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Registration number: 12315825

Chudo Limited Unaudited Financial Statements for the Year Ended 30 September 2025
Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Chudo Limited

Contents

Company Information | 1
Statement of Financial Position | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Chudo Limited

Company Information

Directors | S C Baldry M A Baldry

Registered office | 130 Shaftesbury Avenue London W1D 5EU

Accountants | Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Chudo Limited

Statement of Financial Position as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 7,008 | 9,214
Current assets |  |  |
Debtors | 5 | 91,211 | 72,906
Other financial assets | 6 | 169,430 | -
Cash at bank and in hand |  | 101,677 | 54,632
|  | 362,318 | 127,538
Creditors: Amounts falling due within one year | 7 | (163,658) | (73,526)
Net current assets |  | 198,660 | 54,012
Net assets |  | 205,668 | 63,226
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 205,568 | 63,126
Shareholders' funds |  | 205,668 | 63,226

For the financial 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.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Chudo Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Chudo Limited

Statement of Financial Position as at 30 September 2025

Approved and authorised by the Board on 24 June 2026 and signed on its behalf by:

.........................................

M A Baldry

Director

Company registration number: 12315825

Chudo Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
London
W1D 5EU

The principal activity of the company is that of the provision of performance arts and music services for film, television and theatre.

2 | Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company had net assets at 30 September 2025 amounting to £205,667 including cash at bank of £101,677.
The company has few fixed overheads and the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. The company recognises revenue when it has fulfilled the contractual obligation under its service contracts based on the stage of completion and is shown net of sales/value added tax, rebates and discounts. Income from royalties is recognised over the period to which the royalties arise.

Chudo Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant, machinery and equipment | 20% straight line

Investments

Current asset investments comprise money market deposits with original maturities of four and six months, earning fixed rates of interest and maturing after the reporting date. Such investments are recognised at amortised cost. Interest receivable is recognised on an accruals basis over the term of the deposit.The directors consider that the carrying value of the deposits is not materially different from their fair value, as the deposits are short-term in nature and mature within six months of the reporting date.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Chudo Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2025

3 | Staff numbers

The average number of persons employed by the company during the year, was 1 (2024 - 1).

4 | Tangible assets

| Plant, machinery and equipment £ | Total £
Cost or valuation
At 1 October 2024 | 12,881 | 12,881
Additions | 1,134 | 1,134
Disposals | (1,934) | (1,934)
At 30 September 2025 | 12,081 | 12,081
Depreciation
At 1 October 2024 | 3,667 | 3,667
Charge for the year | 2,257 | 2,257
Eliminated on disposal | (851) | (851)
At 30 September 2025 | 5,073 | 5,073
Carrying amount
At 30 September 2025 | 7,008 | 7,008
At 30 September 2024 | 9,214 | 9,214

Chudo Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2025

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 2,728 | -
Other debtors | 88,483 | 72,906
| 91,211 | 72,906

6 | Other financial assets

| 2025 £ | 2024 £
Fixed term deposits | 169,430 | -

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Trade creditors | - | 1,892
Taxation and social security | 78,707 | 25,959
Accruals and deferred income | 7,252 | 5,000
Other creditors | 77,699 | 40,675
| 163,658 | 73,526

8 | Transactions with Directors

At 30 September 2025 an amount of £86,148 (2024: £67,502) was due from a director. During the year, there were advances of £120,467 and repayments of £103,936. Interest of £2,115 (2024: £1,136) is payable to the company at 2.25% and 3.75% per annum.

9 | Non adjusting events after the financial period

Subsequent to 30 September 2025 the company declared and paid a dividend of £40,000.