2022-12-012024-03-132024-03-13false13753399SAMMY STUDIOS LTD2024-09-20iso4217:GBPxbrli:pure137533992022-12-01137533992024-03-13137533992022-12-012024-03-13137533992021-11-18137533992022-11-30137533992021-11-182022-11-3013753399bus:SmallEntities2022-12-012024-03-1313753399bus:AuditExempt-NoAccountantsReport2022-12-012024-03-1313753399bus:FullAccounts2022-12-012024-03-1313753399bus:PrivateLimitedCompanyLtd2022-12-012024-03-1313753399core:WithinOneYear2024-03-1313753399core:AfterOneYear2024-03-1313753399core:WithinOneYear2022-11-3013753399core:AfterOneYear2022-11-3013753399core:ShareCapital2024-03-1313753399core:SharePremium2024-03-1313753399core:RevaluationReserve2024-03-1313753399core:OtherReservesSubtotal2024-03-1313753399core:RetainedEarningsAccumulatedLosses2024-03-1313753399core:ShareCapital2022-11-3013753399core:SharePremium2022-11-3013753399core:RevaluationReserve2022-11-3013753399core:OtherReservesSubtotal2022-11-3013753399core:RetainedEarningsAccumulatedLosses2022-11-3013753399core:LandBuildings2024-03-1313753399core:PlantMachinery2024-03-1313753399core:Vehicles2024-03-1313753399core:FurnitureFittings2024-03-1313753399core:OfficeEquipment2024-03-1313753399core:NetGoodwill2024-03-1313753399core:IntangibleAssetsOtherThanGoodwill2024-03-1313753399core:ListedExchangeTraded2024-03-1313753399core:UnlistedNon-exchangeTraded2024-03-1313753399core:LandBuildings2022-11-3013753399core:PlantMachinery2022-11-3013753399core:Vehicles2022-11-3013753399core:FurnitureFittings2022-11-3013753399core:OfficeEquipment2022-11-3013753399core:NetGoodwill2022-11-3013753399core:IntangibleAssetsOtherThanGoodwill2022-11-3013753399core:ListedExchangeTraded2022-11-3013753399core:UnlistedNon-exchangeTraded2022-11-3013753399core:LandBuildings2022-12-012024-03-1313753399core:PlantMachinery2022-12-012024-03-1313753399core:Vehicles2022-12-012024-03-1313753399core:FurnitureFittings2022-12-012024-03-1313753399core:OfficeEquipment2022-12-012024-03-1313753399core:NetGoodwill2022-12-012024-03-1313753399core:IntangibleAssetsOtherThanGoodwill2022-12-012024-03-1313753399core:ListedExchangeTraded2022-12-012024-03-1313753399core:UnlistedNon-exchangeTraded2022-12-012024-03-1313753399core:MoreThanFiveYears2022-12-012024-03-1313753399core:Non-currentFinancialInstruments2024-03-1313753399core:Non-currentFinancialInstruments2022-11-3013753399dpl:CostSales2022-12-012024-03-1313753399dpl:DistributionCosts2022-12-012024-03-1313753399core:LandBuildings2022-12-012024-03-1313753399core:PlantMachinery2022-12-012024-03-1313753399core:Vehicles2022-12-012024-03-1313753399core:FurnitureFittings2022-12-012024-03-1313753399core:OfficeEquipment2022-12-012024-03-1313753399dpl:AdministrativeExpenses2022-12-012024-03-1313753399core:NetGoodwill2022-12-012024-03-1313753399core:IntangibleAssetsOtherThanGoodwill2022-12-012024-03-1313753399dpl:GroupUndertakings2022-12-012024-03-1313753399dpl:ParticipatingInterests2022-12-012024-03-1313753399dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012024-03-1313753399core:ListedExchangeTraded2022-12-012024-03-1313753399dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012024-03-1313753399core:UnlistedNon-exchangeTraded2022-12-012024-03-1313753399dpl:CostSales2021-11-182022-11-3013753399dpl:DistributionCosts2021-11-182022-11-3013753399core:LandBuildings2021-11-182022-11-3013753399core:PlantMachinery2021-11-182022-11-3013753399core:Vehicles2021-11-182022-11-3013753399core:FurnitureFittings2021-11-182022-11-3013753399core:OfficeEquipment2021-11-182022-11-3013753399dpl:AdministrativeExpenses2021-11-182022-11-3013753399core:NetGoodwill2021-11-182022-11-3013753399core:IntangibleAssetsOtherThanGoodwill2021-11-182022-11-3013753399dpl:GroupUndertakings2021-11-182022-11-3013753399dpl:ParticipatingInterests2021-11-182022-11-3013753399dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-182022-11-3013753399core:ListedExchangeTraded2021-11-182022-11-3013753399dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-182022-11-3013753399core:UnlistedNon-exchangeTraded2021-11-182022-11-3013753399core:NetGoodwill2024-03-1313753399core:IntangibleAssetsOtherThanGoodwill2024-03-1313753399core:LandBuildings2024-03-1313753399core:PlantMachinery2024-03-1313753399core:Vehicles2024-03-1313753399core:FurnitureFittings2024-03-1313753399core:OfficeEquipment2024-03-1313753399core:AfterOneYear2024-03-1313753399core:WithinOneYear2024-03-1313753399core:ListedExchangeTraded2024-03-1313753399core:UnlistedNon-exchangeTraded2024-03-1313753399core:ShareCapital2024-03-1313753399core:SharePremium2024-03-1313753399core:RevaluationReserve2024-03-1313753399core:OtherReservesSubtotal2024-03-1313753399core:RetainedEarningsAccumulatedLosses2024-03-1313753399core:NetGoodwill2022-11-3013753399core:IntangibleAssetsOtherThanGoodwill2022-11-3013753399core:LandBuildings2022-11-3013753399core:PlantMachinery2022-11-3013753399core:Vehicles2022-11-3013753399core:FurnitureFittings2022-11-3013753399core:OfficeEquipment2022-11-3013753399core:AfterOneYear2022-11-3013753399core:WithinOneYear2022-11-3013753399core:ListedExchange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SAMMY STUDIOS LTD

Registered Number
13753399
(England and Wales)

Unaudited Financial Statements for the Period ended
13 March 2024

SAMMY STUDIOS LTD
Company Information
for the period from 1 December 2022 to 13 March 2024

Director

S R Weston

Registered Address

3 Bottreaux
Boscastle
PL35 0AF

Registered Number

13753399 (England and Wales)
SAMMY STUDIOS LTD
Balance Sheet as at
13 March 2024

Notes

13 Mar 2024

30 Nov 2022

£

£

£

£

Fixed assets
Tangible assets34,2252,256
4,2252,256
Current assets
Cash at bank and on hand4,37821,648
4,37821,648
Creditors amounts falling due within one year4(1,546)(5,588)
Net current assets (liabilities)2,83216,060
Total assets less current liabilities7,05718,316
Provisions for liabilities5(803)(429)
Net assets6,25417,887
Capital and reserves
Called up share capital11
Profit and loss account6,25317,886
Shareholders' funds6,25417,887
The financial statements were approved and authorised for issue by the Director on 20 September 2024, and are signed on its behalf by:
S R Weston
Director
Registered Company No. 13753399
SAMMY STUDIOS LTD
Notes to the Financial Statements
for the period ended 13 March 2024

1.Accounting policies
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.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
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.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Office Equipment25
2.Average number of employees

20242022
Average number of employees during the year11
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 December 223,0353,035
Additions3,7043,704
At 13 March 246,7396,739
Depreciation and impairment
At 01 December 22779779
Charge for year1,7351,735
At 13 March 242,5142,514
Net book value
At 13 March 244,2254,225
At 30 November 222,2562,256
4.Creditors: amounts due within one year

2024

2022

££
Bank borrowings and overdrafts-19
Taxation and social security1,1324,752
Accrued liabilities and deferred income414817
Total1,5465,588
5.Provisions for liabilities

2024

2022

££
Net deferred tax liability (asset)803429
Total803429