Silverfin false false 31/01/2024 04/01/2023 31/01/2024 S E Stewart 04/01/2023 02 August 2024 The principal activity of the Company during the financial period was photography. 14569176 2024-01-31 14569176 bus:Director1 2024-01-31 14569176 core:CurrentFinancialInstruments 2024-01-31 14569176 core:ShareCapital 2024-01-31 14569176 core:RetainedEarningsAccumulatedLosses 2024-01-31 14569176 core:OtherPropertyPlantEquipment 2023-01-03 14569176 2023-01-03 14569176 core:OtherPropertyPlantEquipment 2024-01-31 14569176 bus:OrdinaryShareClass1 2024-01-31 14569176 2023-01-04 2024-01-31 14569176 bus:FilletedAccounts 2023-01-04 2024-01-31 14569176 bus:SmallEntities 2023-01-04 2024-01-31 14569176 bus:AuditExemptWithAccountantsReport 2023-01-04 2024-01-31 14569176 bus:PrivateLimitedCompanyLtd 2023-01-04 2024-01-31 14569176 bus:Director1 2023-01-04 2024-01-31 14569176 core:OtherPropertyPlantEquipment core:TopRangeValue 2023-01-04 2024-01-31 14569176 core:OtherPropertyPlantEquipment 2023-01-04 2024-01-31 14569176 bus:OrdinaryShareClass1 2023-01-04 2024-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14569176 (England and Wales)

SAM STEWART PHOTOGRAPHY LIMITED

Unaudited Financial Statements
For the financial period from 04 January 2023 to 31 January 2024
Pages for filing with the registrar

SAM STEWART PHOTOGRAPHY LIMITED

Unaudited Financial Statements

For the financial period from 04 January 2023 to 31 January 2024

Contents

SAM STEWART PHOTOGRAPHY LIMITED

BALANCE SHEET

As at 31 January 2024
SAM STEWART PHOTOGRAPHY LIMITED

BALANCE SHEET (continued)

As at 31 January 2024
Note 31.01.2024
£
Fixed assets
Tangible assets 3 6,046
6,046
Current assets
Cash at bank and in hand 61,513
61,513
Creditors: amounts falling due within one year 4 ( 29,404)
Net current assets 32,109
Total assets less current liabilities 38,155
Net assets 38,155
Capital and reserves
Called-up share capital 5 10
Profit and loss account 38,145
Total shareholder's funds 38,155

For the financial period ending 31 January 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Sam Stewart Photography Limited (registered number: 14569176) were approved and authorised for issue by the Director on 02 August 2024. They were signed on its behalf by:

S E Stewart
Director
SAM STEWART PHOTOGRAPHY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 04 January 2023 to 31 January 2024
SAM STEWART PHOTOGRAPHY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 04 January 2023 to 31 January 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Sam Stewart Photography Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Pkf Francisclark, Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

Reporting period length is a longer period of 4 January 2023 to 31 January 2024. This is due to it being the year of incorporation.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery etc. 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

Period from
04.01.2023 to
31.01.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 04 January 2023 0 0
Additions 7,767 7,767
At 31 January 2024 7,767 7,767
Accumulated depreciation
At 04 January 2023 0 0
Charge for the financial period 1,721 1,721
At 31 January 2024 1,721 1,721
Net book value
At 31 January 2024 6,046 6,046

4. Creditors: amounts falling due within one year

31.01.2024
£
Taxation and social security 21,169
Other creditors 8,235
29,404

5. Called-up share capital

31.01.2024
£
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each 10