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Company Registration No. 04797358 (England and Wales)
Jake Walters Photography Limited Unaudited accounts for the year ended 31 July 2024
Jake Walters Photography Limited Unaudited accounts Contents
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Jake Walters Photography Limited Company Information for the year ended 31 July 2024
Director
J Walters
Company Number
04797358 (England and Wales)
Registered Office
178 Brooke Road London E5 8AP England
Accountants
Tuite Tang Wong Chartered Certified Accountants 15 The Broadway Woodford Green Essex IG8 0HL
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Jake Walters Photography Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
973 
1,297 
Current assets
Debtors
445 
8,715 
Cash at bank and in hand
40,788 
72,710 
41,233 
81,425 
Creditors: amounts falling due within one year
(2,225)
(2,593)
Net current assets
39,008 
78,832 
Net assets
39,981 
80,129 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
39,980 
80,128 
Shareholders' funds
39,981 
80,129 
For the year ending 31 July 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 26 February 2025 and were signed on its behalf by
J Walters Director Company Registration No. 04797358
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Jake Walters Photography Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Jake Walters Photography Limited is a private company, limited by shares, registered in England and Wales, registration number 04797358. The registered office is 178 Brooke Road, London, E5 8AP, 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.
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.
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
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
26,329 
600 
26,929 
At 31 July 2024
26,329 
600 
26,929 
Depreciation
At 1 August 2023
25,286 
346 
25,632 
Charge for the year
261 
63 
324 
At 31 July 2024
25,547 
409 
25,956 
Net book value
At 31 July 2024
782 
191 
973 
At 31 July 2023
1,043 
254 
1,297 
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Jake Walters Photography Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
445 
8,715 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
739 
198 
Other creditors
34 
43 
Accruals
1,452 
2,352 
2,225 
2,593 
7
Transactions with related parties
At the year end, the outstanding amount due to director of the company was £34 (2023: £43).
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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