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Company Registration No. 11798784 (England and Wales)
House Share Studios Limited Unaudited accounts for the year ended 31 January 2025
House Share Studios Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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House Share Studios Limited Company Information for the year ended 31 January 2025
Directors
Diane Greenwood Zena Jackson
Company Number
11798784 (England and Wales)
Registered Office
UNIT 409 STREET 7 THORP ARCH ESTATE WETHERBY LS23 7FG UNITED KINGDOM
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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House Share Studios Limited Accountants' report
Accountants' report to the board of directors of House Share Studios Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of House Share Studios Limited for the year ended 31 January 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of House Share Studios Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of House Share Studios Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than House Share Studios Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that House Share Studios Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of House Share Studios Limited. You consider that House Share Studios Limited 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 accounts of House Share Studios Limited. 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 accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 25 September 2025
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House Share Studios Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
- 
238 
Investment property
5
373,649 
373,649 
373,649 
373,887 
Current assets
Debtors
6
- 
2 
Cash at bank and in hand
4,057 
2,935 
4,057 
2,937 
Creditors: amounts falling due within one year
7
(76,045)
(72,254)
Net current liabilities
(71,988)
(69,317)
Total assets less current liabilities
301,661 
304,570 
Creditors: amounts falling due after more than one year
8
(215,797)
(226,608)
Provisions for liabilities
Deferred tax
9
(19,046)
(19,046)
Net assets
66,818 
58,916 
Capital and reserves
Called up share capital
4 
4 
Revaluation reserve
57,136 
57,136 
Profit and loss account
9,678 
1,776 
Shareholders' funds
66,818 
58,916 
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2025 and were signed on its behalf by
Diane Greenwood Director Company Registration No. 11798784
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House Share Studios Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
House Share Studios Limited is a private company, limited by shares, registered in England and Wales, registration number 11798784. The registered office is UNIT 409 STREET 7, THORP ARCH ESTATE, WETHERBY, LS23 7FG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% on cost
Computer equipment
33% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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House Share Studios Limited Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
4,050 
949 
4,999 
At 31 January 2025
4,050 
949 
4,999 
Depreciation
At 1 February 2024
4,050 
711 
4,761 
Charge for the year
- 
238 
238 
At 31 January 2025
4,050 
949 
4,999 
Net book value
At 31 January 2025
- 
- 
- 
At 31 January 2024
- 
238 
238 
5
Investment property
2025 
£ 
Fair value at 1 February 2024
373,649 
At 31 January 2025
373,649 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
2 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,956 
760 
Other creditors
3,000 
2,000 
Loans from directors
70,189 
68,594 
Accruals
900 
900 
76,045 
72,254 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
200,204 
202,312 
Other creditors
15,593 
24,296 
215,797 
226,608 
Aggregate of amounts that fall due for payment after five years
191,250 
191,250 
Included in long term creditors is a bank loan secured on the investment property. A personal guarantee has been provided.
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House Share Studios Limited Notes to the Accounts for the year ended 31 January 2025
9
Deferred taxation
2025 
2024 
£ 
£ 
Revaluation of investment property
19,046 
19,046 
2025 
2024 
£ 
£ 
Provision at start of year
19,046 
- 
Charged to the profit and loss account
- 
19,046 
Provision at end of year
19,046 
19,046 
Comparatives have been restated for deferred tax on revaluation of investment properties.
10
Transactions with related parties
Included in long term creditors are interest-free loans of £24,297 (2023 - £26,753) from related companies.
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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