The Actors' Lab Ltd iXBRL

Company Registration Number: 07976100

The Actors' Lab Ltd

Unaudited Financial Statements

for the financial year ended 31 March 2025

The Actors' Lab Ltd

DIRECTORS AND OTHER INFORMATION


Directors	Emily Fleeshman
	Susan Fleeshman


Company Registration Number	07976100


Registered Office	8-10 Gatley Road
	Cheadle
	Cheshire
	SK8 1PY


Business Address	The Greenhouse, Media City
	Broadway
	Manchester
	M50 2EQ


Accountants	Langers
	Chartered Certified Accountants
	8-10 Gatley Road
	Cheadle
	Cheshire
	SK8 1PY

The Actors' Lab Ltd

Company Registration Number: 07976100

STATEMENT OF FINANCIAL POSITION

as at 31 March 2025

		2025	2024
	Notes	£	£

Non-Current Assets

Property, plant and equipment	4	56	332
		─────────	─────────

Current Assets

Debtors

2,820

Cash and cash equivalents

2,861

7,338

─────────

2,876

10,158

─────────

Creditors: amounts falling due within one year

(13,017)

(13,333)

─────────

Net Current Liabilities

(10,141)

(3,175)

─────────

Total Assets less Current Liabilities

(10,085)

(2,843)

Creditors:

amounts falling due after more than one year

(11,749)

(12,977)

─────────

Net Liabilities

(21,834)

(15,820)

═════════

Capital and Reserves

Called up share capital

Retained earnings

(21,836)

(15,822)

─────────

Equity attributable to owners of the company

(21,834)

(15,820)

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 17 December 2025 and signed on its behalf by



________________________________			________________________________
Emily Fleeshman			Susan Fleeshman
Director			Director

The Actors' Lab Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

General Information

The Actors' Lab Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 07976100. The registered office of the company is 8-10 Gatley Road, Cheadle, Cheshire, SK8 1PY. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

25% Straight line

Fixtures, fittings and equipment

33% Straight line

Website

10% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

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 except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was 2, (2024 - 2).

2025

2024

Number

Number

Directors

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4.	Property, plant and equipment
		Plant and	Fixtures,	Website	Total
		machinery	fittings and
			equipment
		£	£	£	£
	Cost
	At 1 April 2024	10,197	1,052	4,800	16,049
	Disposals	(9,973)	-	-	(9,973)
		─────────	─────────	─────────	─────────
	At 31 March 2025	224	1,052	4,800	6,076
		─────────	─────────	─────────	─────────
	Depreciation
	At 1 April 2024	9,865	1,052	4,800	15,717
	Charge for the financial year	56	-	-	56
	On disposals	(9,753)	-	-	(9,753)
		─────────	─────────	─────────	─────────
	At 31 March 2025	168	1,052	4,800	6,020
		─────────	─────────	─────────	─────────
	Net book value
	At 31 March 2025	56	-	-	56
		═════════	═════════	═════════	═════════
	At 31 March 2024	332	-	-	332
		═════════	═════════	═════════	═════════


5.	Debtors	2025	2024
		£	£

	Directors' current accounts	-	2,789
	Prepayments and accrued income	15	31
		─────────	─────────
		15	2,820
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank loan	1,903	6,515
	Trade creditors	288	-
	Amounts owed to connected parties (Note 9)	5,573	5,723
	Taxation	-	435
	Directors' current accounts	4,623	-
	Accruals	630	660
		─────────	─────────
		13,017	13,333
		═════════	═════════


7.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	11,749	12,977
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 6)	1,903	6,515
	Repayable between one and two years	2,709	2,374
	Repayable between two and five years	8,545	7,489
	Repayable in five years or more	495	3,114
		─────────	─────────
		13,652	19,492
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 March 2025.

Related party transactions

The following amounts are due to other connected parties:

2025

2024

AL Management Services Ltd, co number 11724450

5,573

5,723

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At 31 March 2025 the company owed £4,623 to the director (2024: -£2,789). No interest has been charged to the company in respect of this loan which is repayable on demand and classified in creditors due within one year.

10.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial year-end.