Vickers Studio Limited - Filleted accounts

Registered number

09004198

Vickers Studio Limited

Filleted Accounts

31 July 2025

Vickers Studio Limited
Registered number:		09004198
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		343,393			24,255

Current assets
Debtors	4	116,410			5,892
Cash at bank and in hand		47,307			386,905
		163,717			392,797

Creditors: amounts falling due within one year	5	(311,083)			(171,637)

Net current (liabilities)/assets			(147,366)			221,160

Net assets			196,027			245,415

Capital and reserves
Called up share capital			100			100
Profit and loss account			195,927			245,315

Shareholder's funds			196,027			245,415

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Vickers
Director
Approved by the board on 30 May 2026.

Vickers Studio Limited
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	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
	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Equipment	25% reducing balance

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			4		4






3	Tangible fixed assets
		Freehold property		Equipment		Total
£			£		£
	Cost
	At 1 August 2024	-		53,324		53,324
	Additions	324,922		374		325,296
	At 31 July 2025	324,922		53,698		378,620

	Depreciation
	At 1 August 2024	-		29,069		29,069
	Charge for the year	-		6,158		6,158
	At 31 July 2025	-		35,227		35,227

	Net book value
	At 31 July 2025	324,922		18,471		343,393
	At 31 July 2024	-		24,255		24,255


4	Debtors			2025		2024
£					£

	Trade debtors			8,872		-
	Other debtors			107,538		5,892
				116,410		5,892


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			9,592		19,824
	Trade creditors			41,831		17,475
	Taxation and social security costs			57,796		85,081
	Other creditors			201,864		49,257
				311,083		171,637


6	Other information

	Vickers Studio Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Mays Coppice Farm
	Whichers Gate Road
	Havant
	Hampshire
	PO9 5NE