REGISTERED NUMBER: 07216206 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

JONATHAN GREGSON PHOTOGRAPHY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J W Gregson

REGISTERED OFFICE:

1b Montford Place

London

SE11 5DE

REGISTERED NUMBER:

07216206 (England and Wales)

ACCOUNTANTS:

React Business Services

Southbridge House

Southbridge Place

Croydon

CR0 4HA

FIXED ASSETS

Tangible assets

4

33,254

28,028

CURRENT ASSETS

Debtors

5

77,698

70,706

Cash at bank

233,074

88,242

310,772

158,948

CREDITORS

Amounts falling due within one year

6

136,895

63,576

NET CURRENT ASSETS

173,877

95,372

TOTAL ASSETS LESS CURRENT LIABILITIES

207,131

123,400

PROVISIONS FOR LIABILITIES

1,970

-

NET ASSETS

205,161

123,400

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

205,151

123,390

205,161

123,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 13 January 2026 and were signed by:

J W Gregson - Director

1.	STATUTORY INFORMATION

Jonathan Gregson 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.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2024

6,790

37,536

25,155

69,481

Additions

8,849

1,978

6,890

17,717

At 30 April 2025

15,639

39,514

32,045

87,198

DEPRECIATION

At 1 May 2024

500

20,515

20,438

41,453

Charge for year

7,097

4,172

1,222

12,491

At 30 April 2025

7,597

24,687

21,660

53,944

NET BOOK VALUE

At 30 April 2025

8,042

14,827

10,385

33,254

At 30 April 2024

6,290

17,021

4,717

28,028

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

77,698

70,706

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Taxation and social security

114,860

39,351

Other creditors

22,035

24,225

136,895

63,576

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividends totalling £90,000 (2024: £51,000) were paid in the year in respect of shares held by the company's directors.

A dividend of £60,000 (2024: £33,000) was paid to the spouse of the director of the company.

Within the other creditors, there is an amount due of £7,508 (2024: £9,698) due to the director.