REGISTERED NUMBER: 06917157 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SEVEN DIALS STUDIOS LIMITED

PREVIOUSLY KNOWN AS

FICTIONARIES LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

1,815

2,268

Tangible assets

5

861

-

2,676

2,268

CURRENT ASSETS

Debtors

44

43

Cash at bank

289

1,503

333

1,546

CREDITORS

Amounts falling due within one year

68,058

62,398

NET CURRENT LIABILITIES

(67,725

)

(60,852

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(65,049

)

(58,584

)

CREDITORS

Amounts falling due after more than one year

-

2,098

NET LIABILITIES

(65,049

)

(60,682

)

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

(65,149

)

(60,782

)

SHAREHOLDERS' FUNDS

(65,049

)

(60,682

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2025 and were signed by:

A B Walton - Director

1.	STATUTORY INFORMATION

Seven Dials Studios Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06917157

Registered office:

Second Floor

1 Church Terrace

Richmond

Surrey

TW10 6SE

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.

The financial statements have been prepared on a going concern basis because of the continued support of the company director and shareholder.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Office equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

9,063

AMORTISATION

At 1 April 2024

6,795

Amortisation for year

453

At 31 March 2025

7,248

NET BOOK VALUE

At 31 March 2025

1,815

At 31 March 2024

2,268

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

1,147

At 31 March 2025

1,147

DEPRECIATION

Charge for year

286

At 31 March 2025

286

NET BOOK VALUE

At 31 March 2025

861

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

55

Ordinary A

£1.00

55

55

40

Ordinary B

£1.00

40

40

5

Ordinary C

£1.00

5

5

100

100