SIMPSON STUDIO LTD

Company Information
for the year from 1 April 2024 to 31 March 2025


Director	SIMPSON, Joanna


Registered Address	Long Acre Horsham Road
	Bramley
	Guildford
	GU5 0AW


Place of Business	99 Kings Road
	London
	SW3 4PA


Registered Number	08499835 (England and Wales)

SIMPSON STUDIO LTD

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets			16,094		28,401
			16,094		28,401
Current assets
Debtors		156,373		110,891
Cash at bank and on hand		8,345		54
		164,718		110,945
Creditors amounts falling due within one year	3	(74,233)		(113,418)
Net current assets (liabilities)			90,485		(2,473)
Total assets less current liabilities			106,579		25,928
Creditors amounts falling due after one year	4		(104,830)		(24,897)
Net assets			1,749		1,031
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,649		931
Shareholders' funds			1,749		1,031

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 Director acknowledges 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 financial statements were approved and authorised for issue by the Director on 21 November 2025, and are signed on its behalf by:

SIMPSON, Joanna
Director
Registered Company No. 08499835

SIMPSON STUDIO LTD

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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		5

3.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	9,897	13,504
Bank borrowings and overdrafts	24,482	37,996
Taxation and social security	38,354	40,509
Accrued liabilities and deferred income	1,500	21,409
Total	74,233	113,418

4.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	104,830	24,897
Total	104,830	24,897