REGISTERED NUMBER: 03663111 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

IN-PRESS PHOTOGRAPHY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Poultney

A S Charlton

REGISTERED OFFICE:

67 Newland Street

Witham

Essex

CM8 1AA

REGISTERED NUMBER:

03663111 (England and Wales)

ACCOUNTANTS:

Wilson Devenish

67 Newland Street

Witham

Essex

CM8 1AA

FIXED ASSETS

Tangible assets

4

7,394

1,281

CURRENT ASSETS

Debtors

5

121,472

116,816

Cash at bank

4,468

48

125,940

116,864

CREDITORS

Amounts falling due within one year

6

108,073

94,393

NET CURRENT ASSETS

17,867

22,471

TOTAL ASSETS LESS CURRENT LIABILITIES

25,261

23,752

CREDITORS

Amounts falling due after more than one year

7

16,104

20,904

NET ASSETS

9,157

2,848

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

8,157

1,848

SHAREHOLDERS' FUNDS

9,157

2,848

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

D J Poultney - Director

A S Charlton - Director

1.	STATUTORY INFORMATION

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

Tangible fixed assets

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

Photographic equipments

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Photographic

equipments

£

COST

At 1 April 2024

8,981

Additions

8,312

At 31 March 2025

17,293

DEPRECIATION

At 1 April 2024

7,700

Charge for year

2,199

At 31 March 2025

9,899

NET BOOK VALUE

At 31 March 2025

7,394

At 31 March 2024

1,281

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

80,718

62,027

Other debtors

24,596

38,631

105,314

100,658

2025

2024

£

£

Amounts falling due after more than one year:

Other debtors

16,158

16,158

Aggregate amounts

121,472

116,816

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,800

18,115

Taxation and social security

75,113

67,282

Other creditors

28,160

8,996

108,073

94,393

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

16,104

20,904

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

A S Charlton

Balance outstanding at start of year

19,316

23,938

Amounts repaid

(7,018

)

(4,622

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,298

19,316

D J Poultney

Balance outstanding at start of year

19,316

23,938

Amounts repaid

(7,018

)

(4,622

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,298

19,316

Interest was charged at a market rate, in respect to this loan. This loan was under no formal terms.