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REGISTERED NUMBER: 12296573 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Costudio Ltd

Costudio Ltd (Registered number: 12296573)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Costudio Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: S M Doherty





REGISTERED OFFICE: C/o Dragon Argent
63 Bermondsey Street
London
SE1 3XF





REGISTERED NUMBER: 12296573 (England and Wales)





ACCOUNTANTS: Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF

Costudio Ltd (Registered number: 12296573)

Statement of Financial Position
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,663 8,394

CURRENT ASSETS
Debtors 5 128,127 89,000
Investments 6 10,724 5,047
Cash at bank 138,099 243,554
276,950 337,601
CREDITORS
Amounts falling due within one year 7 164,864 193,064
NET CURRENT ASSETS 112,086 144,537
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,749

152,931

CREDITORS
Amounts falling due after more than one
year

8

9,617

19,044
NET ASSETS 111,132 133,887

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 9 5,677 -
Retained earnings 105,454 133,886
111,132 133,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Costudio Ltd (Registered number: 12296573)

Statement of Financial Position - continued
30 November 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2025 and were signed by:





S M Doherty - Director


Costudio Ltd (Registered number: 12296573)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Costudio Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Tangible fixed assets are are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

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 (2023 - 1 ) .

Costudio Ltd (Registered number: 12296573)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2023 989 594 9,924 11,507
Additions - - 2,801 2,801
At 30 November 2024 989 594 12,725 14,308
DEPRECIATION
At 1 December 2023 572 274 2,267 3,113
Charge for year 104 80 2,348 2,532
At 30 November 2024 676 354 4,615 5,645
NET BOOK VALUE
At 30 November 2024 313 240 8,110 8,663
At 30 November 2023 417 320 7,657 8,394

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 117,420 85,000
Other debtors 10,707 4,000
128,127 89,000

6. CURRENT ASSET INVESTMENTS
30.11.24 30.11.23
£    £   
Listed investments 10,724 5,047

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 10,268 10,649
Trade creditors 2,847 2,700
Taxation and social security 65,123 94,772
Other creditors 86,626 84,943
164,864 193,064

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 9,617 19,044

Costudio Ltd (Registered number: 12296573)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

9. RESERVES
Revaluation
reserve
£   
P&L - movement of revaluation 5,677

At 30 November 2024 5,677

10. RELATED PARTY DISCLOSURES

Included in other creditors due within one year is an amount of £71,622 (2023: £63,622) owed to the director from the company. The loan is interest free and repayable on demand.