REGISTERED NUMBER: 10591751 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Studio 200 Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L Morgan

REGISTERED OFFICE:

26 Dorset Gardens

Rochford

Essex

SS4 3AH

REGISTERED NUMBER:

10591751 (England and Wales)

ACCOUNTANTS:

HCL Accountancy Limited

26 Dorset Gardens

Rochford

Essex

SS4 3AH

FIXED ASSETS

Intangible assets

4

1,183

-

Investments

5

100

117

1,283

117

CURRENT ASSETS

Debtors

6

161

25,391

Cash at bank

9,621

31,338

9,782

56,729

CREDITORS

Amounts falling due within one year

7

1,861

1,217

NET CURRENT ASSETS

7,921

55,512

TOTAL ASSETS LESS CURRENT LIABILITIES

9,204

55,629

CAPITAL AND RESERVES

Called up share capital

8

200

200

Revaluation reserve

9

(125

)

-

Retained earnings

9,129

55,429

SHAREHOLDERS' FUNDS

9,204

55,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 September 2025 and were signed by:

L Morgan - Director

1.	STATUTORY INFORMATION

Studio 200 Group 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Studio 200 Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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

Crypto currencies are initially measured at cost. Where an active market exists, crypto currencies are subsequently carried at a revalued amount, being fair value at the date of revaluation less any subsequent amortisation and impairment. Revaluations are made with sufficient regularity to ensure the carrying amount does not differ materially from fair value. Revaluation gains are recognised in other comprehensive income and accumulated in equity in the revaluation reserve, unless they reverse a revaluation decrease previously recognised in profit or loss.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST OR VALUATION

Additions

1,308

At 31 December 2024

1,308

AMORTISATION

Revaluation adjustments

125

At 31 December 2024

125

NET BOOK VALUE

At 31 December 2024

1,183

Cost or valuation at 31 December 2024 is represented by:

Other

intangible

assets

£

Cost

1,308

The company revalued crypto currencies to £1,183 on 31 December 2024 based on market valuation. The revaluation deficit of £125 has been recognised in other comprehensive income and accumulated in the revaluation reserve.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

117

Impairments

(17

)

At 31 December 2024

100

NET BOOK VALUE

At 31 December 2024

100

At 31 December 2023

117

Details of the company's subsidiaries as at 31 December 2024

Name of undertaking

Registered Office

Nature of Business

Class of shared held

% Held

COGS Agency Limited

UK

Recruitment consultancy services

Ordinary

90

COGS+ Limited

UK

Recruitment consultancy services

Ordinary

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

-

25,230

Other debtors

161

161

161

25,391

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

781

-

Other creditors

1,080

1,217

1,861

1,217

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

200

Ordinary

£1

200

200

9.

RESERVES

Revaluation

reserve

£

Other intangible assets

(125

)

At 31 December 2024

(125

)

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the L Morgan owed the company £161 included within other debtors due within one year.

11.	RELATED PARTY DISCLOSURES

12.	ULTIMATE CONTROLLING PARTY

The controlling party is L Morgan.