Method Studio Architecture Ltd

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—4

Registered number: 09382633

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,776		4,054
Tangible Assets	5		2,335		6,559

			4,111		10,613
CURRENT ASSETS
Debtors	6	101,618		92,388

		101,618		92,388
Creditors: Amounts Falling Due Within One Year	7	(87,993 )		(77,905 )

NET CURRENT ASSETS (LIABILITIES)			13,625		14,483

TOTAL ASSETS LESS CURRENT LIABILITIES			17,736		25,096

Creditors: Amounts Falling Due After More Than One Year	8		(20,866 )		(24,659 )

NET (LIABILITIES)/ASSETS			(3,130 )		437

CAPITAL AND RESERVES
Called up share capital	9		2		2
Income Statement			(3,132 )		435

SHAREHOLDERS' FUNDS			(3,130)		437

For the year ending 31 January 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Isaak Jackson

Director

23 September 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Method Studio Architecture Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09382633 . The registered office is Suite 2a, 7th Floor, City Reach, 5 Greenwich View Place, London, E14 9NN. The company's previous name was Method Studio London Ltd.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for the foreseeable future.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Website Design. It is amortised to the income statement over its estimated economic life of five years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% Straight Line Basis

2.6. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.

2.7. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

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Method Studio Architecture Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

2.9. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

2.10. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 7)

4. Intangible Assets

	Other
	£
Cost
As at 1 February 2024	11,389

As at 31 January 2025	11,389

Amortisation
As at 1 February 2024	7,335
Provided during the period	2,278

As at 31 January 2025	9,613

Net Book Value
As at 31 January 2025	1,776

As at 1 February 2024	4,054

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 February 2024	30,670
Additions	396
Disposals	(6,449 )

As at 31 January 2025	24,617

Depreciation
As at 1 February 2024	24,111
Provided during the period	3,800
Disposals	(5,629 )

As at 31 January 2025	22,282

Net Book Value
As at 31 January 2025	2,335

As at 1 February 2024	6,559

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Method Studio Architecture Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,528	4,054
Other debtors	1,889	2,843
Corporation tax recoverable assets	24,332	21,630
Directors' loan accounts	71,869	63,861

	101,618	92,388

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	908	2,319
Bank loans and overdrafts	22,331	21,637
Corporation tax	8,269	22,526
Other taxes and social security	10,870	2,617
VAT	44,083	26,301
Other creditors	1,532	2,505

	87,993	77,905

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	20,866	24,659

On 12 May 2020, the company obtained an unsecured Bounce Back Loan from Lloyds Bank plc in the sum of £36,000. The loan is repayable over 120 months on a fixed interest rate of 2.5% from the date of the drawdown.

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

10. Directors Advances, Credits and Guarantees

During the year, the directors were advanced £16,278 and repaid £8,271. Interest at the approved HMRC rate has been applied to the loan and repaid to the company. The balance at the year end is £71,869 (2024: 63,861)

11. Ultimate Controlling Party

The company has no ultimate controlling party, as each director holds 50% of the issued share capital in the company.

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