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Company Registration No. 10531502 (England and Wales)
Demisemiquaver Studio Ltd Unaudited accounts for the year ended 31 December 2024
Demisemiquaver Studio Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Demisemiquaver Studio Ltd Company Information for the year ended 31 December 2024
Director
Tzu Hsuan Chou
Company Number
10531502 (England and Wales)
Registered Office
APARTMENT 806 4 MERCHANT SQUARE EAST LONDON W2 1AN ENGLAND
Accountants
Tax Return Accountants Ltd 26 Spinning Wheelway Hackbridge Wallington GB SM6 7DS
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Demisemiquaver Studio Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
200,910
200,992
Current assets
Cash at bank and in hand
32,485
32,299
Creditors: amounts falling due within one year
5
(1,150)
(1,150)
Net current assets
31,335
31,149
Total assets less current liabilities
232,245
232,141
Creditors: amounts falling due after more than one year
6
(238,018)
(246,375)
Net liabilities
(5,773)
(14,234)
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
(5,873)
(14,334)
Shareholders' funds
(5,773)
(14,234)
For the year ending 31 December 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 her 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 16 September 2025 and were signed on its behalf by
Tzu Hsuan Chou Director Company Registration No. 10531502
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Demisemiquaver Studio Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Demisemiquaver Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 10531502. The registered office is APARTMENT 806 4 MERCHANT SQUARE EAST, LONDON, W2 1AN, 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.
3
Accounting policies
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.
Basis of preparation
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that: - The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and - Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Going concern
The director acknowledges the latest guidance on going concern. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of twelve months from the date of approval of the financial statements and, therefore, She continues to adopt the going concern basis in preparing the annual financial statements.
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Demisemiquaver Studio Ltd Notes to the Accounts for the year ended 31 December 2024
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%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2024
200,666
1,719
202,385
At 31 December 2024
200,666
1,719
202,385
Depreciation
At 1 January 2024
-
1,393
1,393
Charge for the year
-
82
82
At 31 December 2024
-
1,475
1,475
Net book value
At 31 December 2024
200,666
244
200,910
At 31 December 2023
200,666
326
200,992
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
1,150
1,150
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Loans from directors
238,018
246,375
7
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).
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