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REGISTERED NUMBER: 12800797 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

SIZZLE STUDIOS LIMITED

SIZZLE STUDIOS LIMITED (REGISTERED NUMBER: 12800797)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Balance sheet 1

Notes to the financial statements 2


SIZZLE STUDIOS LIMITED (REGISTERED NUMBER: 12800797)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 27,196 19,894

Current assets
Debtors 5 12,902 30,266
Cash at bank 2,638 992
15,540 31,258
Creditors
Amounts falling due within one year 6 115,855 23,942
Net current (liabilities)/assets (100,315 ) 7,316
Total assets less current liabilities (73,119 ) 27,210

Capital and reserves
Called up share capital 8 100 100
Retained earnings (73,219 ) 27,110
Shareholders' funds (73,119 ) 27,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2025 and were signed by:





Mr M Alexander - Director


SIZZLE STUDIOS LIMITED (REGISTERED NUMBER: 12800797)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. Statutory information

Sizzle Studios Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12800797. The registered office is 7 & 8 Church Street, Wimborne, Dorset, England, BH21 1JH and business address is 23 Hubbards Chase, Hornchurch, Essex, RM11 3DD.

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.

The Company has made a loss during the year and has a deficiency of assets at the year end of £73,119. The Company is dependent upon the continued support of its director and external lenders. The directors have confirmed their support of the Company over the next 12 months, in order that it can meet its day to day working capital requirements

Turnover
Turnover represents amounts receivable, net of VAT and trade discounts, for the provision of filming and video services.

Tangible fixed assets
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 balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 2 ) .

SIZZLE STUDIOS LIMITED (REGISTERED NUMBER: 12800797)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


4. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 September 2023 37,208 - - 37,208
Additions 10,058 333 5,976 16,367
At 31 August 2024 47,266 333 5,976 53,575
Depreciation
At 1 September 2023 17,314 - - 17,314
Charge for year 7,488 84 1,493 9,065
At 31 August 2024 24,802 84 1,493 26,379
Net book value
At 31 August 2024 22,464 249 4,483 27,196
At 31 August 2023 19,894 - - 19,894

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 9,042 25,111
Other debtors 2,410 5,155
Prepayments and accrued income 1,450 -
12,902 30,266

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 685 -
Tax - 2,805
Social security and other taxes 3,724 794
Net wages 7,767 1,554
VAT 2,456 -
Other creditors 22,394 3,397
Directors' current accounts 72,305 15,392
Accruals and deferred income 6,524 -
115,855 23,942

7. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 7,250 -

SIZZLE STUDIOS LIMITED (REGISTERED NUMBER: 12800797)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. Ultimate controlling party

The Company is under the control of the Director, by virtue of their 100% holding of the issued voting share capital of the Company.

10. First year adoption

These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A small entities. The date of transition is 1 September 2022.

The transition to FRS102 Section 1A small entities has resulted in a small number of changes in accounting policies to those previously used.

The nature of these changes and their impact on opening equity and profit, where applicable, is detailed in the notes to these financial statements.