REGISTERED NUMBER: 05236433 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

The Douglas Watson Studio Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Watson

Ms J Watson

SECRETARY:

Ms J Watson

REGISTERED OFFICE:

Graffix House

Newtown Road

Henley on Thames

RG9 1HG

REGISTERED NUMBER:

05236433 (England and Wales)

ACCOUNTANTS:

Knox & Eames Chartered Accountants

36 Shepherds Lane

Caversham

Reading

Berkshire

RG4 7JL

FIXED ASSETS

Tangible assets

4

20,604

14,870

CURRENT ASSETS

Stocks

8,431

7,186

Debtors

5

52,477

50,566

Cash at bank

43,513

103,762

104,421

161,514

CREDITORS

Amounts falling due within one year

6

70,573

42,096

NET CURRENT ASSETS

33,848

119,418

TOTAL ASSETS LESS CURRENT LIABILITIES

54,452

134,288

CAPITAL AND RESERVES

Called up share capital

7

7

Retained earnings

54,445

134,281

SHAREHOLDERS' FUNDS

54,452

134,288

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2026 and were signed on its behalf by:

Mr D Watson - Director

1.	STATUTORY INFORMATION

The Douglas Watson Studio Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2024

7,333

67,150

74,483

Additions

-

11,379

11,379

At 30 September 2025

7,333

78,529

85,862

DEPRECIATION

At 1 October 2024

733

58,880

59,613

Charge for year

733

4,912

5,645

At 30 September 2025

1,466

63,792

65,258

NET BOOK VALUE

At 30 September 2025

5,867

14,737

20,604

At 30 September 2024

6,600

8,270

14,870

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,768

40,090

Other debtors

27,709

10,476

52,477

50,566

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

21,968

15,835

Taxation and social security

15,862

23,390

Other creditors

32,743

2,871

70,573

42,096

7.	RELATED PARTY DISCLOSURES