Registration number: 13746943

Grown Studio Somerset Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Grown Studio Somerset Ltd

Company Information

Director

C Rollinson

Registered office

Northcote Stilemead Lane Bristol Somerset BS40 6BS

Accountants

Burton Sweet Limited Chartered Accountants & Tax Advisors5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Grown Studio Somerset Ltd

(Registration number: 13746943)
Balance Sheet
30 November 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	1,360	2,320
Current assets
Stocks	5	2,000	1,750
Cash at bank and in hand		1,107	842
		3,107	2,592
Creditors: Amounts falling due within one year	6	(6,164)	(6,236)
Net current liabilities		(3,057)	(3,644)
Net liabilities		(1,697)	(1,324)
Capital and reserves
Called up share capital		1	1
Retained earnings		(1,698)	(1,325)
Shareholders' deficit		(1,697)	(1,324)

Grown Studio Somerset Ltd

(Registration number: 13746943)
Balance Sheet
30 November 2025

For the financial year ending 30 November 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 July 2026
 

......................................... C Rollinson Director

Grown Studio Somerset Ltd

Notes to the Unaudited Financial Statements
Year Ended 30 November 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:
Northcote
Stilemead Lane
Bristol
Somerset
BS40 6BS

These financial statements were authorised for issue by the director on 20 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors have a reasonable expectation that the company has sufficient resources to continue for the foreseeable future. The accounts have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Grown Studio Somerset Ltd

Notes to the Unaudited Financial Statements
Year Ended 30 November 2025

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website and branding	5 years straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold in the ordinary course of business.

Trade debtors are recognised initially at the transaction price.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3	Staff numbers

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

Grown Studio Somerset Ltd

Notes to the Unaudited Financial Statements
Year Ended 30 November 2025

4	Intangible assets

	Website and branding £
Cost or valuation
At 1 December 2024	4,800
At 30 November 2025	4,800
Amortisation
At 1 December 2024	2,480
Amortisation charge	960
At 30 November 2025	3,440
Carrying amount
At 30 November 2025	1,360
At 30 November 2024	2,320

5

Stocks

	2025 £	2024 £
Other inventories	2,000	1,750

Grown Studio Somerset Ltd

Notes to the Unaudited Financial Statements
Year Ended 30 November 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	171	-
Accruals and deferred income	720	690
Other creditors	5,273	5,546
	6,164	6,236