Company Registration No. 12076243 (England and Wales)
Sarah Denise Studio Ltd
Unaudited accounts
for the year ended 31 July 2025
Sarah Denise Studio Ltd
Unaudited accounts
Contents
Sarah Denise Studio Ltd
Company Information
for the year ended 31 July 2025
Director
Sarah Denise Cordery
Company Number
12076243 (England and Wales)
Registered Office
55 Allerton Road
Woolton
Liverpool
L25 6RE
England
Accountants
Whyatt Accountancy
1 Aysgarth Avenue
Romiley
Stockport
Cheshire
SK6 4PX
Sarah Denise Studio Ltd
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
12,124
12,010
Creditors: amounts falling due within one year
(4,844)
(3,110)
Net current assets
17,244
13,378
Total assets less current liabilities
18,007
13,888
Creditors: amounts falling due after more than one year
-
(1,928)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
17,861
11,862
Shareholders' funds
17,862
11,863
For the year ending 31 July 2025 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 19 September 2025 and were signed on its behalf by
Sarah Denise Cordery
Director
Company Registration No. 12076243
Sarah Denise Studio Ltd
Notes to the Accounts
for the year ended 31 July 2025
Sarah Denise Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 12076243. The registered office is 55 Allerton Road, Woolton, Liverpool, L25 6RE, 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.
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.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
over 3-5 years straight line basis
Fixtures & fittings
over 3-5 years straight line basis
Computer equipment
over 3-5 years straight line basis
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Sarah Denise Studio Ltd
Notes to the Accounts
for the year ended 31 July 2025
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
2,429
491
6,137
9,057
At 31 July 2025
2,429
491
6,704
9,624
At 1 August 2024
2,368
296
5,883
8,547
Charge for the year
59
63
192
314
At 31 July 2025
2,427
359
6,075
8,861
At 31 July 2025
2
132
629
763
At 31 July 2024
61
195
254
510
Amounts falling due within one year
Accrued income and prepayments
87
3,539
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,928
2,054
Taxes and social security
1,383
190
Loans from directors
131
-
No security has been granted for the bank loans at 31 July 2025 (31 July 2024: none).
Sarah Denise Studio Ltd
Notes to the Accounts
for the year ended 31 July 2025
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).