REGISTERED NUMBER: 09353594 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

OBJEKT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Frank

A Kempner

REGISTERED OFFICE:

Unit LG09

The Print Rooms

164-180 Union Street

London

SE1 0LH

REGISTERED NUMBER:

09353594 (England and Wales)

ACCOUNTANTS:

Gravita

Bath House

6-8 Bath Street

Bristol

BS1 6HL

FIXED ASSETS

Tangible assets

4

3,580

14,197

CURRENT ASSETS

Debtors

5

134,714

240,009

Cash at bank

88,254

121,922

222,968

361,931

CREDITORS

Amounts falling due within one year

6

(111,429

)

(242,829

)

NET CURRENT ASSETS

111,539

119,102

TOTAL ASSETS LESS CURRENT LIABILITIES

115,119

133,299

CREDITORS

Amounts falling due after more than one year

7

(9,617

)

(19,884

)

NET ASSETS

105,502

113,415

CAPITAL AND RESERVES

Called up share capital

1

1

Share premium

295,000

295,000

Retained earnings

(189,499

)

(181,586

)

SHAREHOLDERS' FUNDS

105,502

113,415

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

B Frank - Director

1.	COMPANY INFORMATION

Objekt 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 principle activity of the company in the year under review was that of making film and video content for brands and creating content for Objekt's social media channels.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006. The financial statements have been prepared on the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year ended 31 December 2024 and derives from the provision of services falling within the company's ordinary activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings and equipment

-

33% on cost

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

and

equipment

£

COST

At 1 January 2024

83,320

Additions

1,948

At 31 December 2024

85,268

DEPRECIATION

At 1 January 2024

69,123

Charge for year

12,565

At 31 December 2024

81,688

NET BOOK VALUE

At 31 December 2024

3,580

At 31 December 2023

14,197

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

71,862

171,617

Other debtors

10,672

11,891

Directors' current accounts

141

141

Prepayments and accrued income

52,039

56,360

134,714

240,009

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,268

10,015

Trade creditors

47,433

27,868

Social security and other taxes

6,575

21,219

VAT

21,511

63,820

Other creditors

5,808

7,253

Directors' current accounts

1,954

1,954

Accruals and deferred income

17,880

110,700

111,429

242,829

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

9,617

10,269

Bank loans - 2-5 years

-

9,615

9,617

19,884