First Images Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03226213

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,026		4,962

			4,026		4,962
CURRENT ASSETS
Stocks	5	2,750		2,750
Cash at bank and in hand		7,628		6,574

		10,378		9,324
Creditors: Amounts Falling Due Within One Year	6	(74,128 )		(90,638 )

NET CURRENT ASSETS (LIABILITIES)			(63,750 )		(81,314 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(59,724 )		(76,352 )

Creditors: Amounts Falling Due After More Than One Year	7		-		(1,059 )

NET LIABILITIES			(59,724 )		(77,411 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(59,726 )		(77,413 )

SHAREHOLDERS' FUNDS			(59,724)		(77,411)

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First Images Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S Chatwani

Director

10 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

First Images Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03226213 . The registered office is Harborough House, No.1 London Road, Oadby, Leicester, LE2 5DL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The accounts have been prepared on a going concern basis, the validity of which depends on the continued support of the directors. The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts, rebates and value added taxes and other taxes.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% on reducing balance
Fixtures & Fittings	15% on reducing balance

2.5. Stocks and Work in Progress

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

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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First Images Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 August 2024	99,506

As at 31 July 2025	99,506

Depreciation
As at 1 August 2024	94,544
Provided during the period	936

As at 31 July 2025	95,480

Net Book Value
As at 31 July 2025	4,026

As at 1 August 2024	4,962

5. Stocks

	2025	2024
	£	£
Stock	2,750	2,750

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,605	1,384
Bank loans and overdrafts	1,059	1,221
Other loans	-	3,500
Other creditors	71,464	84,533

	74,128	90,638

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	1,059

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First Images Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

9. Ultimate Controlling Party

The company's ultimate controlling party are Mr S Chatwani and Mrs A Chatwani , directors of the company, by virtue of their equal ownership of the issued share capital in the company.

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