Company Registration No. 10678444 (England and Wales)
Soulphotography Studios Limited
Unaudited accounts
for the year ended 31 March 2024
Soulphotography Studios Limited
Unaudited accounts
Contents
Soulphotography Studios Limited
Company Information
for the year ended 31 March 2024
Company Number
10678444 (England and Wales)
Registered Office
9 Alfreton Road
Wigston
Leicestershire
LE18 1FA
England
Accountants
Advanced Tax Solutions Ltd t/a Tax Made Easy
Unit 24, King Street Buildings
Enderby
Leicester
Leicestershire
LE19 4NT
Soulphotography Studios Limited
Statement of financial position
as at 31 March 2024
Tangible assets
34,175
22,054
Cash at bank and in hand
24,399
39,273
Creditors: amounts falling due within one year
(17,072)
(5,130)
Net current assets
28,997
37,473
Total assets less current liabilities
63,172
59,527
Creditors: amounts falling due after more than one year
(1,819)
(4,356)
Called up share capital
100
100
Profit and loss account
61,253
55,071
Shareholders' funds
61,353
55,171
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 23 September 2024 and were signed on its behalf by
Mikesh Shah
Director
Company Registration No. 10678444
Soulphotography Studios Limited
Notes to the Accounts
for the year ended 31 March 2024
Soulphotography Studios Limited is a private company, limited by shares, registered in England and Wales, registration number 10678444. The registered office is 9 Alfreton Road, Wigston, Leicestershire, LE18 1FA, 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.
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
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
18,179
17,099
10,412
45,690
Additions
-
20,378
4,987
25,365
At 31 March 2024
18,179
37,477
15,399
71,055
At 1 April 2023
12,017
5,291
6,328
23,636
Charge for the year
1,541
8,046
3,657
13,244
At 31 March 2024
13,558
13,337
9,985
36,880
At 31 March 2024
4,621
24,140
5,414
34,175
At 31 March 2023
6,162
11,808
4,084
22,054
Soulphotography Studios Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
20,992
2,920
Accrued income and prepayments
678
410
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,268
2,000
Taxes and social security
1,480
1,392
Loans from directors
11,863
404
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors' Loan Account
404
12,574
1,115
11,863
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).