REGISTERED NUMBER: |
Studio Hamburg UK Limited |
Financial Statements |
for the Year Ended 31st December 2024 |
REGISTERED NUMBER: |
Studio Hamburg UK Limited |
Financial Statements |
for the Year Ended 31st December 2024 |
Studio Hamburg UK Limited (Registered number: 10258150) |
Contents of the Financial Statements |
for the Year Ended 31st December 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Studio Hamburg UK Limited |
Company Information |
for the Year Ended 31st December 2024 |
Directors: |
Registered office: |
Registered number: |
Auditors: |
Accountants & Statutory Auditor |
4th Floor |
100 Fenchurch Street |
London |
EC3M 5JD |
Accountants: |
4th Floor |
100 Fenchurch Street |
London |
EC3M 5JD |
Studio Hamburg UK Limited (Registered number: 10258150) |
Statement of Financial Position |
31st December 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 5 |
Investments | 6 |
Current assets |
Debtors | 7 |
Cash at bank |
Creditors |
Amounts falling due within one year | 8 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
Retained earnings |
The financial statements were approved by the Board of Directors and authorised for issue on |
Studio Hamburg UK Limited (Registered number: 10258150) |
Notes to the Financial Statements |
for the Year Ended 31st December 2024 |
1. | Statutory information |
Studio Hamburg UK Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Studio Hamburg UK Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 401 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Studio Hamburg GmbH, Jenfelder Allee 80 22045, Hamburg, Germany. |
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 |
Fixtures and fittings | - |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
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. |
Studio Hamburg UK Limited (Registered number: 10258150) |
Notes to the Financial Statements - continued |
for the Year Ended 31st December 2024 |
2. | Accounting policies - continued |
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 year was |
4. | Auditors' remuneration |
2024 | 2023 |
£ | £ |
Fees payable to the company's auditors for the audit of the company's financial statements |
7,000 |
7,000 |
5. | Tangible fixed assets |
Fixtures |
and |
fittings |
£ |
Cost |
At 1st January 2024 |
and 31st December 2024 |
Depreciation |
At 1st January 2024 |
and 31st December 2024 |
Net book value |
At 31st December 2024 |
At 31st December 2023 |
6. | Fixed asset investments |
Shares in | Interest |
group | in joint |
undertakings | venture | Totals |
£ | £ | £ |
Cost |
At 1st January 2024 | 150 |
Additions | 100 |
At 31st December 2024 | 250 |
Net book value |
At 31st December 2024 | 250 |
At 31st December 2023 | 150 |
Studio Hamburg UK Limited (Registered number: 10258150) |
Notes to the Financial Statements - continued |
for the Year Ended 31st December 2024 |
6. | Fixed asset investments - continued |
The company's investments at the Statement of Financial Position date in the share capital of companies include the following: |
Subsidiaries |
Registered office: 41-42 Eastcastle Street, London, W1W 8DU |
Nature of business: |
% |
Class of shares: | holding |
Registered office: 41-42 Eastcastle Street, London, W1W 8DU |
Nature of business: |
% |
Class of shares: | holding |
Joint venture |
Registered office: 5th Floor, 41-42 Eastcastle Street, London, W1W 8DU |
Nature of business: |
% |
Class of shares: | holding |
7. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Amounts owed by joint ventures |
Other debtors |
8. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
Studio Hamburg UK Limited (Registered number: 10258150) |
Notes to the Financial Statements - continued |
for the Year Ended 31st December 2024 |
9. | Leasing agreements |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2024 | 2023 |
£ | £ |
Within one year |
Between one and five years |
10. | Disclosure under Section 444(5B) of the Companies Act 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
11. | Related party disclosures |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
12. | Ultimate controlling party |
The immediate parent company Studio Hamburg Production Group which is a subsidiary of Studio Hamburg Gmbh. The ultimate parent company is NDR, incorporated in Germany, whose registered office address is Jenfelder Allee 80 22045, Hamburg, Germany. The directors are of the opinion that there is no individual ultimate controlling party. |