REGISTERED NUMBER: 07177938 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

The Baby Studio Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mr D A Walsh

Mrs T K Walsh

SECRETARY:

Mrs T K Walsh

REGISTERED OFFICE:

3c Dreadnought Trading Estate

Bridport

Dorset

DT6 5BU

REGISTERED NUMBER:

07177938 (England and Wales)

FIXED ASSETS

Intangible assets

4

4,000

8,000

Tangible assets

5

-

38

4,000

8,038

CURRENT ASSETS

Stocks

30,035

30,548

Debtors

6

-

2,187

30,035

32,735

CREDITORS

Amounts falling due within one year

7

(58,262

)

(65,250

)

NET CURRENT LIABILITIES

(28,227

)

(32,515

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,227

)

(24,477

)

CREDITORS

Amounts falling due after more than one year

8

(15,214

)

(13,588

)

NET LIABILITIES

(39,441

)

(38,065

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(39,443

)

(38,067

)

SHAREHOLDERS' FUNDS

(39,441

)

(38,065

)

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr D A Walsh - Director

1.	STATUTORY INFORMATION

The Baby Studio 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life;

Plant & machinery - 33% straight line

Fixtures & fittings - 33% straight line

Computer equipment - 33% straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The company currently meets its daily working capital requirements through operating revenues and financial support from Investors.

On this basis, the directors consider it appropriate to prepare the accounts on the going concern basis. The accounts do not include any adjustments that would result from the failure to raise any additional finance that may prove necessary.

Fixed assets

All fixed assets are initially recorded at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

40,000

AMORTISATION

At 1 April 2024

32,000

Charge for year

4,000

At 31 March 2025

36,000

NET BOOK VALUE

At 31 March 2025

4,000

At 31 March 2024

8,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

8,872

DEPRECIATION

At 1 April 2024

8,834

Charge for year

38

At 31 March 2025

8,872

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

38

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

2,187

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13,316

19,648

Taxation and social security

131

(20

)

Other creditors

44,815

45,622

58,262

65,250

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

15,214

13,588