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REGISTERED NUMBER: 08212556 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Positivenegatives

Positivenegatives (Registered number: 08212556)

Contents of the Financial Statements
for the year ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Positivenegatives

Company Information
for the year ended 30 September 2024







DIRECTORS: Dr B J Dix
R Dix





REGISTERED OFFICE: 19 Sunnydale Avenue
Brighton
BN1 8NR





REGISTERED NUMBER: 08212556 (England and Wales)





ACCOUNTANTS: Tayabali Tomlin
Chartered Accountants
Kenton House
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA

Positivenegatives (Registered number: 08212556)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,199 5,363

CURRENT ASSETS
Debtors 5 42,210 11,045
Cash at bank 126,333 162,647
168,543 173,692
CREDITORS
Amounts falling due within one year 6 23,945 62,160
NET CURRENT ASSETS 144,598 111,532
TOTAL ASSETS LESS CURRENT
LIABILITIES

149,797

116,895

PROVISIONS FOR LIABILITIES 987 1,018
NET ASSETS 148,810 115,877

RESERVES
Income and expenditure account 148,810 115,877
148,810 115,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 surplus or deficit 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.

Positivenegatives (Registered number: 08212556)

Balance Sheet - continued
30 September 2024


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 9 June 2025 and were signed on its behalf by:





Dr B J Dix - Director


Positivenegatives (Registered number: 08212556)

Notes to the Financial Statements
for the year ended 30 September 2024


1. STATUTORY INFORMATION

Positivenegatives is a private company, limited by guarantee , 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
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.

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.

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.

Positivenegatives (Registered number: 08212556)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 2,580 11,459 14,039
Additions - 1,569 1,569
At 30 September 2024 2,580 13,028 15,608
DEPRECIATION
At 1 October 2023 1,637 7,039 8,676
Charge for year 236 1,497 1,733
At 30 September 2024 1,873 8,536 10,409
NET BOOK VALUE
At 30 September 2024 707 4,492 5,199
At 30 September 2023 943 4,420 5,363

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 40,337 2,733
Other debtors 1,873 8,312
42,210 11,045

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 14,618 5,794
Other creditors 9,327 56,366
23,945 62,160

Positivenegatives (Registered number: 08212556)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


7. RELATED PARTY DISCLOSURES

During the year fees in the sum of £20,000 (2023: £38,500) were paid to BJD Consulting Ltd, a company in which a director has an interest.The transactions were carried out on an arms length basis.

Included within creditors: amounts falling due within one year is a director's loan account in the sum of £1,605 (2023: £1,647). The account is unsecured, interest free and carries no fixed date of repayment.