SHERWOODS (PHOTOGRAPHIC) LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 00666856

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		237		271

			237		271
CURRENT ASSETS
Stocks	5	9,016		8,057
Cash at bank and in hand		17,200		26,271

		26,216		34,328
Creditors: Amounts Falling Due Within One Year	6	(12,401 )		(19,788 )

NET CURRENT ASSETS (LIABILITIES)			13,815		14,540

TOTAL ASSETS LESS CURRENT LIABILITIES			14,052		14,811

NET ASSETS			14,052		14,811

CAPITAL AND RESERVES
Called up share capital	7		1,000		1,000
Profit and Loss Account			13,052		13,811

SHAREHOLDERS' FUNDS			14,052		14,811

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SHERWOODS (PHOTOGRAPHIC) LIMITED

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Matthew Frost

Director

14/10/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

SHERWOODS (PHOTOGRAPHIC) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 00666856 . The registered office is Unit 7 Little Alne, Wootton Wawen, Henley in Arden, Warwickshire, B95 6HW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 2)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 February 2025	23,474

As at 31 January 2026	23,474

Depreciation
As at 1 February 2025	23,203
Provided during the period	34

As at 31 January 2026	23,237

...CONTINUED

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SHERWOODS (PHOTOGRAPHIC) LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Net Book Value
As at 31 January 2026	237

As at 1 February 2025	271

5. Stocks

	2026	2025
	£	£
Stock	-	8,057
Finished goods	9,016	-

	9,016	8,057

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	12,401	15,794
Other creditors	-	3,432
Taxation and social security	-	562

	12,401	19,788

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,000	1,000

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