Company Registration No. 14874367 (England and Wales)
Darryl Snow Photography Ltd
Unaudited accounts
for the year ended 31 March 2025
Darryl Snow Photography Ltd
Unaudited accounts
Contents
Darryl Snow Photography Ltd
Company Information
for the year ended 31 March 2025
Company Number
14874367 (England and Wales)
Registered Office
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
United Kingdom
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Darryl Snow Photography Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
49,194
60,324
Cash at bank and in hand
107,510
64,467
Creditors: amounts falling due within one year
(63,224)
(28,430)
Net current assets
74,378
51,946
Total assets less current liabilities
123,572
112,270
Creditors: amounts falling due after more than one year
(35,893)
(43,289)
Called up share capital
2
2
Profit and loss account
87,677
68,979
Shareholders' funds
87,679
68,981
For the year ending 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 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 12 May 2025 and were signed on its behalf by
Darryl Snow
Director
Company Registration No. 14874367
Darryl Snow Photography Ltd
Notes to the Accounts
for the year ended 31 March 2025
Darryl Snow Photography Ltd is a private company, limited by shares, registered in England and Wales, registration number 14874367. The registered office is Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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:
Motor vehicles
Straight Line - 25%
Computer equipment
Straight Line - 33%
Darryl Snow Photography Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
56,685
7,522
64,207
Disposals
-
(1,155)
(1,155)
At 31 March 2025
56,685
13,376
70,061
At 1 April 2024
2,362
1,521
3,883
Charge for the year
14,171
3,198
17,369
At 31 March 2025
16,533
4,334
20,867
At 31 March 2025
40,152
9,042
49,194
At 31 March 2024
54,323
6,001
60,324
Amounts falling due within one year
Trade debtors
30,092
15,909
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
7,396
7,396
Taxes and social security
43,626
12,727
Loans from directors
294
458
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
35,893
43,289
8
Average number of employees
During the year the average number of employees was 3 (2024: 2).