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REGISTERED NUMBER: 10403908 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

STUDIO 35 (YORK) LIMITED

STUDIO 35 (YORK) LIMITED (REGISTERED NUMBER: 10403908)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STUDIO 35 (YORK) LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTOR: Mr R J Thorpe





REGISTERED OFFICE: 35 Blossom Street
York
North Yorkshire
YO24 1AQ





REGISTERED NUMBER: 10403908 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
Equinox House
Clifton Park, Shipton Road
York
Yorkshire
YO30 5PA

STUDIO 35 (YORK) LIMITED (REGISTERED NUMBER: 10403908)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 50,958 47,567

CURRENT ASSETS
Stocks 42,075 20,983
Debtors 5 37,674 24,309
Cash at bank 224,508 40,190
304,257 85,482
CREDITORS
Amounts falling due within one year 6 160,455 64,660
NET CURRENT ASSETS 143,802 20,822
TOTAL ASSETS LESS CURRENT LIABILITIES 194,760 68,389

CREDITORS
Amounts falling due after more than
one year

7

13,672

26,654
NET ASSETS 181,088 41,735

CAPITAL AND RESERVES
Called up share capital 8 200 200
Capital redemption reserve (7,400 ) (7,400 )
Retained earnings 188,288 48,935
SHAREHOLDERS' FUNDS 181,088 41,735

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 35 (YORK) LIMITED (REGISTERED NUMBER: 10403908)

BALANCE SHEET - continued
30 September 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 director and authorised for issue on 26 February 2025 and were signed by:





Mr R J Thorpe - Director


STUDIO 35 (YORK) LIMITED (REGISTERED NUMBER: 10403908)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024


1. STATUTORY INFORMATION

Studio 35 (York) 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 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.
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

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

STUDIO 35 (YORK) LIMITED (REGISTERED NUMBER: 10403908)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 102,286
Additions 16,923
Disposals (3,275 )
At 30 September 2024 115,934
DEPRECIATION
At 1 October 2023 54,719
Charge for year 11,690
Eliminated on disposal (1,433 )
At 30 September 2024 64,976
NET BOOK VALUE
At 30 September 2024 50,958
At 30 September 2023 47,567

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,054 12,411
Other debtors 12,620 11,898
37,674 24,309

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,111 11,111
Hire purchase contracts 2,959 2,960
Trade creditors 32,893 9,970
Taxation and social security 93,039 29,073
Other creditors 20,453 11,546
160,455 64,660

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 7,408 18,519
Hire purchase contracts 6,264 8,135
13,672 26,654

STUDIO 35 (YORK) LIMITED (REGISTERED NUMBER: 10403908)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary 1 200 200

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr R J Thorpe
Balance outstanding at start of year (4,364 ) 3,010
Amounts advanced 13,060 7,926
Amounts repaid (9,000 ) (15,300 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (304 ) (4,364 )