REGISTERED NUMBER: 03113374 (England and Wales)

Research Studios Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

N S Brody

Registered office:

94 Islington High Street

London

N1 8EG

Registered number:

03113374 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

22,992

21,713

Current assets

Debtors

5

15,444

33,802

Cash at bank

144,408

302,665

159,852

336,467

Creditors

Amounts falling due within one year

6

51,674

118,750

Net current assets

108,178

217,717

Total assets less current liabilities

131,170

239,430

Creditors

Amounts falling due after more than one year

7

2,500

12,500

Net assets

128,670

226,930

Capital and reserves

Called up share capital

8

100

100

Retained earnings

9

128,570

226,830

Shareholders' funds

128,670

226,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

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

N S Brody - Director

1.	Statutory information

Research Studios Limited 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on reducing balance

Fixtures and fittings

-

15% 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.

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.

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 6 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

33,195

15,009

30,973

79,177

Additions

-

-

7,511

7,511

At 31 March 2025

33,195

15,009

38,484

86,688

Depreciation

At 1 April 2024

29,615

15,009

12,840

57,464

Charge for year

537

-

5,695

6,232

At 31 March 2025

30,152

15,009

18,535

63,696

Net book value

At 31 March 2025

3,043

-

19,949

22,992

At 31 March 2024

3,580

-

18,133

21,713

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

-

12,425

Other debtors

15,444

21,377

15,444

33,802

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

1,395

33,322

Taxation and social security

-

2,108

Other creditors

40,279

73,320

51,674

118,750

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

2,500

12,500

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.

Reserves

Retained

earnings

£

At 1 April 2024

226,830

Profit for the year

27,972

Dividends

(126,232

)

At 31 March 2025

128,570

10.	Related party disclosures

Included within other creditors at year-end is a balance of £21,830 (2024: £20,769) owed to the company director.