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REGISTERED NUMBER: 13356477 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Photovalue Uk Ltd

Photovalue Uk Ltd (Registered number: 13356477)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Photovalue Uk Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: R Ryle
K Ryle





REGISTERED OFFICE: Bridge House Old Grantham Road
Whatton
Nottingham
Nottinghamshire
NG13 9FG





REGISTERED NUMBER: 13356477 (England and Wales)





ACCOUNTANTS: Tuerner & Co Limited
Chartered Accountants
Bridge House
Old Grantham Road
Whatton
Nottingham
NG13 9FG

Photovalue Uk Ltd (Registered number: 13356477)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Debtors 5 174,653 235,418
Cash at bank 262,066 294,494
436,719 529,912
CREDITORS
Amounts falling due within one year 6 82,812 180,903
NET CURRENT ASSETS 353,907 349,009
TOTAL ASSETS LESS CURRENT
LIABILITIES

353,907

349,009

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 352,907 348,009
SHAREHOLDERS' FUNDS 353,907 349,009

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:





R Ryle - Director


Photovalue Uk Ltd (Registered number: 13356477)

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


1. STATUTORY INFORMATION

Photovalue Uk 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

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

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Revenue is recognised when the goods are despatched.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 166,887 206,018
Other debtors 7,766 29,400
174,653 235,418

Photovalue Uk Ltd (Registered number: 13356477)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 274 1,353
Amounts owed to group undertakings 6,652 99,453
Taxation and social security 71,581 75,576
Other creditors 4,305 4,521
82,812 180,903

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1,000 Share capital 1 1 1,000 1,000

8. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Photovalue Holdings Ltd, a company incorporated in Ireland.