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Registered number: 06258652
The Photo ID Card People Limited
Financial Statements
For The Year Ended 30 April 2025
TandIM Ltd
46 Barkston House
Croydon Street
Leeds
West Yorkshire
LS11 9RT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06258652
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 18,900 24,750
Tangible Assets 5 7,144 4,276
26,044 29,026
CURRENT ASSETS
Stocks 6 6,830 2,500
Debtors 7 20,779 32,887
Cash at bank and in hand 48,921 37,066
76,530 72,453
Creditors: Amounts Falling Due Within One Year 8 (56,848 ) (55,689 )
NET CURRENT ASSETS (LIABILITIES) 19,682 16,764
TOTAL ASSETS LESS CURRENT LIABILITIES 45,726 45,790
NET ASSETS 45,726 45,790
CAPITAL AND RESERVES
Called up share capital 9 3 3
Profit and Loss Account 45,723 45,787
SHAREHOLDERS' FUNDS 45,726 45,790
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For the year ending 30 April 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.
On behalf of the board
Mrs Tracy Gould
Director
10 October 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
The Photo ID Card People Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06258652 . The registered office is 46 Barkston House, Croydon Street, Leeds, West Yorkshire, LS11 9RT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Leasehold 25% Reducing Balance
Plant & Machinery 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 6 6
6 6
4. Intangible Assets
Development Costs
£
Cost
As at 1 May 2024 67,500
Additions 450
As at 30 April 2025 67,950
Amortisation
As at 1 May 2024 42,750
Impairment losses 6,300
As at 30 April 2025 49,050
Net Book Value
As at 30 April 2025 18,900
As at 1 May 2024 24,750
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5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2024 24,028 302 24,330
Additions 5,007 242 5,249
As at 30 April 2025 29,035 544 29,579
Depreciation
As at 1 May 2024 19,752 302 20,054
Provided during the period 2,321 60 2,381
As at 30 April 2025 22,073 362 22,435
Net Book Value
As at 30 April 2025 6,962 182 7,144
As at 1 May 2024 4,276 - 4,276
6. Stocks
2025 2024
£ £
Stock 6,830 2,500
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 18,444 15,266
Prepayments and accrued income 1,800 -
Other debtors - 14,198
Directors' loan accounts 535 3,423
20,779 32,887
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 17,853 23,210
Corporation tax 7,102 13,783
Other taxes and social security 2,374 1,477
VAT 13,024 11,721
Other creditors 6,570 3,498
Accruals and deferred income 9,925 2,000
56,848 55,689
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
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