Company Registration No. 09582487 (England and Wales)
ISO Photographic Limited
Unaudited accounts
for the year ended 31 May 2023
ISO Photographic Limited
Unaudited accounts
Contents
ISO Photographic Limited
Company Information
for the year ended 31 May 2023
Director
Mr Mark Andrew Wheelwright
Company Number
09582487 (England and Wales)
Registered Office
I S O Photographic Ltd
Unit 22B
30-34 Aire Street
Leeds
West Yorkshire
LS1 4HT
England
ISO Photographic Limited
Statement of financial position
as at 31 May 2023
Tangible assets
11,975
14,642
Cash at bank and in hand
669
1,664
Creditors: amounts falling due within one year
(15,061)
(24,738)
Net current liabilities
(14,392)
(23,074)
Total assets less current liabilities
(2,417)
(8,432)
Creditors: amounts falling due after more than one year
(6,538)
(1,892)
Net liabilities
(8,955)
(10,324)
Called up share capital
1
1
Profit and loss account
(8,956)
(10,325)
Shareholders' funds
(8,955)
(10,324)
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 20 February 2024 and were signed on its behalf by
Mr Mark Andrew Wheelwright
Director
Company Registration No. 09582487
ISO Photographic Limited
Notes to the Accounts
for the year ended 31 May 2023
ISO Photographic Limited is a private company, limited by shares, registered in England and Wales, registration number 09582487. The registered office is I S O Photographic Ltd, Unit 22B, 30-34 Aire Street, Leeds, West Yorkshire, LS1 4HT, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% RB
4
Tangible fixed assets
Fixtures & fittings
ISO Photographic Limited
Notes to the Accounts
for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,850
9,356
Obligations under finance leases and hire purchase contracts
1,545
2,880
Loans from directors
11,653
12,502
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,546
1,892
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).