Butterfly Dance Studios Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12058534

Butterfly Dance Studios Limited

Filleted Unaudited Financial Statements

For the year ended

30 September 2025

Butterfly Dance Studios Limited

Financial Statements

Year ended 30 September 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Butterfly Dance Studios Limited

Statement of Financial Position

30 September 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		43,313		1,479

Current assets

Stocks		2,243	1,945
Debtors	6	3,616	3,369
Cash at bank and in hand		80,760	94,754
		--------	----------
		86,619	100,068

Creditors: amounts falling due within one year	7	36,691		24,955
		--------		----------
Net current assets			49,928		75,113
			--------		--------
Total assets less current liabilities			93,241		76,592

Creditors: amounts falling due after more than one year	8		44,859		17,354

Provisions

Taxation including deferred tax	3,034	–
	--------	--------
Net assets	45,348	59,238
	--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	45,248	59,138
	--------	--------
Shareholders funds	45,348	59,238
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Butterfly Dance Studios Limited

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 16 June 2026 , and are signed on behalf of the board by:

Mrs S Roffey
Director

Company registration number: 12058534

Butterfly Dance Studios Limited

Notes to the Financial Statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 31-33 Estcourt Street, Goole, East Yorkshire, DN14 5AS, England.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. (b) Going concern The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis. (c) Revenue recognition Turnover comprises revenue recognised by the company in respect of income receivable net of value added tax. (d) Current and deferred tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. (e) Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. (f) Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% reducing balance
Equipment	-	15% reducing balance

(g) Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

(h) Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

(i) Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

(j) Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 6 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 October 2024	–	2,332	2,332
Additions	43,885	–	43,885
	--------	-------	--------
At 30 September 2025	43,885	2,332	46,217
	--------	-------	--------
Depreciation
At 1 October 2024	–	853	853
Charge for the year	1,829	222	2,051
	--------	-------	--------
At 30 September 2025	1,829	1,075	2,904
	--------	-------	--------
Carrying amount
At 30 September 2025	42,056	1,257	43,313
	--------	-------	--------
At 30 September 2024	–	1,479	1,479
	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	3,616	3,369
	-------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans	3,550	3,463
Trade creditors	12,522	11,607
Corporation tax	–	8,076
Obligations under finance leases and hire purchase contracts	4,637	–
Director loan accounts	15,982	1,809
	--------	--------
	36,691	24,955
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans	13,804	17,354
Obligations under finance leases and hire purchase contracts	31,055	–
	--------	--------
	44,859	17,354
	--------	--------

Included in creditors due in more than one year is an amount of £nil which is due in more than 5 years (2024: £2,605)

9. Related party transactions

During the year the director made loans available to the company. The balance owing to the director at 30 September 2025 was £ 15,982 (2024: £1,809). This loan was interest free.