up share capital 10 99 99
Revaluation reserve 11 90,000 90,000
Profit and Loss Account (54,041 ) (77,707 )
SHAREHOLDERS' FUNDS 36,058 12,392
Page 1
Page 2
For the year ending 31 March 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 Thomas Fuller
Director
Mr Stephen Roke
Director
30th December 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
Image Design Custom Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06421541 . The registered office is Unit 7D, Bridge Trade & Industrial Park, Bridge Road, Camberley, Surrey, GU15 2QR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets.
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:
Leasehold 20% reducing balance
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 11)
10 11
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 78,550
As at 31 March 2025 78,550
Net Book Value
As at 31 March 2025 78,550
As at 1 April 2024 78,550
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 92,081 37,721 23,778 153,580
As at 31 March 2025 92,081 37,721 23,778 153,580
Depreciation
As at 1 April 2024 11,208 24,053 15,961 51,222
Provided during the period 8,967 2,050 1,563 12,580
As at 31 March 2025 20,175 26,103 17,524 63,802
Net Book Value
As at 31 March 2025 71,906 11,618 6,254 89,778
As at 1 April 2024 80,873 13,668 7,817 102,358
6. Stocks
2025 2024
£ £
Stock 29,850 34,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 122,840 136,415
Prepayments and accrued income 34,487 28,360
Other debtors 1,806 1,483
159,133 166,258
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 82,456 41,029
Bank loans and overdrafts 22,005 6,047
Other taxes and social security 12,477 54,650
VAT 29,710 64,624
Other creditors 1,128 1,061
Directors' loan accounts 171,496 181,269
319,272 348,680
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,988 23,327
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 99 99
11. Reserves
Revaluation Reserve
£
As at 1 April 2024 90,000
As at 31 March 2025 90,000
Page 5