ASTROKID STUDIOS LTD

ASTROKID STUDIOS LTD
Statement of Financial Position
As at 31 May 2025

	2025
	£	£
Fixed assets		5,678
Current assets	2,610
Creditors: amount falling due within one year	(792)
Net current assets		1,818
Total assets less current liabilities		7,496
Creditors: amount falling due after more than one year		(2,257)
Net assets		5,239


Capital and reserves		5,239

NOTES TO THE ACCOUNTS

General Information

ASTROKID STUDIOS LTD is a private company, limited by shares, registered in England and Wales, registration number 15708066, registration address 83 ABBESS TERRACE, LOUGHTON, IG10 3FJ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

20% Straight Line

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 08 May 2024	-	-
Additions	6,629	6,629
Disposals	-	-
At 31 May 2025	6,629	6,629
Depreciation
At 08 May 2024	-	-
Charge for period	951	951
On disposals	-	-
At 31 May 2025	951	951
Net book values
Closing balance as at 31 May 2025	5,678	5,678
Opening balance as at 08 May 2024	-	-

3.	Average number of employees Average number of employees during the period was 0.

For the period ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 17 September 2025 and were signed by:

--------------------------------
JOSHUA METHVEN
Director


Registered Number: 15708066
England and Wales
ASTROKID STUDIOS LTD

Abridged Accounts

Period of accounts Start date: 08 May 2024 End date: 31 May 2025