IRIS Accounts Production v25.2.0.378 02075362 Board of Directors 1.5.24 30.4.25 30.4.25 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02075362 2024-04-30 02075362 2025-04-30 02075362 2024-05-01 2025-04-30 02075362 2023-04-30 02075362 2023-05-01 2024-04-30 02075362 2024-04-30 02075362 ns15:EnglandWales 2024-05-01 2025-04-30 02075362 ns14:PoundSterling 2024-05-01 2025-04-30 02075362 ns10:Director1 2024-05-01 2025-04-30 02075362 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 02075362 ns10:SmallEntities 2024-05-01 2025-04-30 02075362 ns10:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 02075362 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 02075362 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 02075362 ns10:FullAccounts 2024-05-01 2025-04-30 02075362 ns10:Director2 2024-05-01 2025-04-30 02075362 ns10:Director3 2024-05-01 2025-04-30 02075362 ns10:Director4 2024-05-01 2025-04-30 02075362 ns10:CompanySecretary1 2024-05-01 2025-04-30 02075362 ns10:RegisteredOffice 2024-05-01 2025-04-30 02075362 ns5:CurrentFinancialInstruments 2025-04-30 02075362 ns5:CurrentFinancialInstruments 2024-04-30 02075362 ns5:ShareCapital 2025-04-30 02075362 ns5:ShareCapital 2024-04-30 02075362 ns5:RevaluationReserve 2025-04-30 02075362 ns5:RevaluationReserve 2024-04-30 02075362 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 02075362 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 02075362 ns5:PlantMachinery 2024-04-30 02075362 ns5:PlantMachinery 2024-05-01 2025-04-30 02075362 ns5:PlantMachinery 2025-04-30 02075362 ns5:PlantMachinery 2024-04-30 02075362 ns5:RevaluationReserve 2024-04-30

REGISTERED NUMBER: 02075362 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

MANDELA STREET STUDIOS LIMITED

MANDELA STREET STUDIOS LIMITED (REGISTERED NUMBER: 02075362)

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Chartered Accountants' Report | 6 |

MANDELA STREET STUDIOS LIMITED

Company Information

for the Year Ended 30 April 2025

| DIRECTORS: | G Henderson

| A Henderson

| C Kasicki

| J Henderson

| SECRETARY: | A Henderson

| REGISTERED OFFICE: | 23 Silver Street

| Buckden

| St Neots

| Cambridgeshire

| PE19 5TS

| REGISTERED NUMBER: | 02075362 (England and Wales)

| ACCOUNTANTS: | Russell & Co

| Station House

| Station Approach

| East Horsley

| Leatherhead

| Surrey

| KT24 6QX

MANDELA STREET STUDIOS LIMITED (REGISTERED NUMBER: 02075362)

Balance Sheet

30 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 16,896 |  | 22,528 |  |

Investment property | 5 | 485,000 |  | 485,000 |  |

501,896 |  | 507,528 |  |

CURRENT ASSETS

Cash at bank | 159,084 |  | 140,808 |  |

CREDITORS

Amounts falling due within one year | 6 | 10,953 |  | 10,198 |  |

NET CURRENT ASSETS | 148,131 |  | 130,610 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 650,027 |  | 638,138 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Revaluation reserve | 7 | 290,489 |  | 290,489 |  |

Retained earnings | 359,438 |  | 347,549 |  |

SHAREHOLDERS' FUNDS | 650,027 |  | 638,138 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

MANDELA STREET STUDIOS LIMITED (REGISTERED NUMBER: 02075362)

Balance Sheet - continued

30 April 2025

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 13 November 2025 and were signed on its behalf by:

G Henderson - Director

MANDELA STREET STUDIOS LIMITED (REGISTERED NUMBER: 02075362)

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| Mandela Street Studios 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 as modified by the revaluation of certain assets.

| Turnover

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

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Investments

| The investment property is valued annually at open market value and any surplus transferred to a revaluation reserve and any deficit to the extent that it is not covered by the revaluation reserve charged to the profit and loss account. No amortisation is charged in respect of the long leasehold property and the directors consider that this accounting policy results in the financial statements giving a true and fair view. Amortisation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 May 2024

| and 30 April 2025 | 30,038 |  |

| DEPRECIATION

| At 1 May 2024 | 7,510 |  |

| Charge for year | 5,632 |  |

| At 30 April 2025 | 13,142 |  |

| NET BOOK VALUE

| At 30 April 2025 | 16,896 |  |

| At 30 April 2024 | 22,528 |  |

MANDELA STREET STUDIOS LIMITED (REGISTERED NUMBER: 02075362)

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

5. | INVESTMENT PROPERTY

| A professional valuation in November 2017 indicated that the open market valuation of the property was £485,000.

| Fair value at 30 April 2025 is represented by:

£ |

| Valuation in 2004 | 194,511 |  |

| Valuation in 2014 | 196,489 |  |

| Valuation in 2017 | 94,000 |  |

485,000 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 2,208 |  | - |  |

| Other creditors | 8,745 |  | 10,198 |  |

10,953 |  | 10,198 |  |

7. | RESERVES

| Revaluation

| reserve

£ |

| At 1 May 2024

| and 30 April 2025 | 290,489 |  |

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Mandela Street Studios Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mandela Street Studios Limited for the year ended 30 April 2025 which comprise the Income Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Mandela Street Studios Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mandela Street Studios Limited and state those matters that we have agreed to state to the Board of Directors of Mandela Street Studios Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mandela Street Studios Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mandela Street Studios Limited 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 Mandela Street Studios Limited. You consider that Mandela Street 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 financial statements of Mandela Street 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 financial statements.

Russell & Co

Station House

Station Approach

East Horsley

Leatherhead

Surrey

KT24 6QX

Date: .............................................