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Registered number: 07004796
Keyframe Studios Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Quest Accounting Services Limited
Suite 106, The Pinnacle
170 Midsummer Boulevard
Milton Keynes
MK9 1BP
Keyframe Studios Ltd
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2
Notes to the Financial Statements | 3—5

Page 1
Keyframe Studios Ltd
Accountant's Report
For The Year Ended 31 August 2025
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Keyframe Studios Ltd for the year ended year which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the director of Keyframe Studios Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Keyframe Studios Ltd and state those matters that we have agreed to state to the director of Keyframe Studios Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that Keyframe Studios Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Keyframe Studios Ltd . You consider that Keyframe Studios Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Keyframe Studios Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Quest Accounting Services Limited
19th September 2025

Quest Accounting Services Limited
Suite 106, The Pinnacle
170 Midsummer Boulevard
Milton Keynes
MK9 1BP
Page 1
Page 2
Keyframe Studios Ltd
Balance Sheet
As At 31 August 2025
Balance Sheet
Registered number: 07004796

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 8,494 |  | 12,033
|  |  | 8,494 |  | 12,033
CURRENT ASSETS
Debtors | 5 | 56,042 |  | 63,284 |
Cash at bank and in hand |  | 15,109 |  | 38,773 |
|  | 71,151 |  | 102,057 |
Creditors: Amounts Falling Due Within One Year | 6 | (18,582 ) |  | (17,632 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 52,569 |  | 84,425
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 61,063 |  | 96,458
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (21,221 ) |  | (26,359 )
NET ASSETS |  |  | 39,842 |  | 70,099
CAPITAL AND RESERVES
Called up share capital | 8 |  | 1 |  | 1
Profit and Loss Account |  |  | 39,841 |  | 70,098
SHAREHOLDERS' FUNDS |  |  | 39,842 |  | 70,099

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Profit and Loss Account.
On behalf of the board

Mr Asa Movshovitz Director
19th September 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Keyframe Studios Ltd
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
Keyframe Studios Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07004796 . The registered office is 92 Cromer Street, London, WC1H 8DD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:

Plant & Machinery | 4 Years Straight Line

2.4. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 7)
5 7
Page 3
Page 4
Keyframe Studios Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 September 2024 | 86,828
As at 31 August 2025 | 86,828
Depreciation
As at 1 September 2024 | 74,795
Provided during the period | 3,539
As at 31 August 2025 | 78,334
Net Book Value
As at 31 August 2025 | 8,494
As at 1 September 2024 | 12,033

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 12,270 |  | 13,895
Other debtors | 32,833 |  | 32,833
Other debtors (1) | 10,920 |  | 5,150
Other taxes and social security | 19 |  | 11,406
| 56,042 |  | 63,284

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 5,749 |  | 5,749
VAT | 2,273 |  | 4,372
Other creditors | 662 |  | 231
Pension | 203 |  | 833
Other creditors (2) | 43 |  | 43
Director's loan account | 9,652 |  | 6,404
| 18,582 |  | 17,632

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 21,221 |  | 26,359

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

Page 4
Page 5
Keyframe Studios Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
9. Related Party Transactions
At the balance sheet date, the company owed £9,652 (2024: £6,404) to its director. The loan is interest free and unsecured.
10. Ultimate Controlling Party
The company's ultimate controlling party is Asa Movshovitz by virtue of his ownership of 100% of the issued share capital in the company.
Page 5