REGISTERED NUMBER: SC340663 (Scotland)

STUDIOKAP LTD.

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C J Platt

H A Campbell

REGISTERED OFFICE:

Studio 16

St George's Studios

93-97 St George's Road

Glasgow

G3 6JA

REGISTERED NUMBER:

SC340663 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

907

3,747

907

3,747

CURRENT ASSETS

Debtors

6

30,299

50,637

Cash at bank

37,962

25,964

68,261

76,601

CREDITORS

Amounts falling due within one year

7

16,402

14,229

NET CURRENT ASSETS

51,859

62,372

TOTAL ASSETS LESS CURRENT LIABILITIES

52,766

66,119

CAPITAL AND RESERVES

Called up share capital

56

56

Retained earnings

52,710

66,063

SHAREHOLDERS' FUNDS

52,766

66,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by:

H A Campbell - Director

1.	STATUTORY INFORMATION

StudioKap Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, has been amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

50% on cost and 25% on cost

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme and makes pension contributions to one of the directors personal pension scheme. Contributions payable to these pension schemes are charged to the profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

25,000

AMORTISATION

At 1 November 2024

and 31 October 2025

25,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

12,769

DEPRECIATION

At 1 November 2024

9,022

Charge for year

2,840

At 31 October 2025

11,862

NET BOOK VALUE

At 31 October 2025

907

At 31 October 2024

3,747

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

26,096

35,964

Other debtors

4,203

2,351

Tax recoverable

-

12,322

30,299

50,637

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

2,237

386

Taxation and social security

4,711

814

Other creditors

9,454

13,029

16,402

14,229

8.	OTHER FINANCIAL COMMITMENTS

At 31 October 2025 the company was committed to making total payments under non-cancellable operating leases of £5,184 (2024, £10,684).

9.	RELATED PARTY DISCLOSURES

At 31 October 2025, included in other creditors, is an interest free loan from the company's directors of £1,794 (2024, £1,794). There are no fixed repayment terms for this loan.