RAINLIGHT STUDIO LTD

Company Registration Number:
13580795 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

RAINLIGHT STUDIO LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

RAINLIGHT STUDIO LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 518,550 759,297
Tangible assets: 4 50,388 18,296
Total fixed assets: 568,938 777,593
Current assets
Debtors:   195,448 78,137
Cash at bank and in hand: 53,915 99,404
Total current assets: 249,363 177,541
Creditors: amounts falling due within one year:   (139,862) (279,452)
Net current assets (liabilities): 109,501 (101,911)
Total assets less current liabilities: 678,439 675,682
Creditors: amounts falling due after more than one year:   (467,779) (329,977)
Provision for liabilities:   (1,817)
Total net assets (liabilities): 210,660 343,888
Capital and reserves
Called up share capital: 600 600
Share premium account: 370,234 370,234
Profit and loss account: (160,174) (26,946)
Shareholders funds: 210,660 343,888

The notes form part of these financial statements

RAINLIGHT STUDIO LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Yorgo Lykourgiotis
Status: Director

The notes form part of these financial statements

RAINLIGHT STUDIO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the full consideration received or receivable for services provided in the normal course of business and is shown net of VAT. The revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably.

Tangible fixed assets and depreciation policy

Tangible assets are measured at cost and subsequently measured at cost, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost of the assets over their useful lives on the following bases: Fixtures and fittings 20% straight line Computer Equipment 25% straight line Motor Vehicles 25% reducing balance

Intangible fixed assets and amortisation policy

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Amortisation is recognised so as to write off the cost of the assets over their useful lives at the rate of 20% straight line basis.

RAINLIGHT STUDIO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

RAINLIGHT STUDIO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 1,265,493
Additions 15,440
At 31 December 2024 1,280,933
Amortisation
At 01 January 2024 506,196
Charge for year 256,187
At 31 December 2024 762,383
Net book value
At 31 December 2024 518,550
At 31 December 2023 759,297

RAINLIGHT STUDIO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 26,785
Additions 41,746
At 31 December 2024 68,531
Depreciation
At 01 January 2024 8,489
Charge for year 9,654
At 31 December 2024 18,143
Net book value
At 31 December 2024 50,388
At 31 December 2023 18,296

RAINLIGHT STUDIO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Loans to directors

Name of director receiving advance or credit: Yorgo Lykourgiotis
Description of the loan: Included within debtors is a loan to the director which is unsecured, interest free and repayable on demand.
£
Balance at 01 January 2024 0
Advances or credits made: 136,224
Balance at 31 December 2024 136,224