1 November 2024 false Taxfiler 2024.6 04091750business:PrivateLimitedCompanyLtd2024-11-012025-10-31 040917502024-10-31 040917502024-11-012025-10-31 04091750business:AuditExempt-NoAccountantsReport2024-11-012025-10-31 04091750business:FilletedAccounts2024-11-012025-10-31 040917502025-10-31 04091750business:Director12024-11-012025-10-31 04091750business:Director22024-11-012025-10-31 04091750business:RegisteredOffice2024-11-012025-10-31 040917502024-10-31 04091750core:WithinOneYear2025-10-31 04091750core:WithinOneYear2024-10-31 04091750core:AfterOneYear2025-10-31 04091750core:AfterOneYear2024-10-31 04091750core:ShareCapitalcore:PreviouslyStatedAmount2025-10-31 04091750core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 04091750core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-10-31 04091750core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 04091750core:PreviouslyStatedAmount2025-10-31 04091750core:PreviouslyStatedAmount2024-10-31 04091750business:SmallEntities2024-11-012025-10-31 04091750countries:EnglandWales2024-11-012025-10-31 04091750core:PlantMachinery2024-11-012025-10-31 04091750core:FurnitureFittings2024-11-012025-10-31 04091750core:ComputerEquipment2024-11-012025-10-31 04091750core:PlantMachinery2024-10-31 04091750core:FurnitureFittings2024-10-31 04091750core:ComputerEquipment2024-10-31 04091750core:PlantMachinery2025-10-31 04091750core:FurnitureFittings2025-10-31 04091750core:ComputerEquipment2025-10-31 040917502023-11-012024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 04091750 (England and Wales)
Image Associates Limited Unaudited accounts for the year ended 31 October 2025
Image Associates Limited Unaudited accounts Contents
Page
- 2 -
Image Associates Limited Company Information for the year ended 31 October 2025
Directors
Mr Martin Ashton-Hibbert Mrs Jane Ashton-Hibbert
Company Number
04091750 (England and Wales)
Registered Office
OFFICE 11, RECEPTION BUILDING CHORLEY BU EAST TERRACE, EUXTON LANE CHORLEY PR7 6TE ENGLAND
Accountants
Clear Start Accountants Ltd Suite 2, 5th Floor, Universal Square Devonshire Street North Manchester M12 6JH
- 3 -
Image Associates Limited Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,042 
2,361 
Current assets
Inventories
717 
1,735 
Debtors
4,133 
16,024 
4,850 
17,759 
Creditors: amounts falling due within one year
(53,177)
(79,733)
Net current liabilities
(48,327)
(61,974)
Total assets less current liabilities
(46,285)
(59,613)
Creditors: amounts falling due after more than one year
(82,014)
(107,775)
Net liabilities
(128,299)
(167,388)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(128,399)
(167,488)
Shareholders' funds
(128,299)
(167,388)
For the year ending 31 October 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 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 of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by
Mr Martin Ashton-Hibbert Director Company Registration No. 04091750
- 4 -
Image Associates Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Image Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 04091750. The registered office is OFFICE 11, RECEPTION BUILDING CHORLEY BU, EAST TERRACE, EUXTON LANE, CHORLEY, PR7 6TE, 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:
Plant & machinery
10% Reducing balance
Fixtures & fittings
10% Reducing balance
Computer equipment
10% Reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2024
20,000 
6,114 
37,828 
63,942 
At 31 October 2025
20,000 
6,114 
37,828 
63,942 
Depreciation
At 1 November 2024
18,664 
5,735 
37,182 
61,581 
Charge for the year
134 
38 
147 
319 
At 31 October 2025
18,798 
5,773 
37,329 
61,900 
Net book value
At 31 October 2025
1,202 
341 
499 
2,042 
At 31 October 2024
1,336 
379 
646 
2,361 
- 5 -
Image Associates Limited Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,133 
16,024 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
5,206 
7,413 
VAT
165 
1,120 
Trade creditors
4,492 
6,209 
Taxes and social security
8,266 
8,647 
Other creditors
6,920 
6,921 
Loans from directors
28,128 
49,423 
53,177 
79,733 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
75,554 
102,075 
Other creditors
2,994 
5,700 
Taxes and social security
3,466 
- 
82,014 
107,775 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -