REGISTERED NUMBER: 05013841 (England and Wales)

KATIE MCCRUM STUDIO LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs K McCrum

REGISTERED OFFICE:

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SR

REGISTERED NUMBER:

05013841 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

4

9,487

9,452

CURRENT ASSETS

Stocks

24,000

35,000

Debtors

5

64,315

43,847

Cash at bank

36,119

44,912

124,434

123,759

CREDITORS

Amounts falling due within one year

6

(42,907

)

(30,011

)

NET CURRENT ASSETS

81,527

93,748

TOTAL ASSETS LESS CURRENT LIABILITIES

91,014

103,200

PROVISIONS FOR LIABILITIES

(1,800

)

(1,300

)

NET ASSETS

89,214

101,900

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

89,112

101,798

SHAREHOLDERS' FUNDS

89,214

101,900

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 her 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 8 August 2025 and were signed by:

Mrs K McCrum - Director

1.	STATUTORY INFORMATION

Katie McCrum Studio 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.

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

-

20% on reducing balance

Fixture & Fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Fixture &

Computer

machinery

Fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

6,115

3,832

17,818

27,765

Additions

-

1,952

1,048

3,000

At 31 March 2025

6,115

5,784

18,866

30,765

DEPRECIATION

At 1 April 2024

2,398

3,386

12,529

18,313

Charge for year

782

599

1,584

2,965

At 31 March 2025

3,180

3,985

14,113

21,278

NET BOOK VALUE

At 31 March 2025

2,935

1,799

4,753

9,487

At 31 March 2024

3,717

446

5,289

9,452

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

36,482

2

Other debtors

27,833

43,845

64,315

43,847

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

19,319

8,800

Taxation and social security

20,920

20,536

Other creditors

2,668

675

42,907

30,011