Company Registration No. 14828876 (England and Wales)
Picture Maison Limited
Unaudited accounts
for the year ended 31 December 2025
Picture Maison Limited
Company Information
for the year ended 31 December 2025
Director
Christos DIMITRIADIS
Company Number
14828876 (England and Wales)
Picture Maison Limited
Statement of financial position
as at 31 December 2025
Investment property
15,975,000
15,625,000
Cash at bank and in hand
644,734
988,992
Creditors: amounts falling due within one year
(369,057)
(363,278)
Net current assets
404,004
724,085
Total assets less current liabilities
16,379,004
16,413,765
Creditors: amounts falling due after more than one year
(12,158,271)
(12,903,304)
Provisions for liabilities
Deferred tax
(261,225)
(205,633)
Net assets
3,959,508
3,304,828
Called up share capital
3,901,000
3,321,000
Profit and loss account
58,508
(16,172)
Shareholders' funds
3,959,508
3,304,828
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 September 2026 and were signed on its behalf by
Christos DIMITRIADIS
Director
Company Registration No. 14828876
Picture Maison Limited
Notes to the Accounts
for the year ended 31 December 2025
Picture Maison Limited is a private company, limited by shares, registered in England and Wales, registration number 14828876.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
4
Tangible fixed assets
Total
At 31 December 2025
258,720
Charge for the year
64,680
At 31 December 2025
258,720
At 31 December 2024
64,680
5
Average number of employees
During the year the average number of employees was 0 (2024: 0).