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Company Registration No. 08933101 (England and Wales)
Epix Studios Limited Unaudited accounts for the year ended 31 March 2025
Epix Studios Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Epix Studios Limited Company Information for the year ended 31 March 2025
Director
Damian Peter Moore
Company Number
08933101 (England and Wales)
Registered Office
28 Kingfisher Close Sevington Ashford Kent TN24 0TW
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Epix Studios Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
270
113
Current assets
Debtors
5
5,854
5,025
Cash at bank and in hand
15,936
10,245
21,790
15,270
Creditors: amounts falling due within one year
6
(21,876)
(8,817)
Net current (liabilities)/assets
(86)
6,453
Net assets
184
6,566
Capital and reserves
Called up share capital
1
1
Profit and loss account
183
6,565
Shareholders' funds
184
6,566
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 31 October 2025 and were signed on its behalf by
Damian Peter Moore Director Company Registration No. 08933101
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Epix Studios Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Epix Studios Limited is a private company, limited by shares, registered in England and Wales, registration number 08933101. The registered office is 28 Kingfisher Close, Sevington , Ashford , Kent, TN24 0TW.
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.
Turnover
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:
Computer equipment
33.33% Straightline
Trade Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Trade Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Taxation
The current tax liability is based on taxable profit for the current or past reporting periods. The entity’s taxable profit differs from the profit reported in profit or loss for the year because of items of income or expense which are taxable or deductible in different periods together with items which are beyond the scope of taxation and hence are never taxable or deductible. The entity’s liability for current tax is calculated using tax rates which have been enacted, or substantively enacted, by the reporting date.
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Epix Studios Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
981
Additions
331
At 31 March 2025
1,312
Depreciation
At 1 April 2024
868
Charge for the year
174
At 31 March 2025
1,042
Net book value
At 31 March 2025
270
At 31 March 2024
113
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
5,025
Amounts falling due after more than one year
Other debtors
5,854
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
6,917
-
Trade creditors
65
142
Taxes and social security
14,894
8,658
Other creditors
-
17
21,876
8,817
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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