IRIS Accounts Production v23.3.0.418 03905666 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039056662022-04-30039056662023-04-30039056662022-05-012023-04-30039056662021-04-30039056662021-05-012022-04-30039056662022-04-3003905666ns14:PoundSterlingns10:Original2022-05-012023-04-3003905666ns10:Originalns10:Director12022-05-012023-04-3003905666ns10:Original2022-05-012023-04-3003905666ns10:Original2023-04-3003905666ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3003905666ns10:Originalns10:SmallEntities2022-05-012023-04-3003905666ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3003905666ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3003905666ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3003905666ns10:Originalns10:FullAccounts2022-05-012023-04-3003905666ns10:Original12022-05-012023-04-3003905666ns10:Originalns10:OrdinaryShareClass12022-05-012023-04-3003905666ns10:Originalns10:Director22022-05-012023-04-3003905666ns10:Originalns10:RegisteredOffice2022-05-012023-04-3003905666ns10:Original2022-04-3003905666ns10:Originalns5:CurrentFinancialInstruments2023-04-3003905666ns10:Originalns5:CurrentFinancialInstruments2022-04-3003905666ns5:ShareCapitalns10:Original2023-04-3003905666ns5:ShareCapitalns10:Original2022-04-3003905666ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3003905666ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3003905666ns10:Originalns5:NetGoodwill2022-05-012023-04-3003905666ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-05-012023-04-3003905666ns10:Originalns5:ComputerEquipment2022-05-012023-04-3003905666ns10:Original2021-05-012022-04-3003905666ns10:Originalns5:NetGoodwill2022-04-3003905666ns10:Originalns5:NetGoodwill2023-04-3003905666ns10:Originalns5:NetGoodwill2022-04-3003905666ns10:Originalns5:PlantMachinery2022-04-3003905666ns10:Originalns5:FurnitureFittings2022-04-3003905666ns10:Originalns5:ComputerEquipment2022-04-3003905666ns10:Original2022-04-3003905666ns10:Originalns5:PlantMachinery2022-05-012023-04-3003905666ns10:Originalns5:FurnitureFittings2022-05-012023-04-3003905666ns10:Originalns5:PlantMachinery2023-04-3003905666ns10:Originalns5:FurnitureFittings2023-04-3003905666ns10:Originalns5:ComputerEquipment2023-04-3003905666ns10:Originalns5:PlantMachinery2022-04-3003905666ns10:Originalns5:FurnitureFittings2022-04-3003905666ns10:Originalns5:ComputerEquipment2022-04-3003905666ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3003905666ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-3003905666ns10:Originalns10:OrdinaryShareClass12023-04-3003905666ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3003905666ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-012023-04-30
REGISTERED NUMBER: 03905666













HUW EVANS PICTURE AGENCY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023






HUW EVANS PICTURE AGENCY LIMITED (REGISTERED NUMBER: 03905666)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HUW EVANS PICTURE AGENCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: Mr D H Evans
Mr. B J Evans





REGISTERED OFFICE: Second Floor, Unit 11
Cwrt Y Parc, Earlswood Road
Llanishen Business Park
Cardiff
South Glamorgan
CF14 5GH





REGISTERED NUMBER: 03905666





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

HUW EVANS PICTURE AGENCY LIMITED (REGISTERED NUMBER: 03905666)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,926 24,270
15,926 24,270

CURRENT ASSETS
Debtors 6 178,502 179,943
Cash at bank 28,265 32,325
206,767 212,268
CREDITORS
Amounts falling due within one year 7 32,830 40,998
NET CURRENT ASSETS 173,937 171,270
TOTAL ASSETS LESS CURRENT LIABILITIES 189,863 195,540

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 189,763 195,440
SHAREHOLDERS' FUNDS 189,863 195,540

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HUW EVANS PICTURE AGENCY LIMITED (REGISTERED NUMBER: 03905666)

BALANCE SHEET - continued
30 APRIL 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





Mr D H Evans - Director


HUW EVANS PICTURE AGENCY LIMITED (REGISTERED NUMBER: 03905666)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

Huw Evans Picture Agency Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% straight line on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HUW EVANS PICTURE AGENCY LIMITED (REGISTERED NUMBER: 03905666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 May 2022
and 30 April 2023 36,247
AMORTISATION
At 1 May 2022
and 30 April 2023 36,247
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 -

HUW EVANS PICTURE AGENCY LIMITED (REGISTERED NUMBER: 03905666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£ £ £ £
COST
At 1 May 2022 600 21,892 63,390 85,882
Additions - - 2,490 2,490
At 30 April 2023 600 21,892 65,880 88,372
DEPRECIATION
At 1 May 2022 599 21,890 39,123 61,612
Charge for year - - 10,834 10,834
At 30 April 2023 599 21,890 49,957 72,446
NET BOOK VALUE
At 30 April 2023 1 2 15,923 15,926
At 30 April 2022 1 2 24,267 24,270

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Amounts owed by group undertakings 176,183 176,183
Other debtors 2,319 3,760
178,502 179,943

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Hire purchase contracts 4,391 16,343
Tax 12,303 8,964
PAYE and NIC taxes - 1,441
Pension control 463 -
VAT 12,912 12,450
Other creditors 2,194 -
Directors' loan accounts 174 -
Accrued expenses 393 1,800
32,830 40,998

HUW EVANS PICTURE AGENCY LIMITED (REGISTERED NUMBER: 03905666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£

At 1 May 2022 195,440
Profit for the year 44,323
Dividends (50,000 )
At 30 April 2023 189,763