Gomm Studio Limited

Gomm Studio Limited
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	3,294	6,769
		3,294	6,769
Current assets
Debtors	4	11,781	24,874
Cash at bank and in hand		54,532	10,322
		66,313	35,196
Creditors: amount falling due within one year	5	(55,630)	(34,726)
Net current assets		10,683	470

Total assets less current liabilities		13,977	7,239
Creditors: amount falling due after more than one year	6	0	(6,935)
Accruals and deferred income		(12,977)	(6,520)
Net assets		1,000	(6,216)

Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		0	(7,216)
Shareholders' funds		1,000	(6,216)

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 21 November 2025 and were signed on its behalf by:

-------------------------------
Aylward Louise
Director

Gomm Studio Limited
Notes to the Financial Statements
For the year ended 30 April 2025

General Information

Gomm Studio Limited is a private company, limited by shares, registered in England and Wales, registration number 09560569, registration address 14b Ridgway Ridgway Mews, Wimbledon Village, London, SW19 4QN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	33.33% Straight Line
Plant and Machinery	20% Reducing Balance

2.	Average number of employees Average number of employees during the year was 1 (2024 : 3).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£
At 01 May 2024	9,481	13,244	22,725
Additions	-	-	-
Disposals	-	-	-
At 30 April 2025	9,481	13,244	22,725
Depreciation
At 01 May 2024	5,471	10,485	15,956
Charge for year	802	2,673	3,475
On disposals	-	-	-
At 30 April 2025	6,273	13,158	19,431
Net book values
Closing balance as at 30 April 2025	3,208	86	3,294
Opening balance as at 01 May 2024	4,010	2,759	6,769

Debtors: amounts falling due within one year

	2025 £	2024 £
Prepayments & Accrued Income	1,000	1,000
Accrued Income	775	2,541
Other Debtors	4,768	8,430
Directors Loan Accounts	5,238	12,903
	11,781	24,874

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	2,464	0
Bank Loans & Overdrafts	7,760	6,864
Corporation Tax	5,211	4,237
PAYE & Social Security	398	6,050
Other Creditors	26,858	13,114
VAT	12,939	4,461
	55,630	34,726

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	0		6,935
	0		6,935


Registered Number: 09560569
England and Wales
GOMM STUDIO LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 May 2024 End date: 30 April 2025