REGISTERED NUMBER: 06811984 (England and Wales)

DERMA STUDIOS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Dr A E Lopez Pradere

REGISTERED OFFICE:

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

REGISTERED NUMBER:

06811984 (England and Wales)

ACCOUNTANTS:

Miller & Co

Chartered Accountants

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

FIXED ASSETS

Tangible assets

5

31,108

39,217

CURRENT ASSETS

Stocks

7,460

5,200

Debtors

6

2,629

165

Cash at bank

67,759

71,559

77,848

76,924

CREDITORS

Amounts falling due within one year

7

7,474

24,914

NET CURRENT ASSETS

70,374

52,010

TOTAL ASSETS LESS CURRENT LIABILITIES

101,482

91,227

CREDITORS

Amounts falling due after more than one year

8

(1,900

)

(6,846

)

PROVISIONS FOR LIABILITIES

(5,911

)

(3,597

)

NET ASSETS

93,671

80,784

CAPITAL AND RESERVES

Called up, paid and allotted share capital

1

1

Retained earnings

93,670

80,783

SHAREHOLDERS' FUNDS

93,671

80,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2025 and were signed by:

Dr A E Lopez Pradere - Director

1.	STATUTORY INFORMATION

Derma 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.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 March 2024

58,834

15,150

4,091

78,075

Additions

-

-

1,298

1,298

At 28 February 2025

58,834

15,150

5,389

79,373

DEPRECIATION

At 1 March 2024

25,739

9,237

3,882

38,858

Charge for year

8,275

887

245

9,407

At 28 February 2025

34,014

10,124

4,127

48,265

NET BOOK VALUE

At 28 February 2025

24,820

5,026

1,262

31,108

At 29 February 2024

33,095

5,913

209

39,217

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,629

165

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,800

3,800

Hire purchase contracts

1,146

13,752

Taxation and social security

826

-

Other creditors

1,702

7,362

7,474

24,914

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,900

5,700

Hire purchase contracts

-

1,146

1,900

6,846

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

Dr A E Lopez Pradere

Balance outstanding at start of year

(5,758

)

2,878

Amounts advanced

8,387

-

Amounts repaid

-

(8,636

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,629

(5,758

)

10.	RELATED PARTY DISCLOSURES

The director operates a loan account with the company, which is interest free and repayable on demand.

Transactions during the year can be found in the table above.