Company No: 10497236 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	30.07.2025		30.07.2024
		£		£
Fixed assets
Tangible assets	3	25,025		31,549
		25,025		31,549
Current assets
Debtors	4	73,443		94,325
Cash at bank and in hand		16,203		1,322
		89,646		95,647
Creditors: amounts falling due within one year	5	( 113,606)		( 111,150)
Net current liabilities		(23,960)		(15,503)
Total assets less current liabilities		1,065		16,046
Creditors: amounts falling due after more than one year	6	( 16,417)		( 15,705)
Net (liabilities)/assets		( 15,352)		341
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		( 15,452 )		241
Total shareholder's (deficit)/funds		( 15,352)		341

For the financial year ending 30 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 All Photography Limited (registered number: 10497236) were approved and authorised for issue by the Director on 04 September 2026. They were signed on its behalf by:

Mr A Lynk 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 period, unless otherwise stated.

General information and basis of accounting

All Photography Limited (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 Flat3, 1 Gosport Street, Gosport Street, Lymington, SO41 9BG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, 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 £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

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

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Vehicles	20 % reducing balance
Office equipment	33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

2. Employees

	Year ended 30.07.2025		Period from 01.08.2023 to 30.07.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£
Cost
At 31 July 2024	39,454		21,990		10,766		72,210
At 30 July 2025	39,454		21,990		10,766		72,210
Accumulated depreciation
At 31 July 2024	25,381		6,157		9,123		40,661
Charge for the financial year	2,815		3,167		542		6,524
At 30 July 2025	28,196		9,324		9,665		47,185
Net book value
At 30 July 2025	11,258		12,666		1,101		25,025
At 30 July 2024	14,073		15,833		1,643		31,549

4. Debtors

	30.07.2025		30.07.2024
	£		£
Trade debtors	0		12,150
Other debtors	73,443		82,175
	73,443		94,325

5. Creditors: amounts falling due within one year

	30.07.2025		30.07.2024
	£		£
Bank loans	8,719		9,431
Taxation and social security	101,488		100,054
Other creditors	3,399		1,665
	113,606		111,150

6. Creditors: amounts falling due after more than one year

	30.07.2025		30.07.2024
	£		£
Bank loans	16,417		15,705

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	30.07.2025		30.07.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Related party transactions

Transactions with the entity's director

	30.07.2025		30.07.2024
	£		£
Overdrawn Directors Loan Account	54,911		61,439

Interest has been charged in line with HMRC interest rates