7177166falsethat of architects, all of which is carried out within the United Kingdom2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 7177166
STUDIO SEVERN ARCHITECTS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
STUDIO SEVERN ARCHITECTS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
Peter John Frith
REGISTERED OFFICE
PARKSIDE HOLYHEAD ROAD
BONINGALE
NR ALBRIGHTON
SHROPSHIRE
WV7 3DA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 7177166
BANKERS
LLOYDS BANK plc
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
STUDIO SEVERN ARCHITECTS LIMITED
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
STUDIO SEVERN ARCHITECTS LIMITED
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets319,69812,792
CURRENT ASSETS
Debtors416,37715,726
Cash at bank and in hand104,71888,315
121,095104,041
CREDITORS: Amounts falling due within one year584,42182,373
NET CURRENT ASSETS36,67421,668
TOTAL ASSETS LESS CURRENT LIABILITIES56,37234,460
CREDITORS: Amounts falling due after more than one year65,78810,793
PROVISIONS FOR LIABILITIES AND CHARGES83,7432,430
NET ASSETS46,84121,237
CAPITAL AND RESERVES
Called up share capital922
Profit and loss account46,83921,235
SHAREHOLDERS' FUNDS46,84121,237
For the year ending 31/03/2025 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 04/10/2025 and signed on their behalf by
.............................
Peter John Frith
Director
STUDIO SEVERN ARCHITECTS LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Equipmentstraight line10%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1e. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
STUDIO SEVERN ARCHITECTS LIMITED
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/202420,00020,000
At 31/03/202520,00020,000
Depreciation
At 01/04/202420,00020,000
At 31/03/202520,00020,000
Net Book Amounts
At 31/03/2025--
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/202429,66329,663
Additions10,80610,806
Disposals(1,400)(1,400)
At 31/03/202539,06939,069
Depreciation
At 01/04/202416,87116,871
Disposals(1,400)(1,400)
For the year3,9003,900
At 31/03/202519,37119,371
Net Book Amounts
At 31/03/202519,69819,698
At 31/03/202412,79212,792
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors13,50412,875
PAYE control564564
Salaries and wages control612537
Prepayments1,6971,750
16,37715,726
STUDIO SEVERN ARCHITECTS LIMITED
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax4,9287,169
VAT4,458440
Directors current account70,08369,003
Trade creditors4781,352
Other creditors674614
Accruals3,8003,795
84,42182,373
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Lloyds Bank PLC Bounce back loan >1yr5,78810,793
5,78810,793
7. EMPLOYEES
20252024
No.No.
Average number of employees11
Key management personnel is restricted to that of the the director.
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation3,7432,430
3,7432,430
STUDIO SEVERN ARCHITECTS LIMITED
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
10. OTHER FINANCIAL COMMITMENTS
At 31/03/2025 the company was committed to making the following payments under non-cancellable operating leases:
20252024
££
Operating Leases which expire:
Within one year1,2931,292
11. CONTROLLING PARTY
The company is wholly owned by the director Mr P J Frith.
12. RELATED PARTY TRANSACTIONS
Mr P J Frith received a dividend of £ 1,000 in the year ended 31 March 2025 (2024 - £ 20,000).
13. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company is principally involved in the supply of architectural services and project management. All of its activities are carried out within the United Kingdom.
14. GENERAL INFORMATION
Studio Severn Architects Limited is a private company limited by shares and incorporated in England. Its registered office is Parkside, Holyhead Road, Boningale, Nr Albrighton, Shropshire, WV7 3DA.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.