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Company Registration No. 04819978 (England and Wales)
V2 Imaging Limited Unaudited accounts for the year ended 30 June 2025
V2 Imaging Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
207
853
Current assets
Debtors
5
118
4,081
Cash at bank and in hand
8,481
11,173
8,599
15,254
Creditors: amounts falling due within one year
6
(1,097)
(330)
Net current assets
7,502
14,924
Total assets less current liabilities
7,709
15,777
Provisions for liabilities
Deferred tax
(39)
(162)
Net assets
7,670
15,615
Capital and reserves
Called up share capital
2
2
Profit and loss account
7,668
15,613
Shareholders' funds
7,670
15,615
For the year ending 30 June 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 March 2026 and were signed on its behalf by
Andrew Depledge Director Company Registration No. 04819978
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V2 Imaging Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
V2 Imaging Limited is a private company, limited by shares, registered in England and Wales, registration number 04819978. The registered office is 7 Greenway, Guiseley, Leeds, West Yorkshire, LS20 8HZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25.00% Straight Line
Plant & machinery
25.00% Straight Line
Computer equipment
33.33% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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V2 Imaging Limited Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
2,075
16,490
10,580
29,145
At 30 June 2025
2,075
16,490
10,580
29,145
Depreciation
At 1 July 2024
1,817
15,895
10,580
28,292
Charge for the year
258
388
-
646
At 30 June 2025
2,075
16,283
10,580
28,938
Net book value
At 30 June 2025
-
207
-
207
At 30 June 2024
258
595
-
853
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
118
4,081
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
45
614
Trade creditors
113
(41)
Taxes and social security
-
(243)
Loans from directors
6
-
Accruals
933
-
1,097
330
7
Transactions with related parties
The director, Mr Andrew Depledge, and his wife, Mrs Carolyn Depledge hold 100% of the share capital of the company and have received total dividends of £3,100 (2024- £23,186).
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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