REGISTERED NUMBER: 04202185 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Imagen Photography Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P J G Guttridge ABIPP

SECRETARY:

Mrs K Guttridge

REGISTERED OFFICE:

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

REGISTERED NUMBER:

04202185 (England and Wales)

ACCOUNTANTS:

Try Lunn & Co

Chartered Accountants

Roland House

Princes Dock Street

HULL HU1 2LD

FIXED ASSETS

Tangible assets

4

236,134

239,782

CURRENT ASSETS

Stocks

4,359

500

Debtors

5

20,095

16,199

Cash at bank and in hand

27,682

27,144

52,136

43,843

CREDITORS

Amounts falling due within one year

6

43,334

33,943

NET CURRENT ASSETS

8,802

9,900

TOTAL ASSETS LESS CURRENT LIABILITIES

244,936

249,682

CREDITORS

Amounts falling due after more than one year

7

(73,627

)

(87,616

)

PROVISIONS FOR LIABILITIES

(1,250

)

(1,318

)

NET ASSETS

170,059

160,748

CAPITAL AND RESERVES

Called up share capital

9

500

500

Capital redemption reserve

10

611

611

Retained earnings

10

168,948

159,637

SHAREHOLDERS' FUNDS

170,059

160,748

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

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

The financial statements were approved by the director and authorised for issue on 15 May 2026 and were signed by:

P J G Guttridge ABIPP - Director

1.	STATUTORY INFORMATION

Imagen Photography 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover

Income is recognised when services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

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

Land and buildings

-

2% on cost and not provided

Plant and machinery etc

-

25% on cost, 20% on cost and Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

274,244

329,458

603,702

Additions

-

2,285

2,285

Disposals

-

(73,059

)

(73,059

)

At 31 December 2025

274,244

258,684

532,928

DEPRECIATION

At 1 January 2025

41,399

322,521

363,920

Charge for year

3,276

2,558

5,834

Eliminated on disposal

-

(72,960

)

(72,960

)

At 31 December 2025

44,675

252,119

296,794

NET BOOK VALUE

At 31 December 2025

229,569

6,565

236,134

At 31 December 2024

232,845

6,937

239,782

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

19,070

15,605

Other debtors

1,025

594

20,095

16,199

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13,688

9,641

Trade creditors

-

37

Taxation and social security

25,609

20,417

Other creditors

4,037

3,848

43,334

33,943

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

73,627

87,616

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

20,528

30,877

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

87,315

97,257

The bank loans are secured by a fixed and floating charge over all the assets and undertaking of Imagen Photography Limited including all present and future freehold and leasehold property, book and other debts, chattels, goodwill and uncalled capital, both present and future.

Mr P Guttridge has given a guarantee to secure all liabilities of Imagen Photography Limited to £25,000.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

500

'A' and 'D' Ordinary

£1

500

500

The D shares are non-voting shares and rank pari passu in all other respects with the A shares except for the payment of dividends.

10.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 January 2025

159,637

611

160,248

Profit for the year

48,685

48,685

Dividends

(39,374

)

(39,374

)

At 31 December 2025

168,948

611

169,559

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 December 2025 the Company owed P Guttridge £306 (2024 - £337).

12.	CONTROLLING PARTY

The company is controlled by Mr P J G Guttridge ABIPP.