2022-10-012023-09-302023-09-30false12945543STUDIO NEXT LIMITED2023-10-1147910iso4217:GBPxbrli:pure129455432022-10-01129455432023-09-30129455432022-10-012023-09-30129455432021-10-01129455432022-09-30129455432021-10-012022-09-3012945543bus:SmallEntities2022-10-012023-09-3012945543bus:AuditExempt-NoAccountantsReport2022-10-012023-09-3012945543bus:AbridgedAccounts2022-10-012023-09-3012945543bus:PrivateLimitedCompanyLtd2022-10-012023-09-3012945543core:WithinOneYear2023-09-3012945543core:AfterOneYear2023-09-3012945543core:WithinOneYear2022-09-3012945543core:AfterOneYear2022-09-3012945543core:ShareCapital2023-09-3012945543core:SharePremium2023-09-3012945543core:RevaluationReserve2023-09-3012945543core:OtherReservesSubtotal2023-09-3012945543core:RetainedEarningsAccumulatedLosses2023-09-3012945543core:ShareCapital2022-09-3012945543core:SharePremium2022-09-3012945543core:RevaluationReserve2022-09-3012945543core:OtherReservesSubtotal2022-09-3012945543core:RetainedEarningsAccumulatedLosses2022-09-3012945543core:LandBuildings2023-09-3012945543core:PlantMachinery2023-09-3012945543core:Vehicles2023-09-3012945543core:FurnitureFittings2023-09-3012945543core:OfficeEquipment2023-09-3012945543core:NetGoodwill2023-09-3012945543core:IntangibleAssetsOtherThanGoodwill2023-09-3012945543core:ListedExchangeTraded2023-09-3012945543core:UnlistedNon-exchangeTraded2023-09-3012945543core:LandBuildings2022-09-3012945543core:PlantMachinery2022-09-3012945543core:Vehicles2022-09-3012945543core:FurnitureFittings2022-09-3012945543core:OfficeEquipment2022-09-3012945543core:NetGoodwill2022-09-3012945543core:IntangibleAssetsOtherThanGoodwill2022-09-3012945543core:ListedExchangeTraded2022-09-3012945543core:UnlistedNon-exchangeTraded2022-09-3012945543core:LandBuildings2022-10-012023-09-3012945543core:PlantMachinery2022-10-012023-09-3012945543core:Vehicles2022-10-012023-09-3012945543core:FurnitureFittings2022-10-012023-09-3012945543core:OfficeEquipment2022-10-012023-09-3012945543core:NetGoodwill2022-10-012023-09-3012945543core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3012945543core:ListedExchangeTraded2022-10-012023-09-3012945543core:UnlistedNon-exchangeTraded2022-10-012023-09-3012945543core:MoreThanFiveYears2022-10-012023-09-3012945543core:Non-currentFinancialInstruments2023-09-3012945543core:Non-currentFinancialInstruments2022-09-3012945543dpl:CostSales2022-10-012023-09-3012945543dpl:DistributionCosts2022-10-012023-09-3012945543dpl:AdministrativeExpenses2022-10-012023-09-3012945543core:LandBuildings2022-10-012023-09-3012945543core:PlantMachinery2022-10-012023-09-3012945543core:Vehicles2022-10-012023-09-3012945543core:FurnitureFittings2022-10-012023-09-3012945543core:OfficeEquipment2022-10-012023-09-3012945543core:NetGoodwill2022-10-012023-09-3012945543core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3012945543dpl:GroupUndertakings2022-10-012023-09-3012945543dpl:ParticipatingInterests2022-10-012023-09-3012945543dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3012945543core:ListedExchangeTraded2022-10-012023-09-3012945543dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3012945543core:UnlistedNon-exchangeTraded2022-10-012023-09-3012945543dpl:CostSales2021-10-012022-09-3012945543dpl:DistributionCosts2021-10-012022-09-3012945543dpl:AdministrativeExpenses2021-10-012022-09-3012945543core:LandBuildings2021-10-012022-09-3012945543core:PlantMachinery2021-10-012022-09-3012945543core:Vehicles2021-10-012022-09-3012945543core:FurnitureFittings2021-10-012022-09-3012945543core:OfficeEquipment2021-10-012022-09-3012945543core:NetGoodwill2021-10-012022-09-3012945543core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3012945543dpl:GroupUndertakings2021-10-012022-09-3012945543dpl:ParticipatingInterests2021-10-012022-09-3012945543dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3012945543core:ListedExchangeTraded2021-10-012022-09-3012945543dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3012945543core:UnlistedNon-exchangeTraded2021-10-012022-09-3012945543core:NetGoodwill2023-09-3012945543core:IntangibleAssetsOtherThanGoodwill2023-09-3012945543core:LandBuildings2023-09-3012945543core:PlantMachinery2023-09-3012945543core:Vehicles2023-09-3012945543core:FurnitureFittings2023-09-3012945543core:OfficeEquipment2023-09-3012945543core:AfterOneYear2023-09-3012945543core:WithinOneYear2023-09-3012945543core:ListedExchangeTraded2023-09-3012945543core:UnlistedNon-exchangeTraded2023-09-3012945543core:ShareCapital2023-09-3012945543core:SharePremium2023-09-3012945543core:RevaluationReserve2023-09-3012945543core:OtherReservesSubtotal2023-09-3012945543core:RetainedEarningsAccumulatedLosses2023-09-3012945543core:NetGoodwill2022-09-3012945543core:IntangibleAssetsOtherThanGoodwill2022-09-3012945543core:LandBuildings2022-09-3012945543core:PlantMachinery2022-09-3012945543core:Vehicles2022-09-3012945543core:FurnitureFittings2022-09-3012945543core:OfficeEquipment2022-09-3012945543core:AfterOneYear2022-09-3012945543core:WithinOneYear2022-09-3012945543core:ListedExchangeTraded2022-09-3012945543core:UnlistedNon-exchangeTraded2022-09-3012945543core:ShareCapital2022-09-3012945543core:SharePremium2022-09-3012945543core:RevaluationReserve2022-09-3012945543core:OtherReservesSubtotal2022-09-3012945543core:RetainedEarningsAccumulatedLosses2022-09-3012945543core:NetGoodwill2021-10-0112945543core:IntangibleAssetsOtherThanGoodwill2021-10-0112945543core:LandBuildings2021-10-0112945543core:PlantMachinery2021-10-0112945543core:Vehicles2021-10-0112945543core:FurnitureFittings2021-10-0112945543core:OfficeEquipment2021-10-0112945543core:AfterOneYear2021-10-0112945543core:WithinOneYear2021-10-0112945543core:ListedExchangeTraded2021-10-0112945543core:UnlistedNon-exchangeTraded2021-10-0112945543core:ShareCapital2021-10-0112945543core:SharePremium2021-10-0112945543core:RevaluationReserve2021-10-0112945543core:OtherReservesSubtotal2021-10-0112945543core:RetainedEarningsAccumulatedLosses2021-10-0112945543core:AfterOneYear2022-10-012023-09-3012945543core:WithinOneYear2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:CostValuation2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3012945543core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3012945543core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3012945543core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3012945543core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3012945543core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3012945543core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3012945543core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3012945543core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3012945543core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3012945543core:Non-currentFinancialInstrumentscore:CostValuation2022-09-3012945543core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-09-3012945543core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-09-3012945543core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-09-3012945543core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-09-3012945543core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-09-3012945543core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-09-3012945543core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-09-3012945543core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-09-3012945543bus:Director12022-10-012023-09-30

STUDIO NEXT LIMITED

Registered Number
12945543
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

STUDIO NEXT LIMITED
Company Information
for the year from 1 October 2022 to 30 September 2023

Director

NESVAT, Mert

Registered Address

85 Great Portland Street
First Floor
London
W1W 7LT

Registered Number

12945543 (England and Wales)
STUDIO NEXT LIMITED
Balance Sheet as at
30 September 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets53,569394
3,569394
Current assets
Cash at bank and on hand58,13852,425
58,13852,425
Creditors amounts falling due within one year6(28,222)(45,207)
Net current assets (liabilities)29,9167,218
Total assets less current liabilities33,4857,612
Net assets33,4857,612
Capital and reserves
Called up share capital11
Other reserves500500
Profit and loss account32,9847,111
Shareholders' funds33,4857,612
The financial statements were approved and authorised for issue by the Director on 11 October 2023, and are signed on its behalf by:
NESVAT, Mert
Director
Registered Company No. 12945543
STUDIO NEXT LIMITED
Notes to the Financial Statements
for the year ended 30 September 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Office Equipment4
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
4.Employee information

20232022
Average number of employees during the year11
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 October 22663
Additions4,247
At 30 September 234,910
Depreciation and impairment
At 01 October 22269
Charge for year1,072
At 30 September 231,342
Net book value
At 30 September 233,569
At 30 September 22394
6.Creditors within one year

2023

2022

££
Trade creditors / trade payables-44
Taxation and social security20,95011,499
Other creditors7,27233,664
Total28,22245,207
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.