Sarah Hogan Photography Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07675096 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2019

for

Sarah Hogan Photography Limited

Page

Company information

1

Statement of financial position

2

Notes to the financial statements

4

Director:

Mrs S M Hogan Moody

Registered office:

High Trees

Broom Way

Weybridge

KT13 9TQ

Registered number:

07675096 (England and Wales)

Accountants:

JOHN ALEXANDER LIMITED

Unit 2

32-34 Station Close

Potters Bar

Hertfordshire

EN6 1TL

Bankers:

Barclays Bank PLC

Hammersmith Branch

Hammersmith

Leicestershire

LE87 2BB

FIXED ASSETS

Intangible assets

3

1

1

Tangible assets

4

10,213

13,617

10,214

13,618

CURRENT ASSETS

Debtors

5

-

149

Cash at bank

12,602

6,750

12,602

6,899

CREDITORS

Amounts falling due within one year

6

25,350

25,710

NET CURRENT LIABILITIES

(12,748

)

(18,811

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,534

)

(5,193

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(2,634

)

(5,293

)

SHAREHOLDERS' FUNDS

(2,534

)

(5,193

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director on 29 September 2019 and were signed by:

Mrs S M Hogan Moody - Director

1.	Statutory information

Sarah Hogan Photography 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 2010, is being amortised evenly over its estimated useful life of one 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

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position 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 year 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.

3.	Intangible fixed assets

Goodwill

£

Cost

At 1 July 2018

and 30 June 2019

1

Net book value

At 30 June 2019

1

At 30 June 2018

1

4.	Tangible fixed assets

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 July 2018

and 30 June 2019

54,571

3,000

57,571

Depreciation

At 1 July 2018

41,354

2,600

43,954

Charge for year

3,304

100

3,404

At 30 June 2019

44,658

2,700

47,358

Net book value

At 30 June 2019

9,913

300

10,213

At 30 June 2018

13,217

400

13,617

5.

Debtors: amounts falling due within one year

2019

2018

£

£

VAT

-

149

6.

Creditors: amounts falling due within one year

2019

2018

£

£

Trade creditors

793

405

Taxation and social security

4,001

4,749

Other creditors

20,556

20,556

25,350

25,710