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REGISTERED NUMBER: 07694520 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Colin Campbell Photography Ltd

Colin Campbell Photography Ltd (Registered number: 07694520)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Colin Campbell Photography Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Colin Campbell





REGISTERED OFFICE: Studio A Reliance Wharf
2-10 Hertford Road
London
N1 5EW





REGISTERED NUMBER: 07694520 (England and Wales)





ACCOUNTANTS: CPS Accountancy Ltd
Chartered Certified Accountants
C205 The Chocolate Factory
5 Clarendon Road
Wood Green
London
N22 6XJ

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Colin Campbell Photography Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Colin Campbell Photography Ltd for the year ended 31 July 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Colin Campbell Photography Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Colin Campbell Photography Ltd and state those matters that we have agreed to state to the director of Colin Campbell Photography Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Colin Campbell Photography Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Colin Campbell Photography Ltd. You consider that Colin Campbell Photography Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Colin Campbell Photography Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






CPS Accountancy Ltd
Chartered Certified Accountants
C205 The Chocolate Factory
5 Clarendon Road
Wood Green
London
N22 6XJ


2 April 2025

Colin Campbell Photography Ltd (Registered number: 07694520)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 13,200
Tangible assets 5 71,042 62,513
71,042 75,713

CURRENT ASSETS
Debtors 6 25,211 67,691
Cash at bank and in hand 103,223 49,497
128,434 117,188
CREDITORS
Amounts falling due within one year 7 81,230 60,151
NET CURRENT ASSETS 47,204 57,037
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,246

132,750

CREDITORS
Amounts falling due after more than
one year

8

32,405

37,965
NET ASSETS 85,841 94,785

Colin Campbell Photography Ltd (Registered number: 07694520)

Balance Sheet - continued
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 85,741 94,685
SHAREHOLDERS' FUNDS 85,841 94,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 2 April 2025 and were signed by:





Colin Campbell - Director


Colin Campbell Photography Ltd (Registered number: 07694520)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Colin Campbell 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance

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.


Colin Campbell Photography Ltd (Registered number: 07694520)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 132,036
AMORTISATION
At 1 August 2023 118,836
Amortisation for year 13,200
At 31 July 2024 132,036
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 13,200

Colin Campbell Photography Ltd (Registered number: 07694520)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2023 201,525
Additions 32,209
At 31 July 2024 233,734
DEPRECIATION
At 1 August 2023 139,012
Charge for year 23,680
At 31 July 2024 162,692
NET BOOK VALUE
At 31 July 2024 71,042
At 31 July 2023 62,513

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 1,110 30,000
Other debtors 5,000 -
VAT 14,101 2,411
Prepayments and accrued income - 35,280
Prepayments 5,000 -
25,211 67,691

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 50,828 25,103
Tax 16,970 16,036
Social security and other taxes 45 -
Other creditors 2,607 7,000
Directors' loan accounts - 2,162
Accrued expenses 10,780 9,850
81,230 60,151

Colin Campbell Photography Ltd (Registered number: 07694520)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans - 2-5 years 32,405 37,965