REGISTERED NUMBER: 09907617 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2023 TO 30 JUNE 2024

FOR

1967 STUDIO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms TK Edgson

REGISTERED OFFICE:

13 Freeland Park

Wareham Road

Poole

Dorset

BH16 6FA

REGISTERED NUMBER:

09907617 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,091

1,407

CURRENT ASSETS

Debtors

5

265

597

Cash at bank

2

451

267

1,048

CREDITORS

Amounts falling due within one year

6

25,115

11,816

NET CURRENT LIABILITIES

(24,848

)

(10,768

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(23,757

)

(9,361

)

PROVISIONS FOR LIABILITIES

207

267

NET LIABILITIES

(23,964

)

(9,628

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(23,965

)

(9,629

)

SHAREHOLDERS' FUNDS

(23,964

)

(9,628

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 28 November 2025 and were signed by:

Ms TK Edgson - Director

1.	STATUTORY INFORMATION

1967 Studio Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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. As at 30 June 2024 the liabilities exceed the assets by £23,964. Continuation to trade depends upon the support of the company's director. Should the company be unable to continue to trade, adjustments would have to be made to reduce the assets to their recoverable amount, to provide for any further liabilities which may arise, and to reclassify fixed assets as current.

The financial year-end for the current reporting period has been extended from 31 December 2023 to 30 June 2024, resulting in an 18 month period. The previous reporting period ended on 31 December 2022, covering a 12 month period. Therefore, the comparatives between the two periods are not entirely comparable.

Turnover

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

The company supplies products to customers under standard terms and conditions. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on dispatch of the goods.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2023

and 30 June 2024

4,390

DEPRECIATION

At 1 January 2023

2,983

Charge for period

316

At 30 June 2024

3,299

NET BOOK VALUE

At 30 June 2024

1,091

At 31 December 2022

1,407

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2022

£

£

Other debtors

265

597

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2022

£

£

Taxation and social security

745

1,259

Other creditors

24,370

10,557

25,115

11,816

7.	RELATED PARTY DISCLOSURES

As at 30 June 2024 the director was owed £22,810 (2022: £9,516) by the company.

No interest was charged on the above balances.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms TK Edgson.