Company Registration No. 08812265 (England and Wales)
TEN 87 STUDIOS LTD
Unaudited accounts
for the year ended 30 April 2025
TEN 87 STUDIOS LTD
Unaudited accounts
Contents
TEN 87 STUDIOS LTD
Company Information
for the year ended 30 April 2025
Directors
Robert William Burn
Romy Quinnen
Company Number
08812265 (England and Wales)
Registered Office
UNIT 27 STATION HILL
THURSTON
BURY ST. EDMUNDS
SUFFOLK
IP31 3QU
ENGLAND
Accountants
ABBEYGATE ACCOUNTANCY LTD
UNIT 27 STATION HILL
THURSTON
BURY ST. EDMUNDS
ENGLAND
IP31 3QU
TEN 87 STUDIOS LTD
Statement of financial position
as at 30 April 2025
Intangible assets
6,220
5,507
Tangible assets
517,048
440,531
Cash at bank and in hand
108,704
157,114
Creditors: amounts falling due within one year
(372,601)
(284,983)
Net current liabilities
(164,502)
(16,360)
Total assets less current liabilities
358,766
429,678
Creditors: amounts falling due after more than one year
(53,008)
(113,948)
Provisions for liabilities
Deferred tax
(129,937)
(83,701)
Net assets
175,821
232,029
Called up share capital
42,700
42,700
Profit and loss account
133,121
189,329
Shareholders' funds
175,821
232,029
For the year ending 30 April 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 4 August 2025 and were signed on its behalf by
Robert William Burn
Director
Company Registration No. 08812265
TEN 87 STUDIOS LTD
Notes to the Accounts
for the year ended 30 April 2025
TEN 87 STUDIOS LTD is a private company, limited by shares, registered in England and Wales, registration number 08812265. The registered office is UNIT 27 STATION HILL, THURSTON, BURY ST. EDMUNDS, SUFFOLK, IP31 3QU, 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.
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:
Plant & machinery
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
15 % Straight Line Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
TEN 87 STUDIOS LTD
Notes to the Accounts
for the year ended 30 April 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
683,681
84,390
318,838
1,086,909
Additions
117,952
37,356
27,633
182,941
At 30 April 2025
801,633
121,746
346,471
1,269,850
At 1 May 2024
499,118
37,321
109,939
646,378
Charge for the year
48,352
12,808
45,264
106,424
At 30 April 2025
547,470
50,129
155,203
752,802
At 30 April 2025
254,163
71,617
191,268
517,048
At 30 April 2024
184,563
47,069
208,899
440,531
Amounts falling due within one year
Trade debtors
18,707
33,961
Accrued income and prepayments
20,535
17,395
Other debtors
60,153
60,153
TEN 87 STUDIOS LTD
Notes to the Accounts
for the year ended 30 April 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
41,721
39,122
Obligations under finance leases and hire purchase contracts
7,934
20,428
Trade creditors
116,243
21,787
Taxes and social security
1,894
1,788
Other creditors
156,918
145,914
Loans from directors
40
97
Deferred income
16,378
28,356
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
12,734
Taxes and social security
-
6,485
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).