ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 31 August 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 08161608

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 AUGUST 2025

	FRESH PHOTO HOUSE LIMITED


FRESH PHOTO HOUSE LIMITED

COMPANY INFORMATION

Directors	M F R Pattison
	R Stevens


Registered number	08161608


Registered office	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


FRESH PHOTO HOUSE LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


FRESH PHOTO HOUSE LIMITED REGISTERED NUMBER:08161608

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£

Fixed assets
Intangible fixed assets			14,280		16,660
Tangible fixed assets			4,717		6,290
			18,997		22,950
Current assets
Debtors: amounts falling due within one year	6	108,956		86,483
Cash at bank and in hand		88,464		43,910
		197,420		130,393
Creditors: amounts falling due within one year	7	(178,431)		(125,607)
Net current assets			18,989		4,786
Total assets less current liabilities			37,986		27,736
Creditors: amounts falling due after more than one year	8		-		(9,497)

Net assets			37,986		18,239

Capital and reserves
Called up share capital	200	200
Profit and loss account	37,786	18,039
	37,986	18,239

Page 1


FRESH PHOTO HOUSE LIMITED REGISTERED NUMBER:08161608

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 AUGUST 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

M F R Pattison

Director

Date: 19 May 2026

The notes on pages 3 to 7 form part of these financial statements.

Page 2


FRESH PHOTO HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

Fresh Photo House 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 3


FRESH PHOTO HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery

25%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4


FRESH PHOTO HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Employees

The average monthly number of employees, including directors, during the year was 9 (2024 - 10).

4.	Intangible assets

		Development expenditure
		£
	Cost
	At 1 September 2024	23,800
	At 31 August 2025	23,800
	Amortisation
	At 1 September 2024	7,140
	Charge for the year	2,380
	At 31 August 2025	9,520
	Net book value
	At 31 August 2025	14,280
	At 31 August 2024	16,660

Page 5


FRESH PHOTO HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

5.	Tangible fixed assets

		Plant and machinery
		£
	Cost or valuation
	At 1 September 2024	17,025
	At 31 August 2025	17,025
	Depreciation
	At 1 September 2024	10,735
	Charge for the year	1,573
	At 31 August 2025	12,308
	Net book value
	At 31 August 2025	4,717
	At 31 August 2024	6,290

Debtors

					2025	2024
					£	£


Trade debtors	107,879	86,383
Other debtors	-	100
Prepayments and accrued income	1,077	-
	108,956	86,483

Page 6


FRESH PHOTO HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	8,798	11,115
Trade creditors	16,266	29,856
Corporation tax	41,045	17,250
Other taxation and social security	56,980	55,224
Other creditors	711	7,903
Accruals and deferred income	54,631	4,259
	178,431	125,607

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	-	9,497
	-	9,497

Not later than 1 year	9,891	5,571
Later than 1 year and not later than 5 years	3,603	3,714
	13,494	9,285

10.	Related party transactions
	At the reporting date the company owed £nil (2024: £3,623 to the director). The balance can be found within creditors due within one year and no interest was charged.

Page 7