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Company Registration No. 12027060 (England and Wales)
That Product Studio Ltd Unaudited accounts for the year ended 31 May 2025
That Product Studio Ltd Unaudited accounts Contents
Page
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That Product Studio Ltd Company Information for the year ended 31 May 2025
Directors
Andrew Birdsall Julien Cook
Company Number
12027060 (England and Wales)
Registered Office
405 Lantana Heights Glasshouse Gardens London E20 1HR England
Accountants
Integritax Accountants Ltd 68 Yardley Road Acocks Green Birmingham B27 6LG
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That Product Studio Ltd Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,936 
1,437 
Current assets
Debtors
6,343 
43,308 
Cash at bank and in hand
146,535 
12,072 
152,878 
55,380 
Creditors: amounts falling due within one year
(79,758)
(28,204)
Net current assets
73,120 
27,176 
Total assets less current liabilities
77,056 
28,613 
Creditors: amounts falling due after more than one year
(23,104)
(28,512)
Net assets
53,952 
101 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
53,852 
1 
Shareholders' funds
53,952 
101 
For the year ending 31 May 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by
Andrew Birdsall Director Company Registration No. 12027060
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That Product Studio Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
That Product Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 12027060. The registered office is 405 Lantana Heights Glasshouse Gardens, London, E20 1HR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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That Product Studio Ltd Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2024
774 
9,994 
10,768 
Additions
- 
4,082 
4,082 
At 31 May 2025
774 
14,076 
14,850 
Depreciation
At 1 June 2024
774 
8,557 
9,331 
Charge for the year
- 
1,583 
1,583 
At 31 May 2025
774 
10,140 
10,914 
Net book value
At 31 May 2025
- 
3,936 
3,936 
At 31 May 2024
- 
1,437 
1,437 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
5,850 
34,157 
Other debtors
493 
9,151 
6,343 
43,308 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
6,346 
6,496 
VAT
30,713 
6,171 
Taxes and social security
40,242 
15,537 
Loans from directors
2,457 
- 
79,758 
28,204 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
23,104 
28,512 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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