1 August 2023 false No description of principal activity Taxfiler 2024.6 SC737892business:PrivateLimitedCompanyLtd2023-08-012024-07-31 SC7378922023-07-31 SC7378922023-08-012024-07-31 SC737892business:AuditExemptWithAccountantsReport2023-08-012024-07-31 SC737892business:AbridgedAccounts2023-08-012024-07-31 SC7378922024-07-31 SC737892business:Director12023-08-012024-07-31 SC737892business:Director22023-08-012024-07-31 SC737892business:RegisteredOffice2023-08-012024-07-31 SC7378922023-07-31 SC737892core:WithinOneYear2024-07-31 SC737892core:WithinOneYear2023-07-31 SC737892core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 SC737892core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC737892core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 SC737892core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC737892core:PreviouslyStatedAmount2024-07-31 SC737892core:PreviouslyStatedAmount2023-07-31 SC737892business:SmallEntities2023-08-012024-07-31 SC737892countries:Scotland2023-08-012024-07-31 SC737892core:PlantMachinery2023-08-012024-07-31 SC737892business:Director122023-08-012024-07-31 SC737892business:Director122023-07-31 SC737892business:Director122024-07-31 SC737892business:Director212023-08-012024-07-31 SC737892business:Director212023-07-31 SC737892business:Director212024-07-31 SC7378922022-07-082023-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC737892 (Scotland)
Derek Christie Photography Ltd Unaudited accounts for the year ended 31 July 2024
Derek Christie Photography Ltd Unaudited accounts Contents
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Derek Christie Photography Ltd Company Information for the year ended 31 July 2024
Directors
Mr DT Christie Mrs D Christie
Company Number
SC737892 (Scotland)
Registered Office
8 Marine House Muirfield Drive Gullane East Lothian EH31 2ER
Accountants
GF Accountancy Services Ltd 4 Rowanhill Way Port Seton East Lothian EH32 0SZ
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Derek Christie Photography Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
7,380 
9,840 
Tangible assets
4,731 
5,860 
12,111 
15,700 
Current assets
Debtors
9,141 
9,141 
Cash at bank and in hand
51,023 
28,162 
60,164 
37,303 
Creditors: amounts falling due within one year
(71,653)
(52,839)
Net current liabilities
(11,489)
(15,536)
Net assets
622 
164 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
522 
64 
Shareholders' funds
622 
164 
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by
Mr DT Christie Director Company Registration No. SC737892
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Derek Christie Photography Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Derek Christie Photography Ltd is a private company, limited by shares, registered in Scotland, registration number SC737892. The registered office is 8 Marine House, Muirfield Drive, Gullane, East Lothian, EH31 2ER.
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:
Plant & machinery
20% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. This has been amortised on a straight line basis of 20%.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 August 2023
12,300 
At 31 July 2024
12,300 
Amortisation
At 1 August 2023
2,460 
Charge for the year
2,460 
At 31 July 2024
4,920 
Net book value
At 31 July 2024
7,380 
At 31 July 2023
9,840 
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Derek Christie Photography Ltd Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 August 2023
7,325 
Additions
422 
At 31 July 2024
7,747 
Depreciation
At 1 August 2023
1,465 
Charge for the year
1,551 
At 31 July 2024
3,016 
Net book value
At 31 July 2024
4,731 
At 31 July 2023
5,860 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr DT Christie
Directors Loan
4,500 
4,500 
4,500 
4,500 
Mrs D Christie
Directors Loan
4,500 
4,500 
4,500 
4,500 
9,000 
9,000 
9,000 
9,000 
7
Transactions with related parties
The company was under the control of Mr DT Christie and Mrs D Christie throughout the current and previous period. Mr DT Christie and Mrs D Christie are directors and joint equal shareholders. At the start of the year Mr DT Christie owed the company an amount of £4,500. This amount was repaid in full during the year. A further advance of £4,500 was made during the year. This amount is included in debtors due within one year. No interest was charged on this loan and this loan has been repaid since the balance sheet date. At the start of the year Mrs D Christie owed the company an amount of £4,500. This amount was repaid in full during the year. A further advance of £4,500 was made during the year. This amount is included in debtors due within one year. No interest was charged on this loan and this loan has been repaid since the balance sheet date.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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