REGISTERED NUMBER: SC261821 (Scotland)

BEEZR STUDIOS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A MacCuish

REGISTERED OFFICE:

St George's Studios (Studio 15)

93-97 St George's Road

Glasgow

G3 6JA

REGISTERED NUMBER:

SC261821 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

10,818

13,992

CURRENT ASSETS

Debtors

5

416,757

424,732

Cash at bank

427,255

532,642

844,012

957,374

CREDITORS

Amounts falling due within one year

6

578,308

566,069

NET CURRENT ASSETS

265,704

391,305

TOTAL ASSETS LESS CURRENT LIABILITIES

276,522

405,297

CREDITORS

Amounts falling due after more than one year

7

(144,000

)

(144,000

)

PROVISIONS FOR LIABILITIES

(2,055

)

(2,658

)

NET ASSETS

130,467

258,639

CAPITAL AND RESERVES

Called up share capital

96,002

96,002

Retained earnings

34,465

162,637

SHAREHOLDERS' FUNDS

130,467

258,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 22 December 2025 and were signed by:

A MacCuish - Director

1.	STATUTORY INFORMATION

Beezr Studios Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Production turnover represents amounts receivable in producing content and is recognisable over the period of the production and in accordance with the underlying contract. Gross profit on production is recognised over the period of the production.

Turnover excludes value added tax.

Tangible fixed assets

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

Land and buildings

-

20% on cost

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants

Grants towards capital expenditure are credited to deferred income and released to the profit and loss account over the expected useful life of the asset. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

8,502

522,475

530,977

Additions

-

1,824

1,824

At 31 March 2025

8,502

524,299

532,801

DEPRECIATION

At 1 April 2024

8,502

508,483

516,985

Charge for year

-

4,998

4,998

At 31 March 2025

8,502

513,481

521,983

NET BOOK VALUE

At 31 March 2025

-

10,818

10,818

At 31 March 2024

-

13,992

13,992

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

26,552

67,913

Other debtors

49,281

49,840

Director's loan account

273,232

247,837

Tax recoverable

67,692

59,142

416,757

424,732

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

231,969

102,284

Loan

12,000

76,000

Taxation and social security

184,145

140,389

Amount owed to group company

46,016

7,104

Other creditors

104,178

240,292

578,308

566,069

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Loan

144,000

144,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loan

-

208,000

The company's bankers have a floating charge over the company's assets.

9.	OTHER FINANCIAL COMMITMENTS

At 31 March 2025 the company was committed to making total payments under non-cancellable operating leases of £94,167 (2024, £139,167).

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year to 31 March 2025 the company had provided the director with a loan of £273,232 (2024, £247,837) which interest was charged at 2.25%.