Field Studio Writers Ltd formerly known as Rose Skelton Limited

Registered number

SC608920

Unaudited Filleted Accounts

31 March 2026

Field Studio Writers Ltd formerly known as Rose Skelton Limited
Registered number:		SC608920
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,075			-

Current assets
Debtors	4	1,347			2,766
Cash at bank and in hand		14,477			8,870
		15,824			11,636

Creditors: amounts falling due within one year	5	(15,295)			(6,481)

Net current assets			529			5,155

Total assets less current liabilities			1,604			5,155

Creditors: amounts falling due after more than one year	6		(160)			-



Net assets			1,444			5,155

Capital and reserves
Called up share capital			1			1
Profit and loss account			1,443			5,154

Shareholders' funds			1,444			5,155

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 members have 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.




Rose Skelton
Director
Approved by the board on 5 July 2026

Field Studio Writers Ltd formerly known as Rose Skelton Limited
Notes to the Accounts
for the year ended 31 March 2026


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:

	Office Equipment - computer equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.

	Foreign currency translation
	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.

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


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		0		1


3	Tangible fixed assets
					Office Equipment
£
	Cost
	Additions				1,161
	At 31 March 2026				1,161

	Depreciation
	Charge for the year				86
	At 31 March 2026				86

	Net book value
	At 31 March 2026				1,075


4	Debtors		2026		2025
£				£

	Prepayments & Accrued Income		699		944
	Deferred Tax		648		1,822
			1,347		2,766


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Accruals		600		420
	Trade Creditors		613		-
	Deferred Income		11,070		-
	Deferred Tax		44		-
	Directors' Loan Account		2,968		6,061
			15,295		6,481


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Deferred Tax		160		-


7	Related party transactions

	At the year end 31st March 2026 the directors, Rose Skelton & Naomi Stone, were owed £2,968 in equal share by the company (Rose Skelton 2025: £6,061). No interest has been charged to the company in the year on this amount and there is no fixed term for repayment. No advances were made to either director during the year.


8	Controlling party

	The company is controlled by both directors, Naomi Stone and Rose Skelton, who also own all of the share capital in equal share.


9	Other information

	Field Studio Writers Ltd formerly known as Rose Skelton Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Tigh Failte
	Argyll Terrace
	Tobermory
	Argyll & Bute
	PA75 6PB