CLIVE NICHOLS PHOTOGRAPHY LIMITED

Registered Number
07948311
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2025

Company Information
for the year from 1 March 2024 to 28 February 2025


Director	NICHOLS, Peter Clive


Registered Address	The Conifers Thorpe Road
	Upper Wardington
	Banbury
	OX17 1SP


Registered Number	07948311 (England and Wales)

CLIVE NICHOLS PHOTOGRAPHY LIMITED

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors	3	17,646		12,693
Cash at bank and on hand		32,865		32,016
		50,511		44,709
Creditors amounts falling due within one year	4	(27,109)		(27,000)
Net current assets (liabilities)			23,402		17,709
Total assets less current liabilities			23,402		17,709
Creditors amounts falling due after one year	5		(6,250)		(11,250)
Net assets			17,152		6,459
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			16,152		5,459
Shareholders' funds			17,152		6,459

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 18 September 2025, and are signed on its behalf by:

NICHOLS, Peter Clive
Director
Registered Company No. 07948311

CLIVE NICHOLS PHOTOGRAPHY LIMITED

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	9,409	12,693
Other debtors	8,237	-
Total	17,646	12,693


	Trade Debtors

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,828	2,364
Taxation and social security	5,323	6,795
Other creditors	18,958	16,971
Accrued liabilities and deferred income	-	870
Total	27,109	27,000

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	6,250	11,250
Total	6,250	11,250