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REGISTERED NUMBER: 07450706 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 December 2024

for

It's All Sorted Productions Limited

It's All Sorted Productions Limited (Registered number: 07450706)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


It's All Sorted Productions Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs G M E M Barlow
M J Barlow
Mrs M E Evans



REGISTERED OFFICE: 4 Union Road
London
SW4 6JF



REGISTERED NUMBER: 07450706 (England and Wales)



ACCOUNTANTS: James, Stanley & Co. Limited
1,733 Coventry Road
South Yardley
Birmingham
West Midlands
B26 1DT



BANKERS: Barclays Bank plc
193 Camden High Street
London
NW1 7PJ

It's All Sorted Productions Limited (Registered number: 07450706)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Property, plant and equipment 6 256,687 266,044
256,687 266,044

CURRENT ASSETS
Inventories 7 - 571
Debtors 8 263,759 293,040
Cash at bank 85,284 46,612
349,043 340,223
CREDITORS
Amounts falling due within one
year

9

550,934

600,559
NET CURRENT LIABILITIES (201,891 ) (260,336 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,796

5,708

CREDITORS
Amounts falling due after more
than one year

10

(107,270

)

(142,654

)

PROVISIONS FOR LIABILITIES (184 ) (961 )
NET LIABILITIES (52,658 ) (137,907 )

CAPITAL AND RESERVES
Called up share capital 13 100 100
Retained earnings (52,758 ) (138,007 )
SHAREHOLDERS' FUNDS (52,658 ) (137,907 )

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.

It's All Sorted Productions Limited (Registered number: 07450706)

Balance Sheet - continued
31 December 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 1 August 2025 and were signed on its behalf by:




Mrs G M E M Barlow - Director



Mrs M E Evans - Director


It's All Sorted Productions Limited (Registered number: 07450706)

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

1. STATUTORY INFORMATION

It's All Sorted Productions Limited 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. There were no material departures from that accounting standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

At 31 December 2024, the company had net current liabilities of £201,891, however the directors believe that the company will be able to meet its liabilities as they fall due and therefore feels it appropriate to draw up these financial statements on the going concern basis. These financial statements do not include any adjustments that would result should the company be unable to continue trading.

Turnover
Turnover represents net invoiced sales of photographic services provided and image sales, excluding value added tax.

Income from photographic usage is recognised over the usage period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 2% on cost
Plant and machinery - 20% on cost
Computer equipment - 20% on cost

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


It's All Sorted Productions Limited (Registered number: 07450706)

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

3. 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.

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.

Loans from directors
As a small entity the company measures a basic financial liability that are loans from directors at transaction price.

4. EMPLOYEES AND DIRECTORS

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

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 201,250
AMORTISATION
At 1 January 2024
and 31 December 2024 201,250
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

It's All Sorted Productions Limited (Registered number: 07450706)

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

6. PROPERTY, PLANT AND EQUIPMENT
Long Plant and Computer
leasehold machinery equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 January 2024 312,414 9,782 17,067 339,263
Disposals - - (7,266 ) (7,266 )
At 31 December 2024 312,414 9,782 9,801 331,997
DEPRECIATION
At 1 January 2024 50,214 9,422 13,583 73,219
Charge for year 6,249 360 1,719 8,328
Eliminated on disposal - - (6,237 ) (6,237 )
At 31 December 2024 56,463 9,782 9,065 75,310
NET BOOK VALUE
At 31 December 2024 255,951 - 736 256,687
At 31 December 2023 262,200 360 3,484 266,044

Cost or valuation at 31 December 2024 is represented by:

Long Plant and Computer
leasehold machinery equipment Totals
£    £    £    £   
Valuation in 2016 72,927 - - 72,927
Valuation in 2023 (107,106 ) - - (107,106 )
Cost 346,593 9,782 9,801 366,176
312,414 9,782 9,801 331,997

If leasehold property had not been revalued independently on an open market value basis it would have been included at the following historical cost:

31.12.2431.12.23
£   £   
Cost346,593346,593
=============
Aggregate depreciation62,69355,761
=============


Deferred taxation which would arise if assets were disposed of at their revalued amounts has been provided for in these financial statements.

7. INVENTORIES
31.12.24 31.12.23
£    £   
Stocks - 571

It's All Sorted Productions Limited (Registered number: 07450706)

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

8. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors - 16,926
Other debtors 10,649 42,025
Prepayments and accrued income 253,110 226,833
263,759 285,784

Amounts falling due after more than one year:
Other debtors - 7,256

Aggregate amounts 263,759 293,040

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 35,408 36,231
Trade creditors 66,467 179,684
Tax 1,428 5,442
Social security and other taxes 13,975 5,258
Other creditors 12,396 12,286
Directors' current accounts 61,572 16,572
Accruals and deferred income 359,688 345,086
550,934 600,559

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 107,270 142,654

11. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 11,713 11,713
Between one and five years 5,857 17,570
17,570 29,283

It's All Sorted Productions Limited (Registered number: 07450706)

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

12. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 142,678 178,885

Barclays Bank plc hold a legal charge over the company's property at Unit 2A, Singer Mews, 4-14 Union Road, London dated 1 December 2015.

The bank loans are repayable by instalments and the amount falling due after five years totals £18,570 (2023 - £41,355).

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary 1 100 100

14. CAPITAL COMMITMENTS
31.12.24 31.12.23
£    £   
Contracted but not provided for in the
financial statements - -

15. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
Mrs M E Evans
Balance outstanding at start of year 21,499 5,373
Amounts advanced - 16,126
Amounts repaid (21,499 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 21,499

16. RELATED PARTY DISCLOSURES

Loans with key management personnel are unsecured and interest free with no specific repayment terms.