STUDIO 22:22 LTD


Director	VOS, Charmaine


Registered Address	Flat 2 15 Nightingale Road
	Southsea
	PO5 3JH


Registered Number	07851095 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,142		1,428
			1,142		1,428
Current assets
Debtors		8,810		9,948
Cash at bank and on hand		1,276		4,303
		10,086		14,251
Creditors amounts falling due within one year	4	(8,636)		(9,641)
Net current assets (liabilities)			1,450		4,610
Total assets less current liabilities			2,592		6,038
Creditors amounts falling due after one year	5		(2,236)		(4,979)
Provisions for liabilities	6		(217)		(271)
Net assets			139		788
Capital and reserves
Called up share capital			1		1
Profit and loss account			138		787
Shareholders' funds			139		788

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 22 April 2026, and are signed on its behalf by:

VOS, Charmaine
Director
Registered Company No. 07851095

STUDIO 22:22 LTD

Notes to the Financial Statements
for the year ended 30 November 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).

	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.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	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 (%)
	Office Equipment	20

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 December 24	2,062	2,062
At 30 November 25	2,062	2,062
Depreciation and impairment
At 01 December 24	634	634
Charge for year	286	286
At 30 November 25	920	920
Net book value
At 30 November 25	1,142	1,142
At 30 November 24	1,428	1,428

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	4,309	4,309
Taxation and social security	4,327	5,332
Total	8,636	9,641

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,236	4,979
Total	2,236	4,979

6.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	217	271
Total	217	271

7.	Related party transactions
	At the balance sheet date, there was an amount due from the director of £6,300 (2024: amount due from the director of £7,258). The loan is unsecured, interest-free, and repayable on demand. No balances were written off during the year.

8.	Prior period policy changes
	On transition to FRS 102, the entity adopted a revised accounting policy in respect of deferred taxation in accordance with Section 29 Income Tax. Under this policy, deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities and their tax bases. Under the entity’s previous accounting framework, deferred tax arising from accelerated capital allowances on fixtures, fittings and equipment was not fully recognised. The adoption of FRS 102 has therefore resulted in a prior period adjustment. In accordance with Section 35 Transition to this FRS and Section 10 Accounting Policies, Estimates and Errors, the entity has restated its comparative figures to reflect this change in accounting policy. Opening reserves previously reported as £1,059 have been restated to £788. This movement of £271 reflects the recognition of a deferred tax liability arising from timing differences associated with accelerated capital allowances. The adjustment has been recognised in retained earnings at the date of transition, and comparative figures have been restated accordingly.

Prior period policy changes

On transition to FRS 102, the entity adopted a revised accounting policy in respect of deferred taxation
in accordance with Section 29 Income Tax. Under this policy, deferred tax is recognised on all timing
differences between the carrying amounts of assets and liabilities and their tax bases.
Under the entity’s previous accounting framework, deferred tax arising from accelerated capital
allowances on fixtures, fittings and equipment was not fully recognised. The adoption of FRS 102 has
therefore resulted in a prior period adjustment.
In accordance with Section 35 Transition to this FRS and Section 10 Accounting Policies, Estimates and
Errors, the entity has restated its comparative figures to reflect this change in accounting policy.
Opening reserves previously reported as £1,059 have been restated to £788. This movement of
£271 reflects the recognition of a deferred tax liability arising from timing
differences associated with accelerated capital allowances. The adjustment has been recognised in
retained earnings at the date of transition, and comparative figures have been restated accordingly.