Atom Studio Ltd - Filleted accounts

Registered number

09381059

Atom Studio Ltd

Unaudited Filleted Accounts

31 January 2025

Atom Studio Ltd
Registered number:		09381059
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,270			5,073

Current assets
Debtors	4	69,583			69,838
Cash at bank and in hand		10,173			12,715
		79,756			82,553

Creditors: amounts falling due within one year	5	(42,662)			(42,918)

Net current assets			37,094			39,635

Total assets less current liabilities			40,364			44,708

Creditors: amounts falling due after more than one year	6		(1,471)			(3,469)

Provisions for liabilities			(621)			(964)


Net assets			38,272			40,275

Capital and reserves
Called up share capital			200			200
Profit and loss account			38,072			40,075

Shareholders' funds			38,272			40,275

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs C Shaw
Director
Approved by the board on 1 September 2025

Atom Studio Ltd
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 4 years

	Debtors and creditors receivable/payable within one year
	Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 February 2024							21,057
	Additions							2,321
	Disposals							(2,644)
	At 31 January 2025							20,734

	Depreciation
	At 1 February 2024							15,984
	Charge for the year							3,803
	On disposals							(2,323)
	At 31 January 2025							17,464

	Net book value
	At 31 January 2025							3,270
	At 31 January 2024							5,073


4	Debtors					2025		2024
£							£

	Trade debtors					9,630		11,174
	Other debtors					59,953		58,664
						69,583		69,838


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					2,029		2,030
	Trade creditors					292		588
	Taxation and social security costs					12,495		12,448
	Other creditors					27,846		27,852
						42,662		42,918


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					1,471		3,469


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Director
	Interest charged at HMRC's official rate, repayble on demand	28,458		26,350		(29,048)		25,760

	Director
	Interest charged at HMRC's official rate, repayble on demand	28,458		26,350		(29,048)		25,760

		56,916		52,700		(58,096)		51,520


8	Other information

	Atom Studio Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	Queensgate House
	Exeter
	Devon
	EX4 3SR