FIRST LIGHT PHOTOGRAPHIC LIMITED


Director	BRANIGAN, Dawn Lorraine


Registered Address	25 Stafford Close
	Daventry
	NN11 0GN


Registered Number	04489594 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,228		4,456
Investment property	4		270,000		270,000
			272,228		274,456
Current assets
Debtors		6,100		-
Cash at bank and on hand		-		84
		6,100		84
Creditors amounts falling due within one year	5	(213,754)		(213,019)
Net current assets (liabilities)			(207,654)		(212,935)
Total assets less current liabilities			64,574		61,521
Net assets			64,574		61,521
Capital and reserves
Called up share capital			1		1
Revaluation reserve			150,000		150,000
Profit and loss account			(85,427)		(88,480)
Shareholders' funds			64,574		61,521

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 21 April 2026, and are signed on its behalf by:

BRANIGAN, Dawn Lorraine
Director
Registered Company No. 04489594

FIRST LIGHT PHOTOGRAPHIC LIMITED

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 August 24	15,596	15,596
At 31 July 25	15,596	15,596
Depreciation and impairment
At 01 August 24	11,140	11,140
Charge for year	2,228	2,228
At 31 July 25	13,368	13,368
Net book value
At 31 July 25	2,228	2,228
At 31 July 24	4,456	4,456

4.	Investment property


		£
	Fair value at 01 August 24	270,000
	At 31 July 25	270,000

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	39	-
Other creditors	213,055	212,395
Accrued liabilities and deferred income	660	624
Total	213,754	213,019

6.	Creditors: amounts due after one year