2023-10-012024-09-302024-09-30false12945543STUDIO NEXT LIMITED2024-11-2147910iso4217:GBPxbrli:pure129455432023-10-01129455432024-09-30129455432023-10-012024-09-30129455432022-10-01129455432023-09-30129455432022-10-012023-09-3012945543bus:SmallEntities2023-10-012024-09-3012945543bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3012945543bus:AbridgedAccounts2023-10-012024-09-3012945543bus:PrivateLimitedCompanyLtd2023-10-012024-09-3012945543core:WithinOneYear2024-09-3012945543core:AfterOneYear2024-09-3012945543core:WithinOneYear2023-09-3012945543core:AfterOneYear2023-09-3012945543core:ShareCapital2024-09-3012945543core:SharePremium2024-09-3012945543core:RevaluationReserve2024-09-3012945543core:OtherReservesSubtotal2024-09-3012945543core:RetainedEarningsAccumulatedLosses2024-09-3012945543core:ShareCapital2023-09-3012945543core:SharePremium2023-09-3012945543core:RevaluationReserve2023-09-3012945543core:OtherReservesSubtotal2023-09-3012945543core:RetainedEarningsAccumulatedLosses2023-09-3012945543core:LandBuildings2024-09-3012945543core:PlantMachinery2024-09-3012945543core:Vehicles2024-09-3012945543core:FurnitureFittings2024-09-3012945543core:OfficeEquipment2024-09-3012945543core:NetGoodwill2024-09-3012945543core:IntangibleAssetsOtherThanGoodwill2024-09-3012945543core:ListedExchangeTraded2024-09-3012945543core:UnlistedNon-exchangeTraded2024-09-3012945543core: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:LandBuildings2023-10-012024-09-3012945543core:PlantMachinery2023-10-012024-09-3012945543core:Vehicles2023-10-012024-09-3012945543core:FurnitureFittings2023-10-012024-09-3012945543core:OfficeEquipment2023-10-012024-09-3012945543core:NetGoodwill2023-10-012024-09-3012945543core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3012945543core:ListedExchangeTraded2023-10-012024-09-3012945543core:UnlistedNon-exchangeTraded2023-10-012024-09-3012945543core:MoreThanFiveYears2023-10-012024-09-3012945543core:Non-currentFinancialInstruments2024-09-3012945543core:Non-currentFinancialInstruments2023-09-3012945543dpl:CostSales2023-10-012024-09-3012945543dpl:DistributionCosts2023-10-012024-09-3012945543core:LandBuildings2023-10-012024-09-3012945543core:PlantMachinery2023-10-012024-09-3012945543core:Vehicles2023-10-012024-09-3012945543core:FurnitureFittings2023-10-012024-09-3012945543core:OfficeEquipment2023-10-012024-09-3012945543dpl:AdministrativeExpenses2023-10-012024-09-3012945543core:NetGoodwill2023-10-012024-09-3012945543core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3012945543dpl:GroupUndertakings2023-10-012024-09-3012945543dpl:ParticipatingInterests2023-10-012024-09-3012945543dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3012945543core:ListedExchangeTraded2023-10-012024-09-3012945543dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3012945543core:UnlistedNon-exchangeTraded2023-10-012024-09-3012945543dpl:CostSales2022-10-012023-09-3012945543dpl:DistributionCosts2022-10-012023-09-3012945543core:LandBuildings2022-10-012023-09-3012945543core:PlantMachinery2022-10-012023-09-3012945543core:Vehicles2022-10-012023-09-3012945543core:FurnitureFittings2022-10-012023-09-3012945543core:OfficeEquipment2022-10-012023-09-3012945543dpl:AdministrativeExpenses2022-10-012023-09-3012945543core: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-exchangeTraded2022-10-012023-09-3012945543core:NetGoodwill2024-09-3012945543core:IntangibleAssetsOtherThanGoodwill2024-09-3012945543core:LandBuildings2024-09-3012945543core:PlantMachinery2024-09-3012945543core:Vehicles2024-09-3012945543core:FurnitureFittings2024-09-3012945543core:OfficeEquipment2024-09-3012945543core:AfterOneYear2024-09-3012945543core:WithinOneYear2024-09-3012945543core:ListedExchangeTraded2024-09-3012945543core:UnlistedNon-exchangeTraded2024-09-3012945543core:ShareCapital2024-09-3012945543core:SharePremium2024-09-3012945543core:RevaluationReserve2024-09-3012945543core:OtherReservesSubtotal2024-09-3012945543core:RetainedEarningsAccumulatedLosses2024-09-3012945543core: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:L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STUDIO NEXT LIMITED

Registered Number
12945543
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

STUDIO NEXT LIMITED
Company Information
for the year from 1 October 2023 to 30 September 2024

Director

NESVAT, Mert

Company Secretary

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 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets33,6623,569
3,6623,569
Current assets
Debtors8,820-
Cash at bank and on hand39,41158,138
48,23158,138
Creditors amounts falling due within one year4(15,670)(28,222)
Net current assets (liabilities)32,56129,916
Total assets less current liabilities36,22333,485
Net assets36,22333,485
Capital and reserves
Called up share capital11
Other reserves500500
Profit and loss account35,72232,984
Shareholders' funds36,22333,485
The financial statements were approved and authorised for issue by the Director on 21 November 2024, 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 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 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.
Revenue from sale of goods
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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
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
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 October 234,910
Additions1,532
At 30 September 246,442
Depreciation and impairment
At 01 October 231,342
Charge for year1,438
At 30 September 242,780
Net book value
At 30 September 243,662
At 30 September 233,569
4.Creditors: amounts due within one year

2024

2023

££
Taxation and social security11,68020,950
Other creditors3,9907,272
Total15,67028,222
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.