Field Photographic Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 04668697

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,422		15,765

			13,422		15,765
CURRENT ASSETS
Debtors		425		425
Cash at bank and in hand		58,931		43,726

		59,356		44,151
Creditors: Amounts Falling Due Within One Year		(31,377 )		(34,217 )

NET CURRENT ASSETS (LIABILITIES)			27,979		9,934

TOTAL ASSETS LESS CURRENT LIABILITIES			41,401		25,699

NET ASSETS			41,401		25,699

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			41,301		25,599

SHAREHOLDERS' FUNDS			41,401		25,699

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Field Photographic Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Matthew Lowe

Director

23rd July 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Field Photographic Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04668697 . The registered office is 25 Hickleton Close, Ripley, Derbyshire, DE5 3TA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of ten years.

2.4. Tangible Fixed Assets and Depreciation

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

Leasehold	10% on cost
Plant & Machinery	20% on reducing balance

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 3)

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Field Photographic Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	59,553
Additions	1,200

As at 31 March 2025	60,753

Depreciation
As at 1 April 2024	43,788
Provided during the period	3,543

As at 31 March 2025	47,331

Net Book Value
As at 31 March 2025	13,422

As at 1 April 2024	15,765

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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