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REGISTERED NUMBER: 08409383 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

JOHN BALSOM PHOTOGRAPHY LTD

JOHN BALSOM PHOTOGRAPHY LTD (REGISTERED NUMBER: 08409383)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 28 February 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


JOHN BALSOM PHOTOGRAPHY LTD

COMPANY INFORMATION
for the year ended 28 February 2023







DIRECTOR: Mr J C Balsom





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 08409383 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

JOHN BALSOM PHOTOGRAPHY LTD (REGISTERED NUMBER: 08409383)

ABRIDGED BALANCE SHEET
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,140 9,519

CURRENT ASSETS
Debtors 44,692 32,204
Cash at bank and in hand 275,496 325,705
320,188 357,909
CREDITORS
Amounts falling due within one year 32,568 41,237
NET CURRENT ASSETS 287,620 316,672
TOTAL ASSETS LESS CURRENT
LIABILITIES

294,760

326,191

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 294,660 326,091
SHAREHOLDERS' FUNDS 294,760 326,191

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

JOHN BALSOM PHOTOGRAPHY LTD (REGISTERED NUMBER: 08409383)

ABRIDGED BALANCE SHEET - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:





Mr J C Balsom - Director


JOHN BALSOM PHOTOGRAPHY LTD (REGISTERED NUMBER: 08409383)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 28 February 2023

1. STATUTORY INFORMATION

John Balsom Photography Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

JOHN BALSOM PHOTOGRAPHY LTD (REGISTERED NUMBER: 08409383)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 46,856
DEPRECIATION
At 1 March 2022 37,337
Charge for year 2,379
At 28 February 2023 39,716
NET BOOK VALUE
At 28 February 2023 7,140
At 28 February 2022 9,519

5. RELATED PARTY DISCLOSURES

Included in other creditors is a director's loan account balance of £13,270 (2022: £26,270 ).