Photomec (Holdings) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 4133575

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		104,114		104,151

			104,114		104,151
CURRENT ASSETS
Debtors	5	159,989		55,930
Investments	6	2,700,330		2,564,228
Cash at bank and in hand		92,412		109,575

		2,952,731		2,729,733
Creditors: Amounts Falling Due Within One Year	7	(53,185 )		(2,093 )

NET CURRENT ASSETS (LIABILITIES)			2,899,546		2,727,640

TOTAL ASSETS LESS CURRENT LIABILITIES			3,003,660		2,831,791

Creditors: Amounts Falling Due After More Than One Year	8		(153,049 )		(113,593 )

NET ASSETS			2,850,611		2,718,198

CAPITAL AND RESERVES
Called up share capital	9		96,600		96,600
Revaluation reserve	11		432,626		277,977
Profit and Loss Account			2,321,385		2,343,621

SHAREHOLDERS' FUNDS			2,850,611		2,718,198

Page 1

Page 2

Photomec (Holdings) Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Joan Wright Director	Mr David Wright Director	Mr David Wright Director
Mr Andrew Wright Director
18th September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Photomec (Holdings) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 4133575 . The registered office is 12 Station New Road, Brundall, Norfolk, NR13 5PQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	NIL
Computer Equipment	25% Reducing Balance

2.3. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	4	4

	4	4

4. Tangible Assets

	Land & Property
	Freehold	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	104,000	809	104,809

As at 31 December 2024	104,000	809	104,809

...CONTINUED

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Photomec (Holdings) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	-	658	658
Provided during the period	-	37	37

As at 31 December 2024	-	695	695

Net Book Value
As at 31 December 2024	104,000	114	104,114

As at 1 January 2024	104,000	151	104,151

5. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	951	841
Other debtors	1,786	1,463

	2,737	2,304
Due after more than one year
Directors loan account	157,252	53,626

	159,989	55,930

6. Current Asset Investments

	2024	2023
	£	£
Listed investments	2,603,730	2,467,628
Unlisted investments	96,600	96,600

	2,700,330	2,564,228

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	1,319	1,258
Corporation tax	50,921	-
Credit Card	945	835

	53,185	2,093

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Photomec (Holdings) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	133,948	93,948
Directors loan account	19,101	19,645

	153,049	113,593

9. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
96,600 Ordinary Shares of £ 1.000 each	96,600	96,600

10. Dividends

11. Reserves

	Revaluation Reserve
	£
As at 1 January 2024	277,977
Transfer to profit and loss	154,649

As at 31 December 2024	432,626

12. Ultimate Controlling Party

The company's ultimate controlling party is Mr David Wright by virtue of his ownership of 100% of the issued share capital in the company.