Silverfin false false 30/06/2025 01/07/2024 30/06/2025 Mr M Luck 01/03/2015 Mrs M Luck 30/03/2012 16 March 2026 The principle activity of the Company during the financial year was the retail of office stationary, furniture and related products. 07638793 2025-06-30 07638793 bus:Director1 2025-06-30 07638793 bus:Director2 2025-06-30 07638793 2024-06-30 07638793 core:CurrentFinancialInstruments 2025-06-30 07638793 core:CurrentFinancialInstruments 2024-06-30 07638793 core:Non-currentFinancialInstruments 2025-06-30 07638793 core:Non-currentFinancialInstruments 2024-06-30 07638793 core:ShareCapital 2025-06-30 07638793 core:ShareCapital 2024-06-30 07638793 core:CapitalRedemptionReserve 2025-06-30 07638793 core:CapitalRedemptionReserve 2024-06-30 07638793 core:RetainedEarningsAccumulatedLosses 2025-06-30 07638793 core:RetainedEarningsAccumulatedLosses 2024-06-30 07638793 core:Vehicles 2024-06-30 07638793 core:FurnitureFittings 2024-06-30 07638793 core:OfficeEquipment 2024-06-30 07638793 core:Vehicles 2025-06-30 07638793 core:FurnitureFittings 2025-06-30 07638793 core:OfficeEquipment 2025-06-30 07638793 bus:OrdinaryShareClass1 2025-06-30 07638793 bus:OrdinaryShareClass2 2025-06-30 07638793 2024-07-01 2025-06-30 07638793 bus:FilletedAccounts 2024-07-01 2025-06-30 07638793 bus:SmallEntities 2024-07-01 2025-06-30 07638793 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 07638793 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 07638793 bus:Director1 2024-07-01 2025-06-30 07638793 bus:Director2 2024-07-01 2025-06-30 07638793 core:Vehicles core:TopRangeValue 2024-07-01 2025-06-30 07638793 core:FurnitureFittings 2024-07-01 2025-06-30 07638793 core:OfficeEquipment core:TopRangeValue 2024-07-01 2025-06-30 07638793 2023-07-01 2024-06-30 07638793 core:Vehicles 2024-07-01 2025-06-30 07638793 core:OfficeEquipment 2024-07-01 2025-06-30 07638793 core:Non-currentFinancialInstruments 2024-07-01 2025-06-30 07638793 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 07638793 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 07638793 bus:OrdinaryShareClass2 2024-07-01 2025-06-30 07638793 bus:OrdinaryShareClass2 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 07638793 (England and Wales)

# IMAGINE OFFICE SUPPLIES LIMITED

### Unaudited Financial Statements
For the financial year ended 30 June 2025
Pages for filing with the registrar

IMAGINE OFFICE SUPPLIES LIMITED

## Unaudited Financial Statements

For the financial year ended 30 June 2025

Contents

IMAGINE OFFICE SUPPLIES LIMITED

## BALANCE SHEET

As at 30 June 2025
IMAGINE OFFICE SUPPLIES LIMITED

## BALANCE SHEET (continued)

As at 30 June 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 38,210 |  | 54,705
|  | 38,210 |  | 54,705
Current assets |  |  |  |
Stocks |  | 52,158 |  | 54,056
Debtors | 4 | 184,461 |  | 212,048
Cash at bank and in hand |  | 10,866 |  | 9,847
|  | 247,485 |  | 275,951
Creditors: amounts falling due within one year | 5 | ( 226,954) |  | ( 241,170)
Net current assets |  | 20,531 |  | 34,781
Total assets less current liabilities |  | 58,741 |  | 89,486
Creditors: amounts falling due after more than one year | 6 | ( 9,684) |  | ( 26,228)
Provision for liabilities |  | ( 3,205) |  | ( 7,979)
Net assets |  | 45,852 |  | 55,279
Capital and reserves |  |  |  |
Called-up share capital | 7 | 70 |  | 70
Capital redemption reserve |  | 60 |  | 60
Profit and loss account |  | 45,722 |  | 55,149
Total shareholders' funds |  | 45,852 |  | 55,279

For the financial 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.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Imagine Office Supplies Limited (registered number: 07638793) were approved and authorised for issue by the Board of Directors on 16 March 2026. They were signed on its behalf by:

Mr M Luck Director |

IMAGINE OFFICE SUPPLIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025
IMAGINE OFFICE SUPPLIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Imagine Office Supplies Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Plympton Park Bell Close, Plympton, Plymouth, PL7 4FD, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles | 5 years straight line
Fixtures and fittings | 20 % reducing balance
Office equipment | 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 10 |  | 11

#### 3. Tangible assets

| Vehicles |  | Fixtures and fittings |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 July 2024 | 82,017 |  | 46,437 |  | 40,251 |  | 168,705
At 30 June 2025 | 82,017 |  | 46,437 |  | 40,251 |  | 168,705
Accumulated depreciation |  |  |  |  |  |  |
At 01 July 2024 | 49,578 |  | 37,873 |  | 26,549 |  | 114,000
Charge for the financial year | 10,594 |  | 1,713 |  | 4,188 |  | 16,495
At 30 June 2025 | 60,172 |  | 39,586 |  | 30,737 |  | 130,495
Net book value |  |  |  |  |  |  |
At 30 June 2025 | 21,845 |  | 6,851 |  | 9,514 |  | 38,210
At 30 June 2024 | 32,439 |  | 8,564 |  | 13,702 |  | 54,705

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 169,249 |  | 194,324
Other debtors | 15,212 |  | 17,724
| 184,461 |  | 212,048

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 128,471 |  | 172,996
Taxation and social security | 15,962 |  | 519
Obligations under finance leases and hire purchase contracts | 8,692 |  | 11,733
Other creditors | 73,829 |  | 55,922
| 226,954 |  | 241,170

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Obligations under finance leases and hire purchase contracts (secured) | 9,684 |  | 17,141
Other creditors | 0 |  | 9,087
| 9,684 |  | 26,228

The hire purchase obligations are secured against the assets to which the agreements relate

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
65 Ordinary 1 Gbp shares of £ 1.00 each | 65 |  | 65
5 D Ordinary 1 Gbp shares of £ 1.00 each | 5 |  | 5
| 70 |  | 70