Company Registration No. 14470063 (England and Wales)
McCann Photo Ltd
Unaudited accounts
for the year ended 30 November 2024
McCann Photo Ltd
Unaudited accounts
Contents
McCann Photo Ltd
Company Information
for the year ended 30 November 2024
Company Number
14470063 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
PO16 0EN
United Kingdom
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
McCann Photo Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
1,134
1,512
Cash at bank and in hand
7,934
4,017
Creditors: amounts falling due within one year
(7,129)
(4,354)
Net current assets/(liabilities)
3,305
(337)
Called up share capital
100
100
Profit and loss account
4,339
1,075
Shareholders' funds
4,439
1,175
For the year ending 30 November 2024 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 her 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 16 May 2025 and were signed on its behalf by
Tegan Mccann
Director
Company Registration No. 14470063
McCann Photo Ltd
Notes to the Accounts
for the year ended 30 November 2024
McCann Photo Ltd is a private company, limited by shares, registered in England and Wales, registration number 14470063. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, 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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2023
246
1,744
1,990
At 30 November 2024
246
1,744
1,990
At 1 December 2023
42
436
478
Charge for the year
51
327
378
At 30 November 2024
93
763
856
At 30 November 2024
153
981
1,134
At 30 November 2023
204
1,308
1,512
Amounts falling due within one year
Accrued income and prepayments
2,500
-
McCann Photo Ltd
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,138
4,030
Loans from directors
565
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan Account
-
(27,280)
(26,715)
(565)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).