Ferdinando Verderi Studio UK Ltd Accounts






Ferdinando Verderi Studio UK Ltd

	Company No. 13795176
		Information for Filing with The Registrar
		31 March 2025

at	31 March 2025
Company No.		13795176	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	44,162	3,778


				44,162	3,778
Current assets

	Debtors		5	161,564	450,118

	Cash at bank and in hand			1,630,487	1,232,599
				1,792,051	1,682,717
Creditors: Amount falling due within one year			6	(1,802,282)	(1,662,039)
Net current (liabilities)/assets				(10,231)	20,678
Total assets less current liabilities				33,931	24,456




Net assets				33,931	24,456

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		8	33,831	24,356

Total equity				33,931	24,456



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 13 November 2025 and signed on its behalf by:
F. Verderi
Director
13 November 2025

for the year ended 31 March 2025

General information

Ferdinando Verderi Studio UK Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 13795176

Its registered office is:

Suite G1

Hartsbourne House

Delta Gain

Watford

WD19 5EF

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are presented in Great British Pounds (£) which is the functional and presentational currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

Accounting policies

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. These estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and the future periods where the revision affects both current and future periods.

Turnover

Turnover is measured at the fair value of the consideration received or receivable.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the
company and the revenue can be reliably measured. Revenue is measured as the fair value of the
consideration received or receivable, excluding discounts and rebates. The following criteria must also be met before revenue is recognised:

Revenue from sale of services is recognised when the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

25% Straight line

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term 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.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	3	2

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 April 2024	3,959	3,959
		Additions	46,157	46,157



		At 31 March 2025	50,116	50,116
		Depreciation
		At 1 April 2024	181	181
		Charge for the year	5,773	5,773



		At 31 March 2025	5,954	5,954
		Net book values
		At 31 March 2025	44,162	44,162
		At 31 March 2024	3,778	3,778

5	Debtors
			2025	2024
			£	£
		Trade debtors	151,164	437,596



		VAT recoverable	6,264	12,522

		Other debtors	4,136	-

			161,564	450,118

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	95,150	90,800

		Taxes and social security	1,097,390	288,448
		Loans from directors	394,430	889,836
		Other creditors	514	392,955
		Accruals and deferred income	214,798	-
			1,802,282	1,662,039

Share Capital

100 ordinary share capital of £1 each, fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.