Tangent Studio Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 05640030

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		43		112

			43		112
CURRENT ASSETS
Cash at bank and in hand		67		-

		67		-
Creditors: Amounts Falling Due Within One Year		(53,517 )		(51,451 )

NET CURRENT ASSETS (LIABILITIES)			(53,450 )		(51,451 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(53,407 )		(51,339 )

NET LIABILITIES			(53,407 )		(51,339 )

CAPITAL AND RESERVES
Called up share capital	6		2		2
Profit and Loss Account			(53,409 )		(51,341 )

SHAREHOLDERS' FUNDS			(53,407)		(51,339)

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Tangent Studio Limited

Abridged Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 November 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Sallyanne Daniels

Director

18/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Tangent Studio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05640030 . The registered office is Chapps Farmhouse, Slaughterford Mill, Chippenham, SN14 8RJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

At 30 November 2025 the company had net liabilities of £53,409 (2024: £51339). The company is reliant on the continued support of the director. The director has confirmed her intention to continue to support the company. On this basis the director considers that the accounts should be prepared on a going concern basis.

2.3. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	over 5 years
Fixtures & Fittings	over 5 years

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Tangent Studio Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 November 2025

4. Intangible Assets

	Total
	£
Cost
As at 1 December 2024	2,287

As at 30 November 2025	2,287

Amortisation
As at 1 December 2024	2,287

As at 30 November 2025	2,287

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	-

5. Tangible Assets

	Total
	£
Cost
As at 1 December 2024	4,869

As at 30 November 2025	4,869

Depreciation
As at 1 December 2024	4,757
Provided during the period	69

As at 30 November 2025	4,826

Net Book Value
As at 30 November 2025	43

As at 1 December 2024	112

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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