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REGISTERED NUMBER: 13409770 (England and Wales)















Unaudited Financial Statements

for the Period 1 June 2024 to 28 February 2025

for

Light Garden Studio Ltd

Light Garden Studio Ltd (Registered number: 13409770)






Contents of the Financial Statements
for the Period 1 June 2024 to 28 February 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Light Garden Studio Ltd

Company Information
for the Period 1 June 2024 to 28 February 2025







DIRECTORS: A D Brunskill
D Webb





REGISTERED OFFICE: 7 Liverpool Road
London
W5 5NZ





REGISTERED NUMBER: 13409770 (England and Wales)





ACCOUNTANTS: Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF

Light Garden Studio Ltd (Registered number: 13409770)

Statement of Financial Position
28 February 2025

28.2.25 31.5.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 41,225 47,114
Tangible assets 5 18,491 68,073
59,716 115,187

CURRENT ASSETS
Debtors 6 101,478 197,243
Cash at bank 5,911 70,209
107,389 267,452
CREDITORS
Amounts falling due within one year 7 2,331,891 2,042,766
NET CURRENT LIABILITIES (2,224,502 ) (1,775,314 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,164,786

)

(1,660,127

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (2,164,787 ) (1,660,128 )
(2,164,786 ) (1,660,127 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2025 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.

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 8 April 2025 and were signed on its behalf by:



A D Brunskill - Director


Light Garden Studio Ltd (Registered number: 13409770)

Notes to the Financial Statements
for the Period 1 June 2024 to 28 February 2025

1. STATUTORY INFORMATION

Light Garden Studio 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.

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.

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.

Website costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets are are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost and 20% on cost

Taxation
Taxation for the period 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 statement of financial position date.

Research and development
Expenditure on research and development is expensed through the income statement in the year in which it is incurred.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2024 - 9 ) .

Light Garden Studio Ltd (Registered number: 13409770)

Notes to the Financial Statements - continued
for the Period 1 June 2024 to 28 February 2025

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 June 2024
and 28 February 2025 58,892
AMORTISATION
At 1 June 2024 11,778
Charge for period 5,889
At 28 February 2025 17,667
NET BOOK VALUE
At 28 February 2025 41,225
At 31 May 2024 47,114

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2024 159,872
Additions 420
Disposals (97,496 )
At 28 February 2025 62,796
DEPRECIATION
At 1 June 2024 91,799
Charge for period 14,620
Eliminated on disposal (62,114 )
At 28 February 2025 44,305
NET BOOK VALUE
At 28 February 2025 18,491
At 31 May 2024 68,073

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 31.5.24
£    £   
Trade debtors 5,772 -
Other debtors 95,706 197,243
101,478 197,243

Light Garden Studio Ltd (Registered number: 13409770)

Notes to the Financial Statements - continued
for the Period 1 June 2024 to 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 31.5.24
£    £   
Trade creditors 5,138 3,383
Amounts owed to group undertakings 2,319,685 1,999,485
Other creditors 7,068 39,898
2,331,891 2,042,766

8. RELATED PARTY DISCLOSURES

Included in other creditors due within one year is an amount of £5,718 (2024: £5,158) owed from the company to a director. The loan is interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The immediate and ultimate controlling party is Light Garden Holdings Ltd, whose registered office is 7 Liverpool Road, London, W5 5NZ.