REGISTERED NUMBER: 09009009 (England and Wales)

STABLES PHOTOGRAPHY STUDIOS LIMITED

CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD

1ST MAY 2025 TO 31ST AUGUST 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Andersson

G H Poulton

REGISTERED OFFICE:

Studio E, Treowen House

Llanover Business Centre

Llanover

Abergavenny

Monmouthshire

NP7 9HA

REGISTERED NUMBER:

09009009 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

517

-

517

CURRENT ASSETS

Stocks

-

250

Debtors

6

17,854

52,296

Cash at bank

2

4

17,856

52,550

CREDITORS

Amounts falling due within one year

7

49,174

27,515

NET CURRENT (LIABILITIES)/ASSETS

(31,318

)

25,035

TOTAL ASSETS LESS CURRENT LIABILITIES

(31,318

)

25,552

CREDITORS

Amounts falling due after more than one year

8

-

(23,898

)

PROVISIONS FOR LIABILITIES

-

(98

)

NET (LIABILITIES)/ASSETS

(31,318

)

1,556

CAPITAL AND RESERVES

Called up share capital

9

66

66

Capital redemption reserve

33

33

Retained earnings

(31,417

)

1,457

SHAREHOLDERS' FUNDS

(31,318

)

1,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st August 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st August 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th October 2026 and were signed on its behalf by:

P Andersson - Director

1.	STATUTORY INFORMATION

Stables Photography Studios 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Going concern

The directors have concluded that the company has no realistic prospect of continuing in operation existence due to the cessation of the company's trade as of 31st August 2026. The directors have therefore prepared the financial statements on a basis other than going concern

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st May 2025

and 31st August 2026

33,000

AMORTISATION

At 1st May 2025

and 31st August 2026

33,000

NET BOOK VALUE

At 31st August 2026

-

At 30th April 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st May 2025

22,919

4,082

8,876

35,877

Disposals

(22,919

)

(4,082

)

(8,876

)

(35,877

)

At 31st August 2026

-

-

-

-

DEPRECIATION

At 1st May 2025

22,685

4,052

8,623

35,360

Charge for period

69

30

134

233

Eliminated on disposal

(22,754

)

(4,082

)

(8,757

)

(35,593

)

At 31st August 2026

-

-

-

-

NET BOOK VALUE

At 31st August 2026

-

-

-

-

At 30th April 2025

234

30

253

517

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

437

5,089

Directors' current accounts

-

34,467

Other debtors

17,417

12,740

17,854

52,296

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

26,063

11,558

Corporation Tax

-

1,400

Social security and other taxes

5,828

117

Other creditors

13,416

10,139

Directors' current accounts

297

-

Accruals and deferred income

3,570

4,301

49,174

27,515

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

-

23,898

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

33

Ordinary A

£1

33

33

33

Ordinary B

£1

33

33

66

66