ANIMATE & CREATE STUDIOS LIMITED

Company Registration Number:
07199458 (England and Wales)

Unaudited abridged accounts for the year ended 30 December 2024

Period of accounts

Start date: 31 December 2023

End date: 30 December 2024

ANIMATE & CREATE STUDIOS LIMITED

Contents of the Financial Statements

for the Period Ended 30 December 2024

Balance sheet
Notes

ANIMATE & CREATE STUDIOS LIMITED

Balance sheet

As at 30 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 143,686 97,564
Total fixed assets: 143,686 97,564
Current assets
Debtors:   318,699 238,283
Cash at bank and in hand: 275,101 62,928
Total current assets: 593,800 301,211
Creditors: amounts falling due within one year:   (219,798) (64,960)
Net current assets (liabilities): 374,002 236,251
Total assets less current liabilities: 517,688 333,815
Total net assets (liabilities): 517,688 333,815
Capital and reserves
Called up share capital: 101 101
Profit and loss account: 517,587 333,714
Shareholders funds: 517,688 333,815

The notes form part of these financial statements

ANIMATE & CREATE STUDIOS LIMITED

Balance sheet statements

For the year ending 30 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 March 2025
and signed on behalf of the board by:

Name: DP RICHARDS
Status: Director

The notes form part of these financial statements

ANIMATE & CREATE STUDIOS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2024

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows Equipment 15 reducing balance basis Leasehold Improvements 10 straight line basis Motor Vehicles 25 reducing balance basis

ANIMATE & CREATE STUDIOS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2024

2. Employees

2024 2023
Average number of employees during the period 7 11

ANIMATE & CREATE STUDIOS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2024

3. Tangible Assets

Total
Cost £
At 31 December 2023 205,363
Additions 82,393
At 30 December 2024 287,756
Depreciation
At 31 December 2023 107,799
Charge for year 36,271
At 30 December 2024 144,070
Net book value
At 30 December 2024 143,686
At 30 December 2023 97,564