Ellipse Design Studio Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13298824

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,518		3,479

			2,518		3,479
CURRENT ASSETS
Debtors	5	14,062		4,398
Cash at bank and in hand		16,192		9,710

		30,254		14,108
Creditors: Amounts Falling Due Within One Year	6	(22,641 )		(13,554 )

NET CURRENT ASSETS (LIABILITIES)			7,613		554

TOTAL ASSETS LESS CURRENT LIABILITIES			10,131		4,033

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(554 )		(661 )

NET ASSETS			9,577		3,372

CAPITAL AND RESERVES
Called up share capital	8		6		6
Profit and Loss Account			9,571		3,366

SHAREHOLDERS' FUNDS			9,577		3,372

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Ellipse Design Studio Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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.

On behalf of the board

Mr L Jones

Director

30/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Ellipse Design Studio Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13298824 . The registered office is 214 Bermondsey Street Apartment 3, Southwark, London, United Kingdom, SE1 3TQ.

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. 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 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.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated 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:

Plant & Machinery	25% straight line
Computer Equipment	25% reducing balance

2.4. Foreign Currencies

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.5. 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.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Ellipse Design Studio Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	532	7,955	8,487

As at 31 March 2026	532	7,955	8,487

Depreciation
As at 1 April 2025	366	4,642	5,008
Provided during the period	133	828	961

As at 31 March 2026	499	5,470	5,969

Net Book Value
As at 31 March 2026	33	2,485	2,518

As at 1 April 2025	166	3,313	3,479

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	5,100	4,080
Other debtors	8,962	318

	14,062	4,398

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	34	29
Other creditors	10,660	9,871
Taxation and social security	11,947	3,654

	22,641	13,554

7. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Accelerated capital allowances	554	661

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	6	6

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Ellipse Design Studio Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Related Party Transactions

During the year, the company entered into transactions with Re Ops Ltd, a company jointly controlled by the directors of the company.

At the year end, Re Ops Ltd owed the company £8,197.65 (2025: £21). The balance arose from the company making payments on behalf of Re Ops Ltd and advancing funds to the company in the year.

The balance is unsecured, interest free and repayable on demand.

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