Image Loft Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 05685925

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		5,747		6,697

			5,747		6,697
CURRENT ASSETS
Debtors	6	16,892		12,383
Cash at bank and in hand		315,841		344,701

		332,733		357,084
Creditors: Amounts Falling Due Within One Year	7	(286,040 )		(319,494 )

NET CURRENT ASSETS (LIABILITIES)			46,693		37,590

TOTAL ASSETS LESS CURRENT LIABILITIES			52,440		44,287

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,741 )		(1,741 )

NET ASSETS			50,699		42,546

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			50,599		42,446

SHAREHOLDERS' FUNDS			50,699		42,546

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Image Loft Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 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

Mrs Nicola Kane

Director

2 October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Image Loft Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 05685925 . The registered office is 8 Waverley Lane, Farnham, Surrey, England, GU9 8BQ.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the provision of services and is recognised at the point of invoice.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Trademark. It is amortised to profit and loss account over its estimated economic life of 3 years.

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:

Fixtures and fittings

15% & 33% reducing balance

2.5. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Other debtors and creditors are measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with 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. Equity instruments issued by the company are recorded at the proceeds received.

2.6. Foreign Currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Image Loft Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.7. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax is recognised on 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Deferred tax is only adjusted if the change in the timing difference is material.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Share-based Payments

The Company operates an Enterprise Management Incentive (EMI) share option scheme for certain employees and directors. The options vest and become exercisable only on the occurrence of an exit event, being a sale of the Company (or of all or substantially all of its share capital or business), or a listing of the Company's shares on a recognised stock exchange.

3. Average Number of Employees

	2026	2025
Average number of employees, including directors, during the year	9	9

	9	9

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Image Loft Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Intangible Assets

	Other
	£
Cost
As at 1 February 2025	745

As at 31 January 2026	745

Amortisation
As at 1 February 2025	745

As at 31 January 2026	745

Net Book Value
As at 31 January 2026	-

As at 1 February 2025	-

5. Tangible Assets

	Fixtures and fittings
	£
Cost
As at 1 February 2025	20,664
Additions	316

As at 31 January 2026	20,980

Depreciation
As at 1 February 2025	13,967
Provided during the period	1,266

As at 31 January 2026	15,233

Net Book Value
As at 31 January 2026	5,747

As at 1 February 2025	6,697

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Image Loft Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	16,892	12,383

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	10,414	23,534
Other creditors	167,396	163,238
Taxation and social security	108,230	132,722

	286,040	319,494

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