Image House Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01785174 (England and Wales)

IMAGE HOUSE LIMITED

Unaudited Financial Statements for the Year Ended 30 April 2025

Page

Accountants' Report

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Image House Limited for the year ended 30 April 2025 which comprise the Profit and loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the director of Image House Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Image House Limited and state those matters that we have agreed to state to the director of Image House Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Image House Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Image House Limited. You consider that Image House Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Image House Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cooper Parry Advisory Limited

CUBO Birmingham

4th Floor

Two Chamberlain Square

Birmingham

West Midlands

B3 3AX

14 January 2026

Fixed assets

Tangible assets

4

-

Investment property

5

175,000

Current assets

Debtors

6

11,091

5,359

Cash at bank

133,392

189,853

144,483

195,212

Creditors

Amounts falling due within one year

7

74,967

75,008

Net current assets

69,516

120,204

Total assets less current liabilities

244,516

295,204

Capital and reserves

Called up share capital

10,000

Retained earnings

234,516

285,204

Shareholders' funds

244,516

295,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 January 2026 and were signed by:

S S Chopra - Director

1.	Company information

Image House Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01785174

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

2.	Accounting policies

Accounting convention

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. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Tangible fixed assets are initially recognised at cost less accumulated depreciation and any accumulated impairment losses.

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

Motor Vehicles - 33% on cost

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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 the transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Tangible fixed assets

Motor

vehicles

£

Cost

At 1 May 2024

and 30 April 2025

9,800

Depreciation

At 1 May 2024

and 30 April 2025

9,800

Net book value

At 30 April 2025

-

At 30 April 2024

-

5.	Investment property

Total

£

Fair value

At 1 May 2024

and 30 April 2025

175,000

Net book value

At 30 April 2025

175,000

At 30 April 2024

175,000

6.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

5,732

-

Prepayments

5,359

11,091

5,359

7.

Creditors: amounts falling due within one year

2025

2024

£

VAT

562

970

Other creditors

67,452

Directors' current accounts

4,403

4,086

Accrued expenses

2,550

2,500

74,967

75,008

8.	Related party disclosures

The following amounts were outstanding at the reporting end date:

2025

2024

Amounts owed to related parties

£

Key management personnel

-

511

Other related parties

67,452

The following amounts were outstanding at the reporting end date:

2025

2024

Amounts owed by related parties

£

Other related parties

99,752