2022-10-012023-09-302023-09-30false00670337Tilzey Studio's Ltd2024-01-2968201iso4217:GBPxbrli:pure006703372022-10-01006703372023-09-30006703372022-10-012023-09-30006703372021-10-01006703372022-09-30006703372021-10-012022-09-3000670337bus:SmallEntities2022-10-012023-09-3000670337bus:AuditExempt-NoAccountantsReport2022-10-012023-09-3000670337bus:AbridgedAccounts2022-10-012023-09-3000670337bus:PrivateLimitedCompanyLtd2022-10-012023-09-3000670337core:WithinOneYear2023-09-3000670337core:AfterOneYear2023-09-3000670337core:WithinOneYear2022-09-3000670337core:AfterOneYear2022-09-3000670337core:ShareCapital2023-09-3000670337core:SharePremium2023-09-3000670337core:RevaluationReserve2023-09-3000670337core:OtherReservesSubtotal2023-09-3000670337core:RetainedEarningsAccumulatedLosses2023-09-3000670337core:ShareCapital2022-09-3000670337core:SharePremium2022-09-3000670337core:RevaluationReserve2022-09-3000670337core:OtherReservesSubtotal2022-09-3000670337core:RetainedEarningsAccumulatedLosses2022-09-3000670337core:LandBuildings2023-09-3000670337core:PlantMachinery2023-09-3000670337core:Vehicles2023-09-3000670337core:FurnitureFittings2023-09-3000670337core:OfficeEquipment2023-09-3000670337core:NetGoodwill2023-09-3000670337core:IntangibleAssetsOtherThanGoodwill2023-09-3000670337core:ListedExchangeTraded2023-09-3000670337core:UnlistedNon-exchangeTraded2023-09-3000670337core:LandBuildings2022-09-3000670337core:PlantMachinery2022-09-3000670337core:Vehicles2022-09-3000670337core:FurnitureFittings2022-09-3000670337core:OfficeEquipment2022-09-3000670337core:NetGoodwill2022-09-3000670337core:IntangibleAssetsOtherThanGoodwill2022-09-3000670337core:ListedExchangeTraded2022-09-3000670337core:UnlistedNon-exchangeTraded2022-09-3000670337core:LandBuildings2022-10-012023-09-3000670337core:PlantMachinery2022-10-012023-09-3000670337core:Vehicles2022-10-012023-09-3000670337core:FurnitureFittings2022-10-012023-09-3000670337core:OfficeEquipment2022-10-012023-09-3000670337core:NetGoodwill2022-10-012023-09-3000670337core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3000670337core:ListedExchangeTraded2022-10-012023-09-3000670337core:UnlistedNon-exchangeTraded2022-10-012023-09-3000670337core:MoreThanFiveYears2022-10-012023-09-3000670337core:Non-currentFinancialInstruments2023-09-3000670337core:Non-currentFinancialInstruments2022-09-3000670337dpl:CostSales2022-10-012023-09-3000670337dpl:DistributionCosts2022-10-012023-09-3000670337core:LandBuildings2022-10-012023-09-3000670337core:PlantMachinery2022-10-012023-09-3000670337core:Vehicles2022-10-012023-09-3000670337core:FurnitureFittings2022-10-012023-09-3000670337core:OfficeEquipment2022-10-012023-09-3000670337dpl:AdministrativeExpenses2022-10-012023-09-3000670337core:NetGoodwill2022-10-012023-09-3000670337core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3000670337dpl:GroupUndertakings2022-10-012023-09-3000670337dpl:ParticipatingInterests2022-10-012023-09-3000670337dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3000670337core:ListedExchangeTraded2022-10-012023-09-3000670337dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3000670337core:UnlistedNon-exchangeTraded2022-10-012023-09-3000670337dpl:CostSales2021-10-012022-09-3000670337dpl:DistributionCosts2021-10-012022-09-3000670337core:LandBuildings2021-10-012022-09-3000670337core:PlantMachinery2021-10-012022-09-3000670337core:Vehicles2021-10-012022-09-3000670337core:FurnitureFittings2021-10-012022-09-3000670337core:OfficeEquipment2021-10-012022-09-3000670337dpl:AdministrativeExpenses2021-10-012022-09-3000670337core:NetGoodwill2021-10-012022-09-3000670337core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3000670337dpl:GroupUndertakings2021-10-012022-09-3000670337dpl:ParticipatingInterests2021-10-012022-09-3000670337dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3000670337core:ListedExchangeTraded2021-10-012022-09-3000670337dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3000670337core:UnlistedNon-exchangeTraded2021-10-012022-09-3000670337core:NetGoodwill2023-09-3000670337core:IntangibleAssetsOtherThanGoodwill2023-09-3000670337core:LandBuildings2023-09-3000670337core:PlantMachinery2023-09-3000670337core:Vehicles2023-09-3000670337core:FurnitureFittings2023-09-3000670337core:OfficeEquipment2023-09-3000670337core:AfterOneYear2023-09-3000670337core:WithinOneYear2023-09-3000670337core:ListedExchangeTraded2023-09-3000670337core:UnlistedNon-exchangeTraded2023-09-3000670337core:ShareCapital2023-09-3000670337core:SharePremium2023-09-3000670337core:RevaluationReserve2023-09-3000670337core:OtherReservesSubtotal2023-09-3000670337core:RetainedEarningsAccumulatedLosses2023-09-3000670337core:NetGoodwill2022-09-3000670337core:IntangibleAssetsOtherThanGoodwill2022-09-3000670337core:LandBuildings2022-09-3000670337core:PlantMachinery2022-09-3000670337core:Vehicles2022-09-3000670337core:FurnitureFittings2022-09-3000670337core:OfficeEquipment2022-09-3000670337core:AfterOneYear2022-09-3000670337core:WithinOneYear2022-09-3000670337core:ListedExchangeTraded2022-09-3000670337core:UnlistedNon-exchangeTraded2022-09-3000670337core:ShareCapital2022-09-3000670337core:SharePremium2022-09-3000670337core:RevaluationReserve2022-09-3000670337core:OtherReservesSubtotal2022-09-3000670337core:RetainedEarningsAccumulatedLosses2022-09-3000670337core:NetGoodwill2021-10-0100670337core:IntangibleAssetsOtherThanGoodwill2021-10-0100670337core:LandBuildings2021-10-0100670337core:PlantMachinery2021-10-0100670337core:Vehicles2021-10-0100670337core:FurnitureFittings2021-10-0100670337core:OfficeEquipment2021-10-0100670337core:AfterOneYear2021-10-0100670337core:WithinOneYear2021-10-0100670337core:ListedExchangeTraded2021-10-0100670337core:UnlistedNon-exchangeTraded2021-10-0100670337core:ShareCapital2021-10-0100670337core:SharePremium2021-10-0100670337core:RevaluationReserve2021-10-0100670337core:OtherReservesSubtotal2021-10-0100670337core:RetainedEarningsAccumulatedLosses2021-10-0100670337core:AfterOneYear2022-10-012023-09-3000670337core:WithinOneYear2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:CostValuation2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3000670337core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3000670337core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3000670337core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3000670337core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3000670337core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3000670337core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3000670337core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3000670337core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3000670337core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3000670337core:Non-currentFinancialInstrumentscore:CostValuation2022-09-3000670337core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-09-3000670337core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-09-3000670337core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-09-3000670337core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-09-3000670337core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-09-3000670337core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-09-3000670337core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-09-3000670337core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-09-3000670337bus:Director12022-10-012023-09-30

Tilzey Studio's Ltd

Registered Number
00670337
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

Tilzey Studio's Ltd
Company Information
for the year from 1 October 2022 to 30 September 2023

Director

TILZEY, Bryan Charles

Company Secretary

BRAZIER, Deborha Louise Elizabeth

Registered Address

Woodleigh Lodge
West Street
Stoke Sub Hamdon
TA14 6QL

Registered Number

00670337 (England and Wales)
Tilzey Studio's Ltd
Balance Sheet as at
30 September 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets5214238
Investments6245,000245,000
245,214245,238
Current assets
Cash at bank and on hand37,17341,281
37,17341,281
Creditors amounts falling due within one year7(2,991)(2,907)
Net current assets (liabilities)34,18238,374
Total assets less current liabilities279,396283,612
Provisions for liabilities8(28,223)(28,227)
Net assets251,173255,385
Capital and reserves
Called up share capital1,0001,000
Revaluation reserve184,639184,639
Profit and loss account65,53469,746
Shareholders' funds251,173255,385
The financial statements were approved and authorised for issue by the Director on 29 January 2024, and are signed on its behalf by:
TILZEY, Bryan Charles
Director
Registered Company No. 00670337
Tilzey Studio's Ltd
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:

Reducing balance (%)
Fixtures and fittings10
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.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Investments policy
Investment Properties are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
4.Employee information

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

Total

£
Cost or valuation
At 01 October 225,106
At 30 September 235,106
Depreciation and impairment
At 01 October 224,868
Charge for year24
At 30 September 234,892
Net book value
At 30 September 23214
At 30 September 22238
6.Fixed asset investments
The investment property was valued on an open market basis on 16 June 2019 by RMW Knight.

Total

£
Cost or valuation
At 01 October 22245,000
At 30 September 23245,000
Net book value
At 30 September 23245,000
At 30 September 22245,000
7.Creditors within one year

2023

2022

££
Amounts owed to related parties499883
Taxation and social security1,024812
Accrued liabilities and deferred income1,4681,212
Total2,9912,907
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.
8.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)28,22328,227
Total28,22328,227