TS.P+ Ltd 8477890 false 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is Professional Photograph Digita Accounts Production Advanced 6.30.9574.0 true 8477890 2022-05-01 2023-04-30 8477890 2023-04-30 8477890 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 8477890 core:OtherPropertyPlantEquipment 2023-04-30 8477890 bus:SmallEntities 2022-05-01 2023-04-30 8477890 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 8477890 bus:FullAccounts 2022-05-01 2023-04-30 8477890 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 8477890 bus:RegisteredOffice 2022-05-01 2023-04-30 8477890 bus:Director1 2022-05-01 2023-04-30 8477890 bus:OrdinaryShareClass1 bus:CumulativeRedeemableShares 2022-05-01 2023-04-30 8477890 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 8477890 1 2022-05-01 2023-04-30 8477890 core:OtherPropertyPlantEquipment 2022-05-01 2023-04-30 8477890 core:PlantMachinery 2022-05-01 2023-04-30 8477890 countries:AllCountries 2022-05-01 2023-04-30 8477890 2022-04-30 8477890 core:OtherPropertyPlantEquipment 2022-04-30 8477890 2021-05-01 2022-04-30 8477890 2022-04-30 8477890 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-30 8477890 bus:OrdinaryShareClass1 bus:CumulativeRedeemableShares 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 8477890

TS.P+ Ltd
(formerly Takahito Sasaki Photography)

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2023

 

TS.P+ Ltd
(formerly Takahito Sasaki Photography)

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

TS.P+ Ltd
(formerly Takahito Sasaki Photography)

Company Information

Director

Mr Takahito Sasaki

Registered office

Kemp House
160 City Road
London
EC1V 2NX

Accountants

Simon Kingsley
58 Montague Road
Hackney
London
E8 2HW

 

TS.P+ Ltd
(formerly Takahito Sasaki Photography)

(Registration number: 8477890)
Balance Sheet as at 30 April 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

7,293

-

Current assets

 

Cash at bank and in hand

 

27,417

15,887

Creditors: Amounts falling due within one year

5

(25,183)

(3,138)

Net current assets

 

2,234

12,749

Net assets

 

9,527

12,749

Capital and reserves

 

Called up share capital

6

1

1

Retained earnings

9,526

12,748

Shareholders' funds

 

9,527

12,749

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 18 December 2023
 

.........................................
Mr Takahito Sasaki
Director

 

TS.P+ Ltd
(formerly Takahito Sasaki Photography)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The company was formerly known as Takahito Sasaki Photography.

The address of its registered office is:
Kemp House
160 City Road
London
EC1V 2NX
England

These financial statements were authorised for issue by the director on 18 December 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

TS.P+ Ltd
(formerly Takahito Sasaki Photography)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

33% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

 

TS.P+ Ltd
(formerly Takahito Sasaki Photography)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 May 2022

4,647

4,647

Additions

10,885

10,885

At 30 April 2023

15,532

15,532

Depreciation

At 1 May 2022

4,647

4,647

Charge for the year

3,592

3,592

At 30 April 2023

8,239

8,239

Carrying amount

At 30 April 2023

7,293

7,293

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

5,781

3,133

Other creditors

19,402

5

25,183

3,138

6

Share capital

7

Dividends

Interim dividends paid

   

2023
£

 

2022
£

Interim dividend of £25,000.00 (2022 - £9,820.00) per each Ordinary share

 

25,000

 

9,820

         
 

TS.P+ Ltd
(formerly Takahito Sasaki Photography)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

8

Related party transactions

 

TS.P+ Ltd
(formerly Takahito Sasaki Photography)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

Director's remuneration

The director's remuneration for the year was as follows:

2023
£

2022
£

Remuneration

9,099

9,525

Contributions paid to money purchase schemes

5,750

400

14,849

9,925