Company No: 13356477 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	K Ryle
	R Ryle

REGISTERED OFFICE	Bridge House Old Grantham Road
	Whatton
	Nottingham
	NG13 9FG
	United Kingdom

COMPANY NUMBER

13356477 (England and Wales)

CHARTERED ACCOUNTANTS	Tuerner & Co Limited
	Bridge House
	Old Grantham Road
	Whatton
	Nottingham
	NG13 9FG

	Note	2025		2024
		£		£
Current assets
Debtors	3	138,102		174,653
Cash at bank and in hand		257,675		262,066
		395,777		436,719
Creditors: amounts falling due within one year	4	( 149,496)		( 82,812)
Net current assets		246,281		353,907
Total assets less current liabilities		246,281		353,907
Net assets		246,281		353,907
Capital and reserves
Called-up share capital	5	1,000		1,000
Profit and loss account		245,281		352,907
Total shareholders' funds		246,281		353,907

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Photovalue UK Ltd (registered number: 13356477) were approved and authorised for issue by the Board of Directors on 15 July 2026. They were signed on its behalf by:

R Ryle Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Photovalue UK Ltd (the company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Bridge House Old Grantham Road, Whatton, Nottingham, NG13 9FG, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding rebates, value added tax and other sales taxes for the sale of goods.
Revenue is recognised when the goods are despatched.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK' not to disclose related party transactions with wholly owned subsidiaries within the group.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	2		2

3. Debtors

	2025		2024
	£		£
Trade debtors	136,340		166,887
Other debtors	1,762		7,766
	138,102		174,653

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	472		274
Amounts owed to group undertakings	76,096		6,652
Taxation and social security	67,474		71,581
Other creditors	5,454		4,305
	149,496		82,812

5. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and not yet paid
1,000 Ordinary shares of £ 1.00 each	1,000		1,000

6. Parent Company

The ultimate parent company is Photovalue Holdings Ltd, a company incorporated in Ireland