| MATT WILLIS PHOTOGRAPHY LTD |
| Registered Number:10987040 |
For the period ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the period ended 31 March 2025
MATT WILLIS PHOTOGRAPHY LTD
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
MATT WILLIS PHOTOGRAPHY LTD
Statement of Financial Position
2023
2025
| Property, plant and equipment |
-
3,758
2
-
3,758
| Trade and other receivables |
35,067
42,922
3
3,723
| Cash and cash equivalents |
878
43,800
38,790
| Trade and other payables: amounts falling due within one |
| year |
(28,123)
(30,584)
4
10,667
13,216
Net current assets
| Total assets less current liabilities |
13,216
14,425
| Trade and other payables: amounts falling due after more |
| than one year |
(13,019)
(13,214)
5
-
(714)
| Provisions for liabilities |
2
Net assets
692
2
2
-
690
2
692
Shareholders' funds
| For the period ended 31 March 2025 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 of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Matthew John Willis Director |
| These financial statements were approved and authorised for issue by the Board on 07 April 2025 and were signed by: |
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For the period ended 31 March 2025
MATT WILLIS PHOTOGRAPHY LTD
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the period ended 31 March 2025
MATT WILLIS PHOTOGRAPHY LTD
Notes to the Financial Statements
Statutory Information
| MATT WILLIS PHOTOGRAPHY LTD is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 10987040. |
42 Hilldale Road
Backwell
Bristol
BS48 3JZ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer & Equipment
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the period ended 31 March 2025
MATT WILLIS PHOTOGRAPHY LTD
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
8,509
602
(9,111)
-
| Provision for depreciation and impairment |
4,751
(4,751)
-
-
3,758
| 3. Trade and other receivables |
2023
2025
| Amounts owed by directors |
42,922
35,067
| 4. Trade and other payables: amounts falling due within one year |
2023
2025
60
-
| Taxation and social security |
29,564
19,333
| Accruals and deferred income |
960
8,790
30,584
28,123
| 5. Trade and other payables: amounts falling due after more than one year |
2023
2025
13,214
13,019
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For the period ended 31 March 2025
MATT WILLIS PHOTOGRAPHY LTD
Notes to the Financial Statements Continued
| 6. Related party transactions |
| The ultimate controlling party during the year was Matthew Willis & Sarah Willis , directors , whom controls the |
| company by virtue of each owning 50% of the share capital. |
| At the balance sheet date aggregate directors' loans were overdrawn by £43,845 ( 30/9/23 overdrawn £35,067. |
| 7. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 2)
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