REGISTERED NUMBER: 02593019 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Snaps Photo Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Roberts

J C Roberts

SECRETARY:

J C Roberts

REGISTERED OFFICE:

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

REGISTERED NUMBER:

02593019 (England and Wales)

ACCOUNTANT:

Richard Allen & Associates

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

FIXED ASSETS

Tangible assets

4

182,473

185,736

CURRENT ASSETS

Stocks

8,000

8,000

Debtors

5

2,898

2,048

Cash at bank and in hand

515

728

11,413

10,776

CREDITORS

Amounts falling due within one year

6

109,227

105,212

NET CURRENT LIABILITIES

(97,814

)

(94,436

)

TOTAL ASSETS LESS CURRENT LIABILITIES

84,659

91,300

CREDITORS

Amounts falling due after more than one year

7

-

(5,846

)

PROVISIONS FOR LIABILITIES

(26,508

)

(27,128

)

NET ASSETS

58,151

58,326

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

128,842

128,842

Retained earnings

(70,791

)

(70,616

)

SHAREHOLDERS' FUNDS

58,151

58,326

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 24 December 2025 and were signed on its behalf by:

J C Roberts - Director

1.	STATUTORY INFORMATION

Snaps Photo Services 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 as modified by the revaluation of certain assets.

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.

Land and buildings

-

Not provided

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 20% on cost, 15% on reducing balance and Not provided

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

157,500

75,061

232,561

Additions

-

1,316

1,316

Disposals

-

(3,570

)

(3,570

)

At 31 March 2025

157,500

72,807

230,307

DEPRECIATION

At 1 April 2024

-

46,825

46,825

Charge for year

-

4,222

4,222

Eliminated on disposal

-

(3,213

)

(3,213

)

At 31 March 2025

-

47,834

47,834

NET BOOK VALUE

At 31 March 2025

157,500

24,973

182,473

At 31 March 2024

157,500

28,236

185,736

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2005

36,342

-

36,342

Valuation in 2007

10,000

-

10,000

Valuation in 2009

25,000

-

25,000

Valuation in 2013

10,000

-

10,000

Valuation in 2014

30,000

-

30,000

Cost

28,658

72,807

101,465

140,000

72,807

212,807

If Freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

28,658

28,658

Freehold property was valued on an open market basis on 31 March 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,462

2,029

Other debtors

436

19

2,898

2,048

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,767

5,227

Trade creditors

7,967

7,299

Taxation and social security

4,230

2,472

Other creditors

89,263

90,214

109,227

105,212

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

5,846

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

128,842