Company registration number: 08766255
Unaudited financial statements
for the year ended 31 December 2024
for
Studio Yes Ltd
Pages for filing with the Registrar
Company registration number: 08766255
Studio Yes Ltd
Balance sheet
as at 31 December 2024
31 Dec 24 31 Dec 23
Note £ £ £ £
Fixed assets
Intangible assets 4 340 340
Tangible assets 5 4,557 6,077
4,897 6,417
Current assets
Debtors 132,130 57,881
Cash at bank and in hand 35,809 148,454
167,939 206,335
Creditors: amounts falling due within one
year 		(254,875) (343,765)
Net current liabilities (86,936) (137,430)
Total assets less current liabilities (82,039) (131,013)
Creditors: Amounts falling due after more
than one year 		(4,403) (14,802)
NET LIABILITIES (86,442) (145,815)
Capital and reserves
Called up share capital 7 3
Share premium account 181,722 181,727
Profit and loss account (268,171) (327,545)
TOTAL EQUITY (86,442) (145,815)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08766255
Studio Yes Ltd
Balance sheet - continued
as at 31 December 2024
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 30 September 2025 and signed on its behalf by:
Mr B Cook, Director
30 September 2025
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Studio Yes Ltd
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
Studio Yes Ltd is a private company registered in England and Wales. Its registered number is 08766255. The company is limited by shares. Its registered office is Building 1000, Cambridge Research Park, Waterbeach, Cambridgeshire, CB25 9PD.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Patents and licences - are being amortised evenly over their estimated useful
life of nil years.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
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Studio Yes Ltd
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 5 (2023 - 4).
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 January 2024 340
At 31 December 2024 340
Amortisation
At 31 December 2024 -
Net book value
At 31 December 2024 340
At 31 December 2023 340
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2024 28,018
At 31 December 2024 28,018
Depreciation
At 1 January 2024 21,941
Charge for year 1,520
At 31 December 2024 23,461
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Studio Yes Ltd
Notes to the financial statements - continued
for the year ended 31 December 2024
5 Tangible fixed assets - continued
Net book value
At 31 December 2024 4,557
At 31 December 2023 6,077
6 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the periods ended 31 December 2024 and 31 December 2023.
31 Dec 24 31 Dec 23
£ £
S J Ojari
Balance outstanding at start of year - 33,855
Amounts advanced 226 -
Amounts repaid (236) (33,855)
Balance outstanding at end of year (10) -
31 Dec 24 31 Dec 23
£ £
Barnaby Cook
Balance outstanding at start of year - 33,823
Amounts advanced 69,924 12
Amounts repaid (72,495) (33,835)
Balance outstanding at end of year (2,571) -
7 Related party transactions
During the period, the company borrowed monies from Auspicious Holdings Ltd, a company controlling Studio Yes Ltd. At 31 December 2024, the loan had an outstanding balance of £91,749.

During the period, the company borrowed monies from Auspicious Global Ltd, a company under the same control of Auspicious Holdings Ltd. At 31 December 2024, the loan had an outstanding balance of £13,323.
8 Controlling party
At the balance sheet date, the company's ultimate controlling party is Auspicious Holdings Ltd by virtue of their ownership of 70% of the issued share capital in the company.

Auspicious Holdings Ltd is incorporated in England and Wales (registered number: 15863149) with registered offices at Building 1000 Cambridge Research Park, Waterbeach, England, CB25 9PD. The consolidated financial statements of Auspicious Holdings Ltd are publicly available from the registered offices.
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