Company Registration No. 10435875 (England and Wales)
Studio Pow Limited
Annual report and unaudited accounts (Amended)
for the year ended 30 October 2024
Studio Pow Limited
Annual report and unaudited accounts (Amended)
Contents
Studio Pow Limited
Company Information
for the year ended 30 October 2024
Director
Perry Colin Trevers
Company Number
10435875 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
Accountants
Simon Kramer
The Townhouse
114-116 Fore Street
Hertford
Hertfordshire
SG14 1AJ
Studio Pow Limited
Statement of financial position
as at 30 October 2024
Intangible assets
432,802
372,802
Tangible assets
480,590
92,512
Debtors
23,150,709
15,540,362
Cash at bank and in hand
51,349
537,699
Creditors: amounts falling due within one year
(15,793,824)
(2,246,328)
Net current assets
7,408,234
13,831,733
Total assets less current liabilities
8,321,626
14,297,047
Creditors: amounts falling due after more than one year
(8,719,237)
(13,913,405)
Net (liabilities)/assets
(397,611)
383,642
Called up share capital
1,978
1,978
Share premium
1,344,620
1,344,620
Profit and loss account
(1,744,209)
(962,956)
Shareholders' funds
(397,611)
383,642
For the year ending 30 October 2024 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 director acknowledges his 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 and authorised for issue on 29 July 2025 and were signed on its behalf by
Perry Colin Trevers
Director
Company Registration No. 10435875
Studio Pow Limited
Notes to the Accounts
for the year ended 30 October 2024
Studio Pow Limited is a private company, limited by shares, registered in England and Wales, registration number 10435875. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Intangible fixed assets (including computer software, licences, trademarks, patents, films, copyrights and purchased goodwill) are defined as identifiable non-monetary assets without physical substance and are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 31 October 2023
569,959
At 30 October 2024
569,959
At 31 October 2023
197,157
Other increase/(decrease)
(60,000)
At 30 October 2024
137,157
At 30 October 2024
432,802
At 30 October 2023
372,802
Studio Pow Limited
Notes to the Accounts
for the year ended 30 October 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 31 October 2023
16,624
77,629
30,672
124,925
Additions
-
356,908
27,469
384,377
At 30 October 2024
16,624
434,537
58,141
509,302
At 31 October 2023
16,624
4,493
11,296
32,413
Charge for the year
-
(3,701)
-
(3,701)
At 30 October 2024
16,624
792
11,296
28,712
At 30 October 2024
-
433,745
46,845
480,590
At 30 October 2023
-
73,136
19,376
92,512
Amounts falling due within one year
Trade debtors
12,955,496
11,236,536
Amounts due from group undertakings etc.
3,625,320
-
Accrued income and prepayments
-
25,600
Other debtors
6,569,893
4,278,226
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,712,688
68,522
Taxes and social security
352,970
78,282
Other creditors
3,694,101
1,387,376
Loans from directors
(7,946)
-
Accruals
(922,566)
(920,284)
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
8,471,737
13,913,405
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).