1 March 2022 false No description of principal activity Taxfiler 2023.10 07958724business:PrivateLimitedCompanyLtd2022-03-012023-02-28 079587242022-02-28 079587242022-03-012023-02-28 07958724business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 07958724business:FilletedAccounts2022-03-012023-02-28 079587242023-02-28 07958724business:Director12022-03-012023-02-28 07958724business:Director22022-03-012023-02-28 07958724business:RegisteredOffice2022-03-012023-02-28 079587242022-02-28 07958724core:WithinOneYear2023-02-28 07958724core:WithinOneYear2022-02-28 07958724core:AfterOneYear2023-02-28 07958724core:AfterOneYear2022-02-28 07958724core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 07958724core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 07958724core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 07958724core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 07958724core:PreviouslyStatedAmount2023-02-28 07958724core:PreviouslyStatedAmount2022-02-28 07958724business:SmallEntities2022-03-012023-02-28 07958724countries:EnglandWales2022-03-012023-02-28 07958724core:LandBuildings2022-03-012023-02-28 07958724core:PlantMachinery2022-03-012023-02-28 07958724core:MotorVehicles2022-03-012023-02-28 07958724core:ComputerEquipment2022-03-012023-02-28 07958724core:LandBuildings2022-02-28 07958724core:PlantMachinery2022-02-28 07958724core:MotorVehicles2022-02-28 07958724core:ComputerEquipment2022-02-28 07958724core:LandBuildings2023-02-28 07958724core:PlantMachinery2023-02-28 07958724core:MotorVehicles2023-02-28 07958724core:ComputerEquipment2023-02-28 079587242021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 07958724 (England and Wales)
Mark Ingram Photography Ltd Unaudited accounts for the year ended 28 February 2023
Mark Ingram Photography Ltd Unaudited accounts Contents
Page
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Mark Ingram Photography Ltd Company Information for the year ended 28 February 2023
Directors
M Ingram J Wilkinson
Company Number
07958724 (England and Wales)
Registered Office
Paleys Cottage, Main Street Langcliffe Settle North Yorkshire BD24 9NF
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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Mark Ingram Photography Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,562 
25,068 
Current assets
Debtors
16,160 
8,076 
Cash at bank and in hand
(9,599)
14,132 
6,561 
22,208 
Creditors: amounts falling due within one year
3,470 
(9,974)
Net current assets
10,031 
12,234 
Total assets less current liabilities
32,593 
37,302 
Creditors: amounts falling due after more than one year
(32,415)
(37,007)
Net assets
178 
295 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
76 
193 
Shareholders' funds
178 
295 
For the year ending 28 February 2023 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 20 November 2023 and were signed on its behalf by
M Ingram Director Company Registration No. 07958724
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Mark Ingram Photography Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Mark Ingram Photography Ltd is a private company, limited by shares, registered in England and Wales, registration number 07958724. The registered office is Paleys Cottage, Main Street, Langcliffe, Settle, North Yorkshire, BD24 9NF.
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.
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 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:
Land & buildings
15% reducing balance
Plant & machinery
25% on cost
Motor vehicles
33.33% on cost
Computer equipment
25% on cost
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Mark Ingram Photography Ltd Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2022
5,322 
36,999 
46,976 
5,109 
94,406 
Additions
500 
2,262 
- 
1,075 
3,837 
At 28 February 2023
5,822 
39,261 
46,976 
6,184 
98,243 
Depreciation
At 1 March 2022
1,197 
30,178 
33,224 
4,739 
69,338 
Charge for the year
622 
1,880 
3,438 
403 
6,343 
At 28 February 2023
1,819 
32,058 
36,662 
5,142 
75,681 
Net book value
At 28 February 2023
4,003 
7,203 
10,314 
1,042 
22,562 
At 28 February 2022
4,125 
6,821 
13,752 
370 
25,068 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,160 
8,076 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
VAT
5,532 
- 
Taxes and social security
11,330 
15,511 
Other creditors
1,687 
2,110 
Loans from directors
(27,424)
(12,647)
Accruals
405 
- 
(3,470)
9,974 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,415 
37,007 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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