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REGISTERED NUMBER: 12003444 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

BYTTEN STUDIO LIMITED

BYTTEN STUDIO LIMITED (REGISTERED NUMBER: 12003444)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BYTTEN STUDIO LIMITED

Company Information
for the year ended 31 March 2024







DIRECTORS: T C Coxon
J Baylis





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 12003444 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

BYTTEN STUDIO LIMITED (REGISTERED NUMBER: 12003444)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 866 76
Tangible assets 5 2,031 379
2,897 455

CURRENT ASSETS
Debtors 6 198,516 17,357
Cash at bank 353,121 158,038
551,637 175,395
CREDITORS
Amounts falling due within one year 7 (15,259 ) (7,970 )
NET CURRENT ASSETS 536,378 167,425
TOTAL ASSETS LESS CURRENT
LIABILITIES

539,275

167,880

PROVISIONS FOR LIABILITIES 8 (508 ) (72 )
NET ASSETS 538,767 167,808

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 538,667 167,708
SHAREHOLDERS' FUNDS 538,767 167,808

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

BYTTEN STUDIO LIMITED (REGISTERED NUMBER: 12003444)

Balance Sheet - continued
31 March 2024


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 15 August 2024 and were signed on its behalf by:





T C Coxon - Director


BYTTEN STUDIO LIMITED (REGISTERED NUMBER: 12003444)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Bytten Studio 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the fair value of consideration received or receivable net of VAT and trade discounts.

Revenue from the sale of video games is recognised at the point of sale.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment33% on cost
Furniture & Fixture Straight line over 4 years.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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 balance sheet date.


BYTTEN STUDIO LIMITED (REGISTERED NUMBER: 12003444)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023 223
Additions 910
At 31 March 2024 1,133
AMORTISATION
At 1 April 2023 147
Charge for year 120
At 31 March 2024 267
NET BOOK VALUE
At 31 March 2024 866
At 31 March 2023 76

BYTTEN STUDIO LIMITED (REGISTERED NUMBER: 12003444)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 392 309 701
Additions 226 2,086 2,312
At 31 March 2024 618 2,395 3,013
DEPRECIATION
At 1 April 2023 16 306 322
Charge for year 140 520 660
At 31 March 2024 156 826 982
NET BOOK VALUE
At 31 March 2024 462 1,569 2,031
At 31 March 2023 376 3 379

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 75,824 14,048
Other debtors 122,692 3,309
198,516 17,357

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 15,259 7,970

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 508 72

Deferred
tax
£   
Balance at 1 April 2023 72
Provided during year 436
Accelerated capital allowances
Balance at 31 March 2024 508

BYTTEN STUDIO LIMITED (REGISTERED NUMBER: 12003444)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100