Company No: 13391533 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	T Philipson
	N Rappolt
	M Saunders
	H Simpson
	H Sullivan (Resigned 01 April 2025)

REGISTERED OFFICE	100-106 Leonard Street
	Third Floor
	London
	EC2A 4RH
	United Kingdom

COMPANY NUMBER

13391533 (England and Wales)

ACCOUNTANT	Praxis
	1 Fore Street Avenue
	London
	EC2Y 9DT
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Investments	3	89,380		89,380
		89,380		89,380
Current assets
Debtors	4	983,262		174,663
Cash at bank and in hand	5	23,654		6,378
		1,006,916		181,041
Creditors: amounts falling due within one year	6	( 507,451)		( 155,688)
Net current assets		499,465		25,353
Total assets less current liabilities		588,845		114,733
Net assets		588,845		114,733
Capital and reserves
Called-up share capital	7	102		102
Profit and loss account		588,743		114,631
Total shareholders' funds		588,845		114,733

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Your Studio Futures Ltd (registered number: 13391533) were approved and authorised for issue by the Board of Directors on 23 December 2025. They were signed on its behalf by:

T Philipson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Your Studio Futures Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 100-106 Leonard Street, Third Floor, London, EC2A 4RH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Profit and Loss Account. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	7		9

3. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 April 2024	89,380
At 31 March 2025	89,380
Carrying value at 31 March 2025	89,380
Carrying value at 31 March 2024	89,380

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.03.2025	Ownership 31.03.2024	Held
Your Studio Limited	100-106 Leonard Street, Third Floor, London, EC2A 4RH	Design consultancy	Ordinary	100.00%	100.00%	Direct
YourStudio Amsterdam B.V.	Nieuwezijds Voorburgwal 162, 1012 SJ Amsterdam, Netherlands	Design consultancy	Ordinary	100.00%	100.00%	Direct
Your Studio Inc.	109 N 12th St, 9th Floor Brooklyn, NY 11249	Design consultancy	Common stock	100.00%	0.00%	Direct
Your Studio Australia PTY Limited	104, 98 Leicester Street Fitzroy, VIC 3065	Design consultancy	Ordinary	100.00%	100.00%	Direct

4. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	467,044		174,663
Corporation tax	194		0
Other debtors	516,024		0
	983,262		174,663

Included in other debtors is an amount of £16,024 owed by the Director. The amount owed by the director is repayable on demand and Interest is charged at a rate of 2.25% per annum.

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	23,654		6,378

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	111,134		4,732
Amounts owed to Group undertakings	314,890		62,696
Taxation and social security	28,392		66,721
Other creditors	53,035		21,539
	507,451		155,688

There are no amounts included above in respect of which any security has been given by the small entity.

Amounts owed to Group undertakings are repayable on demand and do not bear interest.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
102 Ordinary shares of £ 1.00 each	102		102

8. Events after the Balance Sheet date

There have been no events after the balance sheet date affecting the Company since the financial year.