STUDIO SOMO LTD.

Company Registration Number:
SC542151 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

STUDIO SOMO LTD.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

STUDIO SOMO LTD.

Company Information

for the Period Ended 31 March 2025




Director: ROSS ALLAN
Secretary: ROSS ALLAN
Registered office: Cadder View
Balmore Road
Torrance
Glasgow
GB-SCT
G64 4AF
Company Registration Number: SC542151 (Scotland)

STUDIO SOMO LTD.

Balance sheet

As at 31 March 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 822 3,747
Total fixed assets: 822 3,747
Current assets
Debtors: 5 36 10,848
Cash at bank and in hand: 12,949 8,886
Total current assets: 12,985 19,734
Creditors: amounts falling due within one year: 6 ( 11,600 ) ( 16,973 )
Net current assets (liabilities): 1,385 2,761
Total assets less current liabilities: 2,207 6,508
Total net assets (liabilities): 2,207 6,508

The notes form part of these financial statements

STUDIO SOMO LTD.

Balance sheet continued

As at 31 March 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,107 6,408
Shareholders funds: 2,207 6,508

For the year ending 31 March 2025 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 applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 April 2025
And Signed On Behalf Of The Board By:

Name: ROSS ALLAN
Status: Director

The notes form part of these financial statements

STUDIO SOMO LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STUDIO SOMO LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 1 1

STUDIO SOMO LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 3. Off balance sheet disclosure

    No

STUDIO SOMO LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2024 12,432 12,432
Additions 1,095 1,095
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2025 13,527 13,527
Depreciation
At 01 April 2024 8,685 8,685
Charge for year 4,020 4,020
On disposals - -
Other adjustments - -
At 31 March 2025 12,705 12,705
Net book value
At 31 March 2025 822 822
At 31 March 2024 3,747 3,747

STUDIO SOMO LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Debtors


2025
£

2024
£
Trade debtors 36 10,848
Total 36 10,848

STUDIO SOMO LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

6.Creditors: amounts falling due within one year note


2025
£

2024
£
Trade creditors 159 3,183
Taxation and social security 9,833 12,331
Accruals and deferred income 1,608 1,459
Total 11,600 16,973