REGISTERED NUMBER: 09583714 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

AILA IMAGES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B L Goldswain

Ms O Corewijn

REGISTERED OFFICE:

Fleming Court

Leigh Road

Eastleigh

Southampton

Hampshire

SO50 9PD

REGISTERED NUMBER:

09583714 (England and Wales)

FIXED ASSETS

Tangible assets

5

12,782

18,194

Investments

6

699,610

1,153,055

712,392

1,171,249

CURRENT ASSETS

Debtors

7

16,731

25,078

Investments

8

1,366,383

624,043

Cash at bank

430,640

919,533

1,813,754

1,568,654

CREDITORS

Amounts falling due within one year

9

50,513

15,875

NET CURRENT ASSETS

1,763,241

1,552,779

TOTAL ASSETS LESS CURRENT LIABILITIES

2,475,633

2,724,028

PROVISIONS FOR LIABILITIES

-

16,144

NET ASSETS

2,475,633

2,707,884

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

2,475,533

2,707,784

SHAREHOLDERS' FUNDS

2,475,633

2,707,884

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2026 and were signed on its behalf by:

Mr B L Goldswain - Director

1.	STATUTORY INFORMATION

Aila Images 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Aila Images Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT.

Tangible fixed assets

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

Plant and machinery

-

20% straight line

Computer equipment

-

20% straight line

All fixed assets are initially recorded at cost.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Other investments

Other investments are made up of listed investments held in an investment portfolio and these are recognised initially at fair value which is normally the transaction price. Subsequently, they are measured at fair value through profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 June 2024

55,381

27,456

82,837

Additions

471

-

471

Disposals

(13,100

)

(2,623

)

(15,723

)

At 31 May 2025

42,752

24,833

67,585

DEPRECIATION

At 1 June 2024

49,434

15,209

64,643

Charge for year

1,546

4,337

5,883

Eliminated on disposal

(13,100

)

(2,623

)

(15,723

)

At 31 May 2025

37,880

16,923

54,803

NET BOOK VALUE

At 31 May 2025

4,872

7,910

12,782

At 31 May 2024

5,947

12,247

18,194

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 June 2024

1,153,055

Additions

51,626

Disposals

(134,886

)

Revaluations

(370,185

)

At 31 May 2025

699,610

NET BOOK VALUE

At 31 May 2025

699,610

At 31 May 2024

1,153,055

Cost or valuation at 31 May 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2022

-

69,368

69,368

Valuation in 2023

-

(574,902

)

(574,902

)

Valuation in 2024

(5

)

126,229

126,224

Valuation in 2025

-

(453,445

)

(453,445

)

Cost

5

1,532,360

1,532,365

-

699,610

699,610

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

16,731

25,078

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

1,366,383

624,043

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

53

-

Taxation and social security

46,406

439

Other creditors

4,054

15,436

50,513

15,875

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

2025

2024

£

£

Mr B L Goldswain and Ms O Corewijn

Balance outstanding at start of year

-

12,259

Amounts advanced

11,537

69,876

Amounts repaid

(11,537

)

(82,135

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

This loan was unsecured with interest charged at HMRC approved rates and was repaid prior to the year end.

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with group companies where any subsidiary that is a party to the transaction is wholly owned within the group or where transactions have been undertaken under normal market conditions.