Company Registration No. 11713869 (England and Wales)
StudioExe Ltd
Unaudited accounts
for the year ended 31 March 2025
StudioExe Ltd
Unaudited accounts
Contents
StudioExe Ltd
Company Information
for the year ended 31 March 2025
Company Number
11713869 (England and Wales)
Registered Office
Kemp House 152 - 160
City Road
London
EC1V 2NX
UNITED KINGDOM
Accountants
Brambillow Accounting Ltd
Brookhouse
Cranoe Road
Welham
Leicestershire
LE16 7UH
StudioExe Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
1,619
1,477
Cash at bank and in hand
4,432
15,208
Creditors: amounts falling due within one year
(14,360)
(18,903)
Net current assets
262
4,132
Total assets less current liabilities
1,881
5,609
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
1,573
5,328
Shareholders' funds
1,574
5,329
For the year ending 31 March 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 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 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 and authorised for issue on 30 October 2025 and were signed on its behalf by
Mr M Bayly
Director
Company Registration No. 11713869
StudioExe Ltd
Notes to the Accounts
for the year ended 31 March 2025
StudioExe Ltd is a private company, limited by shares, registered in England and Wales, registration number 11713869. The registered office is Kemp House 152 - 160, City Road, London, EC1V 2NX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% Straight Line
Computer equipment
20% Straight Line
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.
StudioExe Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
328
2,997
3,325
At 31 March 2025
339
3,526
3,865
At 1 April 2024
177
1,671
1,848
Charge for the year
68
705
773
On disposals
(138)
(237)
(375)
At 31 March 2025
107
2,139
2,246
At 31 March 2025
232
1,387
1,619
At 31 March 2024
151
1,326
1,477
Amounts falling due within one year
Accrued income and prepayments
1,127
1,187
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
9,404
10,157
7
Transactions with related parties
Included within debtors is an amount of £6,015 (2024: £nil) which is owed by the Director to the Company. Interest is not payable on this amount and there is no fixed date for repayment.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).