REGISTERED NUMBER: 08754173 (England and Wales)

Studio Rotate Limited

Unaudited Financial Statements For The Year Ended 31 October 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C W Harris

Mr A Jackson

Mrs S Tattersall

Mr J P R Tattersall

REGISTERED OFFICE:

Unit 6 5 Durham Yard

Teesdale Street

London

E2 6QF

REGISTERED NUMBER:

08754173 (England and Wales)

FIXED ASSETS

Tangible assets

4

83,727

101,295

CURRENT ASSETS

Debtors

5

474,110

528,084

Cash at bank

1,018,747

640,452

1,492,857

1,168,536

CREDITORS

Amounts falling due within one year

6

(584,329

)

(399,414

)

NET CURRENT ASSETS

908,528

769,122

TOTAL ASSETS LESS CURRENT LIABILITIES

992,255

870,417

PROVISIONS FOR LIABILITIES

(16,227

)

-

NET ASSETS

976,028

870,417

CAPITAL AND RESERVES

Called up share capital

112

127

Share premium

4,994

4,994

Capital redemption reserve

15

-

Retained earnings

970,907

865,296

976,028

870,417

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

Mr J P R Tattersall - Director

1.	STATUTORY INFORMATION

Studio Rotate 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2023 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2023

36,879

153,868

190,747

Additions

-

13,996

13,996

At 31 October 2024

36,879

167,864

204,743

DEPRECIATION

At 1 November 2023

13,470

75,982

89,452

Charge for year

7,812

23,752

31,564

At 31 October 2024

21,282

99,734

121,016

NET BOOK VALUE

At 31 October 2024

15,597

68,130

83,727

At 31 October 2023

23,409

77,886

101,295

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

415,716

499,821

Other debtors

58,394

28,263

474,110

528,084

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

16,946

19,032

Taxation and social security

371,664

203,137

Other creditors

195,719

177,245

584,329

399,414