Jay Cowie Photography Limited

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

Registered number: 08242005

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	3		9,990		-
Tangible Assets	4		5,802		6,903

			15,792		6,903
CURRENT ASSETS
Stocks	5	6,300		5,350
Debtors	6	1,570		1,361
Cash at bank and in hand		22,739		22,316

		30,609		29,027
Creditors: Amounts Falling Due Within One Year	7	(58,998 )		(58,355 )

NET CURRENT ASSETS (LIABILITIES)			(28,389 )		(29,328 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(12,597 )		(22,425 )

NET LIABILITIES			(12,597 )		(22,425 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(12,697 )		(22,525 )

SHAREHOLDERS' FUNDS			(12,597)		(22,425)

Page 1

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Jay Cowie Photography Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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

Mr John H Cowie

Director

23rd December 2025

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

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets includes cost to build the company website. It is amortised to the profit and loss account at 10% reducing balance method.

1.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Plant & Machinery	20% reducing balance
Fixtures & Fittings	20% reducing balance

1.5. 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.

2. Average Number of Employees

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

3. Intangible Assets

	Other
	£
Cost
As at 1 November 2024	-
Additions	11,100

As at 31 October 2025	11,100

Amortisation
As at 1 November 2024	-
Provided during the period	1,110

As at 31 October 2025	1,110

Net Book Value
As at 31 October 2025	9,990

As at 1 November 2024	-

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Jay Cowie Photography Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 November 2024	7,507	14,533	22,040
Additions	-	349	349

As at 31 October 2025	7,507	14,882	22,389

Depreciation
As at 1 November 2024	3,399	11,738	15,137
Provided during the period	822	628	1,450

As at 31 October 2025	4,221	12,366	16,587

Net Book Value
As at 31 October 2025	3,286	2,516	5,802

As at 1 November 2024	4,108	2,795	6,903

5. Stocks

	2025	2024
	£	£
Materials	6,300	5,350

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,570	1,361

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	1,250	1,195
Directors' loan accounts	57,748	57,160

	58,998	58,355

8. Share Capital

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

9. Ultimate Controlling Party

The company's ultimate controlling party are Mrs Jane Cowie (50%) and Mr John N H Cowie (50%) by virtue of their ownership of 100% of the issued share capital in the company.