Howard Shooter Photography Limited - Period Ending 2019-12-31

Howard Shooter Photography Limited

Contents

Company Information	1
Balance Sheet	2 to 4
Notes to the Unaudited Financial Statements	2

Howard Shooter Photography Limited

Company Information

Director

Mr Howard Shooter

Company secretary

Mrs Karen Shooter

Registered office

Lawford House Albert Place London N3 1QA

Accountants

Sterlings Ltd Chartered Accountants Lawford House Albert Place London N3 1QA

Howard Shooter Photography Limited

(Registration number: 04543014)
Balance Sheet as at 31 December 2019

	2019 £	2018 £
Fixed assets	104,562	118,344
Current assets	250,942	224,822
Prepayments and accrued income	10,658	10,000
Creditors: Amounts falling due within one year	(80,517)	(97,817)
Net current assets	181,083	137,005
Total assets less current liabilities	285,645	255,349
Accruals and deferred income	(3,150)	(3,150)
	282,495	252,199
Capital and reserves	282,495	252,199

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Lawford House
Albert Place
London
N3 1QA
England

These financial statements were authorised for issue by the director on 25 September 2020.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2018 - 3).

Howard Shooter Photography Limited

(Registration number: 04543014)
Balance Sheet as at 31 December 2019

3	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £Nil (2018 - £Nil).

The total amount of guarantees not included in the balance sheet is £Nil (2018 - £Nil).

The total amount of contingencies not included in the balance sheet is £Nil (2018 - £Nil).

4	Related party transactions

Transactions with directors

2019	At 1 January 2019 £	Advances to directors £	Repayments by director £	At 31 December 2019 £
Mr Howard Shooter
	(1,392)	99,369	(48,000)	49,977

During the year the Company paid rent of £105,254 (previous year £105,000) to a property jointly owned in equal share by the director and his spouse.

Beneficial loan interest at 2.5% has been charged on the average balance of the overdrawn director's loan account.

Overdrawn loan account balance as at 31 December 2019 was repaid in September 2020.

2018	At 1 January 2018 £	Advances to directors £	Repayments by director £	At 31 December 2018 £
Mr Howard Shooter
	(304)	48,439	(49,526)	(1,392)

Howard Shooter Photography Limited

(Registration number: 04543014)
Balance Sheet as at 31 December 2019

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 25 September 2020
 

.........................................

Mr Howard Shooter
Director