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Company Registration No. 04656842 (England and Wales)
Martin Neeves Photography Limited Unaudited accounts for the year ended 31 March 2024
Martin Neeves Photography Limited Unaudited accounts Contents
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Martin Neeves Photography Limited Company Information for the year ended 31 March 2024
Director
K Neeves
Company Number
04656842 (England and Wales)
Registered Office
Shire House Ltd Shire House 4 Long Street, Stoney Stanton Leicester Leicestershire LE9 4DQ England
Accountants
JS Accountancy Services Measham Business Centre 56 High Street/Queens Street Measham Derbyshire DE12 7HZ
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Martin Neeves Photography Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,206 
2,737 
Current assets
Debtors
9,698 
4,536 
Cash at bank and in hand
5,743 
20,792 
15,441 
25,328 
Creditors: amounts falling due within one year
(14,524)
(17,606)
Net current assets
917 
7,722 
Total assets less current liabilities
2,123 
10,459 
Creditors: amounts falling due after more than one year
- 
(3,900)
Net assets
2,123 
6,559 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,023 
6,459 
Shareholders' funds
2,123 
6,559 
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 20 November 2024 and were signed on its behalf by
K Neeves Director Company Registration No. 04656842
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Martin Neeves Photography Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Martin Neeves Photography Limited is a private company, limited by shares, registered in England and Wales, registration number 04656842. The registered office is Shire House Ltd, Shire House, 4 Long Street, Stoney Stanton, Leicester, Leicestershire, LE9 4DQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
33% on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Martin Neeves Photography Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
4,894 
At 31 March 2024
4,894 
Depreciation
At 1 April 2023
2,157 
Charge for the year
1,531 
At 31 March 2024
3,688 
Net book value
At 31 March 2024
1,206 
At 31 March 2023
2,737 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,455 
4,072 
Accrued income and prepayments
243 
464 
9,698 
4,536 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
1,800 
Taxes and social security
(821)
(148)
Other creditors
- 
825 
Loans from directors
14,745 
14,529 
Accruals
600 
600 
14,524 
17,606 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
3,900 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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