IRIS Accounts Production v25.2.0.378 07670160 director 1.7.20 30.6.21 30.6.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076701602020-06-30076701602021-06-30076701602020-07-012021-06-30076701602019-06-30076701602019-07-012020-06-30076701602020-06-3007670160ns15:EnglandWales2020-07-012021-06-3007670160ns14:PoundSterling2020-07-012021-06-3007670160ns10:Director12020-07-012021-06-3007670160ns10:PrivateLimitedCompanyLtd2020-07-012021-06-3007670160ns10:SmallEntities2020-07-012021-06-3007670160ns10:AuditExempt-NoAccountantsReport2020-07-012021-06-3007670160ns10:SmallCompaniesRegimeForDirectorsReport2020-07-012021-06-3007670160ns10:SmallCompaniesRegimeForAccounts2020-07-012021-06-3007670160ns10:FullAccounts2020-07-012021-06-3007670160ns5:CurrentFinancialInstruments2021-06-3007670160ns5:CurrentFinancialInstruments2020-06-3007670160ns5:ShareCapital2021-06-3007670160ns5:ShareCapital2020-06-3007670160ns5:RetainedEarningsAccumulatedLosses2021-06-3007670160ns5:RetainedEarningsAccumulatedLosses2020-06-3007670160ns10:RegisteredOffice2020-07-012021-06-3007670160ns5:PlantMachinery2020-06-3007670160ns5:PlantMachinery2020-07-012021-06-3007670160ns5:PlantMachinery2021-06-3007670160ns5:PlantMachinery2020-06-3007670160ns5:WithinOneYearns5:CurrentFinancialInstruments2021-06-3007670160ns5:WithinOneYearns5:CurrentFinancialInstruments2020-06-30
REGISTERED NUMBER: 07670160 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2021

for

Neil Stoddart Photography Limited

Neil Stoddart Photography Limited (Registered number: 07670160)






Contents of the Financial Statements
for the Year Ended 30 June 2021




Page

Balance Sheet 1

Notes to the Financial Statements 3


Neil Stoddart Photography Limited (Registered number: 07670160)

Balance Sheet
30 June 2021

2021 2020
Notes £    £    £    £   
Fixed assets
Tangible assets 4 3,369 3,880

Current assets
Debtors 5 1 4,358
Cash at bank 877 13,434
878 17,792
Creditors: amounts falling due within
one year

6

9,898

21,396
Net current liabilities (9,020 ) (3,604 )
Total assets less current liabilities (5,651 ) 276

Capital and reserves
Called up share capital 1 1
Retained earnings (5,652 ) 275
Shareholders' funds (5,651 ) 276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Neil Stoddart Photography Limited (Registered number: 07670160)

Balance Sheet - continued
30 June 2021


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 August 2025 and were signed by:





N Stoddart - Director


Neil Stoddart Photography Limited (Registered number: 07670160)

Notes to the Financial Statements
for the Year Ended 30 June 2021

1. Statutory information

Neil Stoddart Photography Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07670160

Registered office: 46 Hove Manor
Hove Street
Hove
East Sussex
BN3 2DG

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 and represents amounts receivable for services rendered, stated net of VAT and discounts. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery - 25% Straight Line

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.


Neil Stoddart Photography Limited (Registered number: 07670160)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2021

2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Employees and directors

The average number of employees during the year was 1 (2020 - 1 ) .

4. Tangible fixed assets
Plant and
machinery
£   
Cost
At 1 July 2020
and 30 June 2021 24,435
Depreciation
At 1 July 2020 20,555
Charge for year 511
At 30 June 2021 21,066
Net book value
At 30 June 2021 3,369
At 30 June 2020 3,880

5. Debtors: amounts falling due within one year
2021 2020
£    £   
Other debtors 1 4,358

Neil Stoddart Photography Limited (Registered number: 07670160)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2021

6. Creditors: amounts falling due within one year
2021 2020
£    £   
Taxation and social security - 4,116
Other creditors 9,898 17,280
9,898 21,396

7. Related party disclosures

Within creditors is £8,878 (2020:£13,164) owed to the director.