Micro-entity Accounts - KELS IMAGES LIMITED

KELS IMAGES LIMITED Registered Number 16179115

Micro-entity Balance Sheet as at 31 January 2026

	Notes	2026
		£
Called up share capital not paid		-
Fixed Assets		2,230
Current Assets		323
Prepayments and accrued income		-
Creditors: amounts falling due within one year		(2,957)
Net current assets (liabilities)		(2,634)
Total assets less current liabilities		(404)
Creditors: amounts falling due after more than one year		0
Provisions for liabilities		0
Accruals and deferred income		0
Total net assets (liabilities)		(404)
Capital and reserves		(404)

For the year ending 31 January 2026 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 October 2026

And signed on their behalf by:
Adenike Oladipo, Director

KELS IMAGES LIMITED Registered Number 16179115

Notes to the Micro-entity Accounts for the period ended 31 January 2026

1Employees

	2026
Average number of employees during the period	1

2Accounting Policies

Basis of measurement and preparation of accounts
Notes to the Accounts

For the year ended 31 December 2025

1. Accounting Policies

Basis of preparation

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime.

The financial statements have been prepared under the historical cost convention.

The financial statements are presented in pounds sterling (£).

Going concern

The financial statements have been prepared on a going concern basis. The company has not generated revenue during the year and has been funded by the director through a director's loan account. The director has indicated continued support for the company as required.

Fixed assets and depreciation

Tangible fixed assets are stated at cost less accumulated depreciation.

Depreciation is provided on a straight-line basis over the estimated useful economic life of the assets, as follows:

Camera equipment and lenses — 3 years.

Depreciation is charged from the date the assets are brought into business use.

Stock

Stock is stated at the lower of cost and net realisable value.

At 31 December 2025, stock consisted of goods held for resale which had not yet been sold.

Turnover

Turnover represents amounts receivable for goods and services supplied in the ordinary course of business, excluding VAT and trade discounts.

No sales were made during the year ended 31 December 2025.

Taxation

Current tax is provided at amounts expected to be paid or recovered using tax rates and laws that have been enacted or substantively enacted at the balance sheet date.

2. Fixed Assets

The company's fixed assets comprise camera equipment and photographic lenses used in the business.

£
Cost 2,373
Depreciation for the year (143)
Net book value at 31 December 2025 2,230
3. Stock

Stock held for resale at 31 December 2025 amounted to:

£323

No stock was sold during the financial year.

4. Director's Loan Account

Amounts totalling £2,957 were funded personally by the director on behalf of the company and are included within creditors falling due within one year.

5. Employees

The company had no employees during the year other than the director, if applicable.