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Company Registration No. 09582487 (England and Wales)
ISO Photographic Limited Unaudited accounts for the year ended 31 May 2024
ISO Photographic Limited Unaudited accounts Contents
Page
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ISO Photographic Limited Company Information for the year ended 31 May 2024
Director
Mr Mark Andrew Wheelwright
Company Number
09582487 (England and Wales)
Registered Office
I S O Photographic Ltd Unit 22B 30-34 Aire Street Leeds West Yorkshire LS1 4HT England
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ISO Photographic Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,272 
11,975 
Current assets
Debtors
2,180 
- 
Cash at bank and in hand
7,869 
669 
10,049 
669 
Creditors: amounts falling due within one year
(16,879)
(15,061)
Net current liabilities
(6,830)
(14,392)
Total assets less current liabilities
5,442 
(2,417)
Creditors: amounts falling due after more than one year
(2,733)
(6,538)
Net assets/(liabilities)
2,709 
(8,955)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,708 
(8,956)
Shareholders' funds
2,709 
(8,955)
For the year ending 31 May 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 22 January 2025 and were signed on its behalf by
Mr Mark Andrew Wheelwright Director Company Registration No. 09582487
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ISO Photographic Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
ISO Photographic Limited is a private company, limited by shares, registered in England and Wales, registration number 09582487. The registered office is I S O Photographic Ltd, Unit 22B, 30-34 Aire Street, Leeds, West Yorkshire, LS1 4HT, 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:
Fixtures & fittings
25% RB
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
35,331 
Additions
4,978 
Disposals
(1,049)
At 31 May 2024
39,260 
Depreciation
At 1 June 2023
23,356 
Charge for the year
4,091 
On disposals
(459)
At 31 May 2024
26,988 
Net book value
At 31 May 2024
12,272 
At 31 May 2023
11,975 
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ISO Photographic Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,180 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,381 
1,850 
Obligations under finance leases and hire purchase contracts
1,436 
1,545 
Trade creditors
34 
13 
Taxes and social security
1,574 
- 
Loans from directors
12,454 
11,653 
16,879 
15,061 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,230 
4,992 
Obligations under finance leases and hire purchase contracts
503 
1,546 
2,733 
6,538 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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