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REGISTERED NUMBER: 14162575 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Chris Morgan Photography Ltd

Chris Morgan Photography Ltd (Registered number: 14162575)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Chris Morgan Photography Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: C V Morgan





SECRETARY:





REGISTERED OFFICE: 55 Villiers Road
Kingston Upon Thames
KT1 3AP





REGISTERED NUMBER: 14162575 (England and Wales)





ACCOUNTANTS: Richard Symonds FCA FCCA
Symonds & Co Chartered Accountants
Sunny Nook
Barhatch Road
Cranleigh
Surrey
GU6 7DJ

Chris Morgan Photography Ltd (Registered number: 14162575)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,315 16,601

CURRENT ASSETS
Debtors 5 24,586 35,262
Cash at bank 59,093 10,393
83,679 45,655
CREDITORS
Amounts falling due within one year 6 34,445 24,940
NET CURRENT ASSETS 49,234 20,715
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,549

37,316

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 72,548 37,315
72,549 37,316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:





C V Morgan - Director


Chris Morgan Photography Ltd (Registered number: 14162575)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Chris Morgan Photography Ltd 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. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

Chris Morgan Photography Ltd (Registered number: 14162575)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023 20,751
Additions 13,580
At 30 June 2024 34,331
DEPRECIATION
At 1 July 2023 4,150
Charge for year 6,866
At 30 June 2024 11,016
NET BOOK VALUE
At 30 June 2024 23,315
At 30 June 2023 16,601

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 24,586 35,262

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 2,316 -
Tax 23,162 11,718
VAT 6,769 -
Other creditors 758 -
Directors' loan accounts 1,440 12,934
Accrued expenses - 288
34,445 24,940

7. RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed the director £1,440.00 (2023 £12,934.00). This amount has been included within creditors on the balance sheet.

8. ULTIMATE CONTROLLING PARTY

The controlling party is C V Morgan.