Company Registration No. 12506010 (England and Wales)
CHRIS VAUGHAN PHOTOGRAPHY LIMITED
Unaudited accounts
for the year ended 31 March 2025
CHRIS VAUGHAN PHOTOGRAPHY LIMITED
Unaudited accounts
Contents
CHRIS VAUGHAN PHOTOGRAPHY LIMITED
Company Information
for the year ended 31 March 2025
Director
Christopher Simon Francis Vaughan
Company Number
12506010 (England and Wales)
Registered Office
COMMERCE HOUSE
CARLTON BOULEVARD
LINCOLN
LINCOLNSHIRE
LN2 4WJ
ENGLAND
Accountants
Accsafe Ltd T/A D&K Accounting
Office 2, The Beehive
Bawtry Hall
Bawtry
South Yorkshire
DN10 6JH
CHRIS VAUGHAN PHOTOGRAPHY LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
3,356
4,278
Cash at bank and in hand
29,647
17,877
Creditors: amounts falling due within one year
(12,863)
(5,337)
Net current assets
22,188
17,842
Called up share capital
1
1
Profit and loss account
25,543
22,119
Shareholders' funds
25,544
22,120
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 8 July 2025 and were signed on its behalf by
Christopher Simon Francis Vaughan
Director
Company Registration No. 12506010
CHRIS VAUGHAN PHOTOGRAPHY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
CHRIS VAUGHAN PHOTOGRAPHY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12506010. The registered office is COMMERCE HOUSE, CARLTON BOULEVARD, LINCOLN, LINCOLNSHIRE, LN2 4WJ, ENGLAND.
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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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% Reducing Balance Method
Fixtures & fittings
25% Straight Line Method
Computer equipment
25% Straight Line Method
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
1,280
158
4,264
5,702
At 31 March 2025
1,280
158
4,264
5,702
At 1 April 2024
487
79
858
1,424
Charge for the year
198
40
684
922
At 31 March 2025
685
119
1,542
2,346
At 31 March 2025
595
39
2,722
3,356
At 31 March 2024
793
79
3,406
4,278
CHRIS VAUGHAN PHOTOGRAPHY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,718
1,726
Loans from directors
6,210
300
7
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
3,612
3,612
Later than one year and not later than five years
-
3,612
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Average number of employees
During the year the average number of employees was 1 (2024: 1).