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REGISTERED NUMBER: 12021479 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Story Film & Photography Limited

Story Film & Photography Limited (Registered number: 12021479)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Story Film & Photography Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M A E Dolby
J S Lund





REGISTERED OFFICE: Suite 301
Belmont Business Centre
7 Burnett Street
Bradford
West Yorkshire
BD1 5BJ





REGISTERED NUMBER: 12021479 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Story Film & Photography Limited (Registered number: 12021479)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 21,843 24,464

CURRENT ASSETS
Debtors 6 14,186 67,985
Cash at bank 29,929 25,912
44,115 93,897
CREDITORS
Amounts falling due within one year 7 (43,611 ) (64,129 )
NET CURRENT ASSETS 504 29,768
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,347

54,232

CREDITORS
Amounts falling due after more than one
year

8

(7,563

)

(11,637

)

PROVISIONS FOR LIABILITIES (5,693 ) (6,483 )
NET ASSETS 9,091 36,112

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,991 36,012
SHAREHOLDERS' FUNDS 9,091 36,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

Story Film & Photography Limited (Registered number: 12021479)

Statement of Financial Position - continued
31 March 2024



The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2024 and were signed on its behalf by:





M A E Dolby - Director


Story Film & Photography Limited (Registered number: 12021479)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Story Film & Photography Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

Story Film & Photography Limited (Registered number: 12021479)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 3,089 2,187 37,051 42,327
Additions - 461 6,989 7,450
At 31 March 2024 3,089 2,648 44,040 49,777
DEPRECIATION
At 1 April 2023 753 361 16,749 17,863
Charge for year 351 229 9,491 10,071
At 31 March 2024 1,104 590 26,240 27,934
NET BOOK VALUE
At 31 March 2024 1,985 2,058 17,800 21,843
At 31 March 2023 2,336 1,826 20,302 24,464

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 12,774 66,098
Other debtors 203 -
Prepayments 1,209 1,887
14,186 67,985

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 4,964 4,966
Trade creditors 2,261 808
Tax 11,291 21,574
Social security and other taxes 3,399 4,300
VAT 14,421 17,774
Directors' current accounts 6,125 13,657
Accrued expenses 1,150 1,050
43,611 64,129

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-5 years 7,563 11,637

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Story Film & Photography Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Story Film & Photography Limited for the year ended 31 March 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Story Film & Photography Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Story Film & Photography Limited and state those matters that we have agreed to state to the Board of Directors of Story Film & Photography Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Story Film & Photography Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Story Film & Photography Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Story Film & Photography Limited. You consider that Story Film & Photography Limited 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 financial statements of Story Film & Photography Limited. 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 financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


4 September 2024