Company Registration No. SC632967 (Scotland)
Fraser Band Photography Limited
Unaudited accounts
for the year ended 30 June 2024
Fraser Band Photography Limited
Unaudited accounts
Contents
Fraser Band Photography Limited
Company Information
for the year ended 30 June 2024
Company Number
SC632967 (Scotland)
Registered Office
32 King Street
Perth
PH2 8JB
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Fraser Band Photography Limited
Statement of financial position
as at 30 June 2024
Tangible assets
8,140
15,688
Cash at bank and in hand
14,725
41,855
Creditors: amounts falling due within one year
(5,992)
(25,845)
Net current assets
11,655
22,034
Total assets less current liabilities
19,795
37,722
Creditors: amounts falling due after more than one year
(11,417)
(13,529)
Called up share capital
100
100
Profit and loss account
8,278
24,093
Shareholders' funds
8,378
24,193
For the year ending 30 June 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 4 January 2025 and were signed on its behalf by
Fraser Band
Director
Company Registration No. SC632967
Fraser Band Photography Limited
Notes to the Accounts
for the year ended 30 June 2024
Fraser Band Photography Limited is a private company, limited by shares, registered in Scotland, registration number SC632967. The registered office is 32 King Street , Perth , PH2 8JB.
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
20% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
20,778
14,352
5,747
40,877
At 30 June 2024
21,594
14,352
5,747
41,693
At 1 July 2023
14,877
5,740
4,572
25,189
Charge for the year
4,318
2,871
1,175
8,364
At 30 June 2024
19,195
8,611
5,747
33,553
At 30 June 2024
2,399
5,741
-
8,140
At 30 June 2023
5,901
8,612
1,175
15,688
Amounts falling due within one year
Fraser Band Photography Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,112
1,617
Taxes and social security
(251)
2,517
Loans from directors
175
17,597
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,417
13,529
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).