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REGISTERED NUMBER: 06523240 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

STUDIO SIX LIMITED

STUDIO SIX LIMITED (REGISTERED NUMBER: 06523240)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

STUDIO SIX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr J M Argent
Mrs F M Argent





SECRETARY: Mrs F M Argent





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 06523240 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

STUDIO SIX LIMITED (REGISTERED NUMBER: 06523240)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 45,383 50,021
45,383 50,021

CURRENT ASSETS
Debtors 6 773,568 1,373,539
Prepayments and accrued income 128,721 72,060
Cash at bank and in hand 1,077,133 859,106
1,979,422 2,304,705
CREDITORS
Amounts falling due within one year 7 943,099 1,259,248
NET CURRENT ASSETS 1,036,323 1,045,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,081,706

1,095,478

CREDITORS
Amounts falling due after more than
one year

8

(64,000

)

(112,000

)

PROVISIONS FOR LIABILITIES 10 (11,346 ) (9,504 )
NET ASSETS 1,006,360 973,974

STUDIO SIX LIMITED (REGISTERED NUMBER: 06523240)

BALANCE SHEET - continued
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 11 111 111
Share premium 29,989 29,989
Retained earnings 976,260 943,874
SHAREHOLDERS' FUNDS 1,006,360 973,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2024 and were signed on its behalf by:





Mr J M Argent - Director


STUDIO SIX LIMITED (REGISTERED NUMBER: 06523240)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Studio Six 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of nine 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 cost
Computer equipment - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 49 (2023 - 47 ) .

STUDIO SIX LIMITED (REGISTERED NUMBER: 06523240)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 1,200,000
AMORTISATION
At 1 February 2023
and 31 January 2024 1,200,000
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2023 6,860 211,086 217,946
Additions - 18,530 18,530
At 31 January 2024 6,860 229,616 236,476
DEPRECIATION
At 1 February 2023 6,860 161,065 167,925
Charge for year - 23,168 23,168
At 31 January 2024 6,860 184,233 191,093
NET BOOK VALUE
At 31 January 2024 - 45,383 45,383
At 31 January 2023 - 50,021 50,021

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 676,340 1,289,905
Other debtors 97,228 83,634
773,568 1,373,539

STUDIO SIX LIMITED (REGISTERED NUMBER: 06523240)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 42,508 69,793
Taxation and social security 406,614 441,245
Other creditors 493,977 748,210
943,099 1,259,248

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 64,000 112,000

9. SECURED DEBTS

The company's bankers hold a fixed and floating charge over the company's assets.

10. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 11,346 9,504

Deferred
tax
£   
Balance at 1 February 2023 9,504
Accelerated capital allowances 1,842
Balance at 31 January 2024 11,346

11. CALLED UP SHARE CAPITAL


Alloted,
issued and fully
paid

Nominal

31.1.2022


31.1.2021
Number: Class: value £    £   
3,000 Ordinary 'A' £0.01 30 30
3,000 Ordinary 'B' £0.01 30 30
1,100 Ordinary 'C' £0.01 11 11
2,000 Ordinary 'E' £0.01 20 20
2,000 Ordinary 'F' £0.01 20 20
111 111

STUDIO SIX LIMITED (REGISTERED NUMBER: 06523240)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

12. RELATED PARTY DISCLOSURES

The director maintains an interest free loan account with the company. At the year end, the company owed £39 (2022: £180 to the director.

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J M Argent.

14. ULTIMATE PARENT COMPANY

The ultimate parent company is Studio Six Holdings Limited. This is a company incorporated in England and Wales. Registered office: Boyce's Building, 40-42 Regent Street, Clifton, Bristol, BS8 4HU.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
STUDIO SIX LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Studio Six Limited for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Studio Six Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Studio Six Limited and state those matters that we have agreed to state to the Board of Directors of Studio Six Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Studio Six Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Studio Six Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Studio Six Limited. You consider that Studio Six Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Studio Six Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU


Date: .............................................