SCHMIDTSTUDIOS LTD

Company Registration Number:
SC639778 (Scotland)

Unaudited micro entity accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

SCHMIDTSTUDIOS LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

SCHMIDTSTUDIOS LTD

Company Information

for the Period Ended 31 August 2024




Director: Jonatan Schmidt
Registered office: 5
Flat 1/2
Green Road
Paisley
Renfrewshire
GB-SCT
PA2 9AA
Company Registration Number: SC639778 (Scotland)

SCHMIDTSTUDIOS LTD

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal Activities

Photography

Additional information

Director’s Report for SchmidtStudios LTD For the Year Ended 2024 Introduction The director of SchmidtStudios LTD presents this annual report for the financial year ending 2024. This report provides an overview of the company’s performance, key challenges, and future outlook. Business Performance During the financial year 2023 to 2024, the business faced significant challenges due to personal health conditions and those of family members. As a result, priority was given to family over business operations, leading to a decline in performance. Revenue and client bookings were impacted, and business activities were scaled down to accommodate personal circumstances. Key Developments Operational Challenges: Due to health-related issues, the business had to operate at a reduced capacity, affecting overall growth and revenue. Limited Client Engagement: With reduced availability, the ability to take on new clients and maintain regular operations was constrained. Financial Impact: The slowdown in business activities resulted in lower-than-expected financial performance. Financial Overview The financial results for the year reflect the impact of the reduced business activity. Despite the challenges, the company has managed to sustain its operations and maintain financial stability, albeit at a lower revenue level than anticipated. Future Outlook Looking ahead, SchmidtStudios LTD aims to regain momentum by gradually resuming operations. Efforts will be made to rebuild client relationships, expand service offerings, and implement strategic marketing initiatives to recover from the setbacks of the past year. Acknowledgements As the sole director and employee of the company, I acknowledge the difficulties faced during the year and express gratitude to loyal clients and business partners for their understanding and continued support. With improved personal circumstances, the company looks forward to a more productive and successful year ahead. Approved by Jonatan Schmidt Director 31.03.2025

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
Jonatan Schmidt

This report was approved by the board of directors on 13 April 2025
And Signed On Behalf Of The Board By:

Name: Jonatan Schmidt
Status: Director

SCHMIDTSTUDIOS LTD

Profit and Loss Account

for the Period Ended 31 August 2024


2024
£

2023
£
Turnover 1,820 1,788
Cost of Materials ( 407 ) ( 41 )
Depreciation and Writeoffs ( 2,360 ) ( 2,360 )
Other charges ( 1,532 ) ( 3,294 )
Profit or (Loss) for Period ( 2,479 ) ( 3,907 )

SCHMIDTSTUDIOS LTD

Balance sheet

As at 31 August 2024


2024
£

2023
£
Called up share capital not paid: 1 1
Fixed Assets: 2,360
Creditors: amounts falling due within one year: ( 80 ) ( 0 )
Net current assets (liabilities): ( 80 ) 0
Total assets less current liabilities: ( 79 ) 2,361
Total net assets (liabilities): ( 79 ) 2,361
Capital and reserves: ( 79 ) 2,361

SCHMIDTSTUDIOS LTD

Balance sheet continued

For the year ending 31 August 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 13 April 2025
And Signed On Behalf Of The Board By:

Name: Jonatan Schmidt
Status: Director

The notes form part of these financial statements

SCHMIDTSTUDIOS LTD

Footnotes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Employee Information

    Average number of employees: 1

SCHMIDTSTUDIOS LTD

Footnotes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Off balance sheet disclosure

    No