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Company Registration No. 03783442 (England and Wales)
WOUNDED BUFFALO SOUND STUDIOS LTD Unaudited accounts for the year ended 31 May 2025
WOUNDED BUFFALO SOUND STUDIOS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WOUNDED BUFFALO SOUND STUDIOS LTD Company Information for the year ended 31 May 2025
Directors
Timothy Owens Wendy Ogden Catherine Phillipina Hopkins Clare Lawrence
Secretary
Timothy Owens
Company Number
03783442 (England and Wales)
Registered Office
19A HAMPTON LANE BRISTOL BS6 6LE
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WOUNDED BUFFALO SOUND STUDIOS LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
66,971
73,334
Current assets
Inventories
5
141,910
195,831
Debtors
6
20,107
40,803
Cash at bank and in hand
384,757
350,075
546,774
586,709
Creditors: amounts falling due within one year
7
(105,749)
(161,044)
Net current assets
441,025
425,665
Net assets
507,996
498,999
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
507,896
498,899
Shareholders' funds
507,996
498,999
For the year ending 31 May 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by
Timothy Owens Director Company Registration No. 03783442
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WOUNDED BUFFALO SOUND STUDIOS LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
WOUNDED BUFFALO SOUND STUDIOS LTD is a private company, limited by shares, registered in England and Wales, registration number 03783442. The registered office is 19A HAMPTON LANE, BRISTOL, BS6 6LE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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WOUNDED BUFFALO SOUND STUDIOS LTD Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
902,815
37,796
940,611
Additions
9,589
-
9,589
Disposals
(542)
-
(542)
At 31 May 2025
911,862
37,796
949,658
Depreciation
At 1 June 2024
829,481
37,796
867,277
Charge for the year
15,952
-
15,952
On disposals
(542)
-
(542)
At 31 May 2025
844,891
37,796
882,687
Net book value
At 31 May 2025
66,971
-
66,971
At 31 May 2024
73,334
-
73,334
5
Inventories
2025
2024
£
£
Work in progress
141,910
195,831
141,910
195,831
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
6,578
27,996
Other debtors
213
-
6,791
27,996
Amounts falling due after more than one year
Accrued income and prepayments
13,316
12,807
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
815
VAT
40,773
42,425
Obligations under finance leases and hire purchase contracts
-
4,547
Trade creditors
22,253
6,227
Taxes and social security
29,119
78,710
Loans from directors
11,529
14,715
Accruals
2,075
13,605
105,749
161,044
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WOUNDED BUFFALO SOUND STUDIOS LTD Notes to the Accounts for the year ended 31 May 2025
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
During the year, the Company made rent payments for a commercial property totaling £52,849 to a partnership owned by the shareholders.
10
Average number of employees
During the year the average number of employees was 12 (2024: 7).
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