Registered number
03757182
John Deehan Photography Ltd
Filleted Accounts
30 April 2024
John Deehan Photography Ltd
Registered number: 03757182
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 10,765 14,061
Current assets
Debtors 4 5,226 7,246
Cash at bank and in hand 14,649 5,800
19,875 13,046
Creditors: amounts falling due within one year 5 (6,793) (6,157)
Net current assets 13,082 6,889
Total assets less current liabilities 23,847 20,950
Creditors: amounts falling due after more than one year 6 (6,400) (8,800)
Net assets 17,447 12,150
Capital and reserves
Called up share capital 2 2
Profit and loss account 17,445 12,148
Shareholders' funds 17,447 12,150
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Deehan
Director
Approved by the board on 22 August 2024
John Deehan Photography Ltd
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures and fittings at 25% reducing balance
Plant and machinery at 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Fixtures and fittings Plant and machinery etc Total
£ £ £
Cost
At 1 May 2023 5,050 31,685 36,735
Additions - 250 250
At 30 April 2024 5,050 31,935 36,985
Depreciation
At 1 May 2023 1,818 20,856 22,674
Charge for the year 808 2,738 3,546
At 30 April 2024 2,626 23,594 26,220
Net book value
At 30 April 2024 2,424 8,341 10,765
At 30 April 2023 3,232 10,829 14,061
4 Debtors 2024 2023
£ £
Trade debtors 5,226 7,246
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 5,728 4,789
Other creditors 1,065 1,368
6,793 6,157
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 6,400 8,800
7 Other information
John Deehan Photography Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Devonshire House
582 Honeypot Lane
Stanmore
HA7 1JS
John Deehan Photography Ltd 03757182 false 2023-05-01 2024-04-30 2024-04-30 VT Final Accounts April 2024 A Deehan No description of principal activity 03757182 2022-05-01 2023-04-30 03757182 core:WithinOneYear 2023-04-30 03757182 core:AfterOneYear 2023-04-30 03757182 core:ShareCapital 2023-04-30 03757182 core:RetainedEarningsAccumulatedLosses 2023-04-30 03757182 2023-05-01 2024-04-30 03757182 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 03757182 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 03757182 bus:Director40 2023-05-01 2024-04-30 03757182 1 2023-05-01 2024-04-30 03757182 2 2023-05-01 2024-04-30 03757182 core:LandBuildings 2023-05-01 2024-04-30 03757182 core:PlantMachinery 2023-05-01 2024-04-30 03757182 countries:England 2023-05-01 2024-04-30 03757182 bus:FRS102 2023-05-01 2024-04-30 03757182 bus:FilletedAccounts 2023-05-01 2024-04-30 03757182 2024-04-30 03757182 core:WithinOneYear 2024-04-30 03757182 core:AfterOneYear 2024-04-30 03757182 core:ShareCapital 2024-04-30 03757182 core:RetainedEarningsAccumulatedLosses 2024-04-30 03757182 core:LandBuildings 2024-04-30 03757182 core:PlantMachinery 2024-04-30 03757182 2023-04-30 03757182 core:LandBuildings 2023-04-30 03757182 core:PlantMachinery 2023-04-30 iso4217:GBP xbrli:pure