Company Registration No. 07842878 (England and Wales)
TOPHER MCGRILLIS PHOTOGRAPHY LTD
Unaudited accounts
for the year ended 31 October 2023
TOPHER MCGRILLIS PHOTOGRAPHY LTD
Unaudited accounts
Contents
TOPHER MCGRILLIS PHOTOGRAPHY LTD
Company Information
for the year ended 31 October 2023
Directors
Christopher McGrillis
Emma McGrillis
Company Number
07842878 (England and Wales)
Registered Office
36 BEACH AVENUE
WHITLEY BAY
TYNE AND WEAR
NE26 1DZ
Accountants
The Books Accountants Ltd
Westbourne House
Main Street
Haltwhistle
Northumberland
NE49 0AZ
TOPHER MCGRILLIS PHOTOGRAPHY LTD
Statement of financial position
as at 31 October 2023
Tangible assets
33,536
30,811
Cash at bank and in hand
16,672
12,065
Creditors: amounts falling due within one year
77,123
25,957
Net current assets
102,417
57,837
Called up share capital
2
2
Profit and loss account
135,951
88,646
Shareholders' funds
135,953
88,648
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by
Christopher McGrillis
Director
Company Registration No. 07842878
TOPHER MCGRILLIS PHOTOGRAPHY LTD
Notes to the Accounts
for the year ended 31 October 2023
TOPHER MCGRILLIS PHOTOGRAPHY LTD is a private company, limited by shares, registered in England and Wales, registration number 07842878. The registered office is 36 BEACH AVENUE, WHITLEY BAY, TYNE AND WEAR, NE26 1DZ.
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:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
53,059
9,166
62,225
At 31 October 2023
63,308
9,166
72,474
At 1 November 2022
30,268
1,146
31,414
Charge for the year
5,919
1,605
7,524
At 31 October 2023
36,187
2,751
38,938
At 31 October 2023
27,121
6,415
33,536
At 31 October 2022
22,791
8,020
30,811
Amounts falling due within one year
Trade debtors
8,622
19,815
TOPHER MCGRILLIS PHOTOGRAPHY LTD
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,667
17,667
Taxes and social security
16,499
19,642
Loans from directors
(110,289)
(63,266)
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).