1 April 2023 false No description of principal activity Taxfiler 2024.5 11246200business:PrivateLimitedCompanyLtd2023-04-012024-03-31 112462002023-03-31 112462002023-04-012024-03-31 11246200business:AuditExemptWithAccountantsReport2023-04-012024-03-31 11246200business:FilletedAccounts2023-04-012024-03-31 112462002024-03-31 11246200business:Director12023-04-012024-03-31 11246200business:RegisteredOffice2023-04-012024-03-31 112462002023-03-31 11246200core:WithinOneYear2024-03-31 11246200core:WithinOneYear2023-03-31 11246200core:AfterOneYear2024-03-31 11246200core:AfterOneYear2023-03-31 11246200core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 11246200core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11246200core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 11246200core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11246200core:PreviouslyStatedAmount2024-03-31 11246200core:PreviouslyStatedAmount2023-03-31 11246200business:SmallEntities2023-04-012024-03-31 11246200countries:EnglandWales2023-04-012024-03-31 11246200core:ComputerEquipment2023-04-012024-03-31 11246200core:ComputerEquipment2023-03-31 11246200core:ComputerEquipment2024-03-31 11246200business:Director112023-04-012024-03-31 11246200business:Director112023-03-31 11246200business:Director112024-03-31 112462002022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11246200 (England and Wales)
Lloyd Richard Photography Ltd Unaudited accounts for the year ended 31 March 2024
Lloyd Richard Photography Ltd Unaudited accounts Contents
Page
- 2 -
Lloyd Richard Photography Ltd Company Information for the year ended 31 March 2024
Director
Lloyd Richard Earle
Company Number
11246200 (England and Wales)
Registered Office
30 Portsmouth Road Lee On The Solent Hampshire PO13 9AG England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
- 3 -
Lloyd Richard Photography Ltd Accountants' report
Accountants' report to the director of Lloyd Richard Photography Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lloyd Richard Photography Ltd for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Lloyd Richard Photography Ltd , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Lloyd Richard Photography Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lloyd Richard Photography Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lloyd Richard Photography Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Lloyd Richard Photography Ltd . You consider that Lloyd Richard Photography Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lloyd Richard Photography Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 16 May 2024
- 4 -
Lloyd Richard Photography Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,652 
10,758 
Current assets
Cash at bank and in hand
6,780 
6,819 
Creditors: amounts falling due within one year
(8,760)
(5,406)
Net current (liabilities)/assets
(1,980)
1,413 
Total assets less current liabilities
6,672 
12,171 
Creditors: amounts falling due after more than one year
(4,949)
(5,850)
Net assets
1,723 
6,321 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,623 
6,221 
Shareholders' funds
1,723 
6,321 
For the year ending 31 March 2024 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 16 May 2024 and were signed on its behalf by
Lloyd Richard Earle Director Company Registration No. 11246200
- 5 -
Lloyd Richard Photography Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Lloyd Richard Photography Ltd is a private company, limited by shares, registered in England and Wales, registration number 11246200. The registered office is 30 Portsmouth Road, Lee On The Solent, Hampshire, PO13 9AG , 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.
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.
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:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
24,093 
Additions
709 
At 31 March 2024
24,802 
Depreciation
At 1 April 2023
13,335 
Charge for the year
2,815 
At 31 March 2024
16,150 
Net book value
At 31 March 2024
8,652 
At 31 March 2023
10,758 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
8,009 
4,410 
Accruals
751 
996 
8,760 
5,406 
- 6 -
Lloyd Richard Photography Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,949 
5,850 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Lloyd Richard Earle
Director Loan Account
(4,410)
(3,762)
(163)
(8,009)
(4,410)
(3,762)
(163)
(8,009)
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 7 -