REGISTERED NUMBER: 08314159 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Davis Photographic Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M J Davis

SECRETARY:

REGISTERED OFFICE:

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

REGISTERED NUMBER:

08314159 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Tangible assets

4

15,429

13,937

CURRENT ASSETS

Debtors

5

20,610

1,380

Cash at bank

30,971

39,637

51,581

41,017

CREDITORS

Amounts falling due within one year

6

28,292

22,218

NET CURRENT ASSETS

23,289

18,799

TOTAL ASSETS LESS CURRENT LIABILITIES

38,718

32,736

PROVISIONS FOR LIABILITIES

7

2,775

2,648

NET ASSETS

35,943

30,088

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

35,942

30,087

SHAREHOLDERS' FUNDS

35,943

30,088

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 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.

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 director and authorised for issue on 15 September 2025 and were signed by:

M J Davis - Director

1.	STATUTORY INFORMATION

Davis Photographic 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.

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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Equipment

-

15% on reducing balance

Computer Equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

Equipment

Equipment

Totals

£

£

£

COST

At 1 January 2024

29,211

4,529

33,740

Additions

4,297

-

4,297

At 31 December 2024

33,508

4,529

38,037

DEPRECIATION

At 1 January 2024

16,643

3,160

19,803

Charge for year

2,530

275

2,805

At 31 December 2024

19,173

3,435

22,608

NET BOOK VALUE

At 31 December 2024

14,335

1,094

15,429

At 31 December 2023

12,568

1,369

13,937

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

20,610

1,380

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

17

17

Tax

11,878

9,181

VAT

3,212

1,642

Directors' loan accounts

1,944

778

Accrued expenses

11,241

10,600

28,292

22,218

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

2,775

2,648

Deferred

tax

£

Balance at 1 January 2024

2,648

Deferred Tax

127

Balance at 31 December 2024

2,775

8.	RELATED PARTY DISCLOSURES

The company is controlled by the company director.