STUDIO234 LIMITED


Directors	BECKFORD, Jason, Michael
	BECKFORD, Paige
	TAYLOR, Martin


Registered Address	Hybrid Reigate
	51b High Street
	Reigate
	RH2 9AE


Registered Number	10484103 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		141,363		120,038
			141,363		120,038
Current assets
Debtors	4,5	117,043		161,684
Cash at bank and on hand		33,354		22,654
		150,397		184,338
Creditors amounts falling due within one year	6	(201,693)		(222,024)
Net current assets (liabilities)			(51,296)		(37,686)
Total assets less current liabilities			90,067		82,352
Creditors amounts falling due after one year	7		(154,375)		(144,249)
Net assets			(64,308)		(61,897)
Capital and reserves
Called up share capital			3		3
Profit and loss account			(64,311)		(61,900)
Shareholders' funds			(64,308)		(61,897)

The company was entitled to exemption from audit for this reporting period 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 10 December 2025, and are signed on its behalf by:

BECKFORD, Jason, Michael
Director
Registered Company No. 10484103

STUDIO234 LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	18
Plant and machinery	-	33
Vehicles	25	-
Office Equipment	-	18

2.	Average number of employees


		2025		2024
	Average number of employees during the year	10		4

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	147,988
	Additions	51,622
	At 31 March 25	199,610
	Depreciation and impairment
	At 01 April 24	27,950
	Charge for year	30,297
	At 31 March 25	58,247
	Net book value
	At 31 March 25	141,363
	At 31 March 24	120,038

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	26,431	28,497
Prepayments and accrued income	30,180	76,533
Total	56,611	105,030

5.	Debtors: amounts due after one year

	2025	2024
	£	£
Deferred tax asset, debtors	60,432	56,654
Total	60,432	56,654

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	159,932	191,325
Taxation and social security	26,582	-
Accrued liabilities and deferred income	15,179	30,699
Total	201,693	222,024

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	30,126	-
Other creditors	124,249	144,249
Total	154,375	144,249