IRIS Accounts Production v24.3.2.46 11311733 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113117332023-04-30113117332024-04-30113117332023-05-012024-04-30113117332022-04-30113117332022-05-012023-04-30113117332023-04-3011311733ns15:EnglandWales2023-05-012024-04-3011311733ns14:PoundSterling2023-05-012024-04-3011311733ns10:Director12023-05-012024-04-3011311733ns10:Director22023-05-012024-04-3011311733ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011311733ns10:SmallEntities2023-05-012024-04-3011311733ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011311733ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011311733ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011311733ns10:FullAccounts2023-05-012024-04-3011311733ns10:OrdinaryShareClass12023-05-012024-04-3011311733ns10:OrdinaryShareClass22023-05-012024-04-3011311733ns10:RegisteredOffice2023-05-012024-04-3011311733ns5:CurrentFinancialInstruments2024-04-3011311733ns5:CurrentFinancialInstruments2023-04-3011311733ns5:Non-currentFinancialInstruments2024-04-3011311733ns5:Non-currentFinancialInstruments2023-04-3011311733ns5:ShareCapital2024-04-3011311733ns5:ShareCapital2023-04-3011311733ns5:RetainedEarningsAccumulatedLosses2024-04-3011311733ns5:RetainedEarningsAccumulatedLosses2023-04-3011311733ns5:PlantMachinery2023-04-3011311733ns5:PlantMachinery2023-05-012024-04-3011311733ns5:PlantMachinery2024-04-3011311733ns5:PlantMachinery2023-04-3011311733ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3011311733ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3011311733ns10:OrdinaryShareClass12024-04-3011311733ns10:OrdinaryShareClass22024-04-30
REGISTERED NUMBER: 11311733 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

STUDIO LOMAX LTD

STUDIO LOMAX LTD (REGISTERED NUMBER: 11311733)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STUDIO LOMAX LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Ms A I Lomax
R Kennedy-Fletcher





REGISTERED OFFICE: Studio 1
29a Belfast Road
Hackney
London
N16 6UN





REGISTERED NUMBER: 11311733 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

STUDIO LOMAX LTD (REGISTERED NUMBER: 11311733)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,063 1,417

CURRENT ASSETS
Stocks 10,527 7,543
Debtors 5 114,278 183,736
Cash at bank and in hand 43,797 95,353
168,602 286,632
CREDITORS
Amounts falling due within one year 6 114,847 258,473
NET CURRENT ASSETS 53,755 28,159
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,818

29,576

CREDITORS
Amounts falling due after more than one
year

7

19,167

29,167
NET ASSETS 35,651 409

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 35,641 399
SHAREHOLDERS' FUNDS 35,651 409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

STUDIO LOMAX LTD (REGISTERED NUMBER: 11311733)

BALANCE SHEET - continued
30 APRIL 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 27 January 2025 and were signed on its behalf by:




Ms A I Lomax - Director



R Kennedy-Fletcher - Director


STUDIO LOMAX LTD (REGISTERED NUMBER: 11311733)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Studio Lomax Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 1,458
DEPRECIATION
At 1 May 2023 41
Charge for year 354
At 30 April 2024 395
NET BOOK VALUE
At 30 April 2024 1,063
At 30 April 2023 1,417

STUDIO LOMAX LTD (REGISTERED NUMBER: 11311733)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 22,309 -
Other debtors 91,969 183,736
114,278 183,736

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 20,654 15,466
Taxation and social security 18,957 4,461
Other creditors 65,236 228,546
114,847 258,473

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 19,167 29,167

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
9 Ordinary A £1 9 9
1 Ordinary B £1 1 1
10 10