Company registration number: 12497634
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
Image Ability Ltd.
Pages for filing with the Registrar
Company registration number: 12497634
Image Ability Ltd.
Balance sheet
as at 31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 956 1,275
956 1,275
Current assets
Cash at bank and in hand 106 278
106 278
Creditors: amounts falling due within one year
(77,747) (65,156)
Net current liabilities (77,641) (64,878)
Total assets less current liabilities (76,685) (63,603)
NET LIABILITIES (76,685) (63,603)
Capital and reserves
Called up share capital 100 100
Profit and loss account (76,785) (63,703)
TOTAL EQUITY (76,685) (63,603)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12497634
Image Ability Ltd.
Balance sheet - continued
as at 31 December 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 30 July 2026 and signed on its behalf by:
Mrs D Florea, Director
30 July 2026
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Image Ability Ltd.
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
Image Ability Ltd. is a private company registered in England and Wales. Its registered number is 12497634. The company is limited by shares. Its registered office is 30 Rosemary Road, Waterbeach, Cambridge, CB25 9NB.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
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Image Ability Ltd.
Notes to the financial statements - continued
for the year ended 31 December 2025
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 January 2025 1,700
At 31 December 2025 1,700
Depreciation
At 1 January 2025 425
Charge for year 319
At 31 December 2025 744
Net book value
At 31 December 2025 956
At 31 December 2024 1,275
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024.
2025 2024
£ £
Daniela Florea
Balance outstanding at start of year (63,915) (49,897)
Amounts advanced - 1,850
Amounts repaid (12,698) (15,868)
Balance outstanding at end of year (76,613) (63,915)
No advances were made to the director during the year. Total capital introduced/repayments made during the year: £12,698 The maximum amount due from the director during the year was £nil. The loan is interest free and repayable on demand.


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