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Company Registration No. 02903218 (England and Wales)
Episode Two Ltd Unaudited accounts for the year ended 31 March 2026
Episode Two Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Episode Two Ltd Company Information for the year ended 31 March 2026
Directors
Andrew Nicholas Stroud Mark Stubbington Rikki-Lee Payne
Company Number
02903218 (England and Wales)
Registered Office
c/o Parallel Accounting Ltd 8 Charis Avenue Bristol BS10 5JD England
- 3 -
Episode Two Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
20,265
23,142
Investments
5
-
5
20,265
23,147
Current assets
Debtors
6
560,481
515,137
Cash at bank and in hand
192,063
249,810
752,544
764,947
Creditors: amounts falling due within one year
7
(199,593)
(243,367)
Net current assets
552,951
521,580
Total assets less current liabilities
573,216
544,727
Provisions for liabilities
Deferred tax
(4,810)
-
Net assets
568,406
544,727
Capital and reserves
Called up share capital
1,390
1,390
Share premium
480
480
Capital redemption reserve
415
415
Profit and loss account
566,121
542,442
Shareholders' funds
568,406
544,727
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by
Rikki-Lee Payne Director Company Registration No. 02903218
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Episode Two Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Episode Two Ltd is a private company, limited by shares, registered in England and Wales, registration number 02903218. The registered office is c/o Parallel Accounting Ltd, 8 Charis Avenue, Bristol, BS10 5JD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over 5 years
Fixtures & fittings
over 4 years
Computer equipment
over 2 years
Investments
Investments in shares are included at cost less impairment (if applicable).
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
16,972
26,652
6,614
50,238
Additions
-
-
4,531
4,531
Disposals
-
(17,209)
-
(17,209)
At 31 March 2026
16,972
9,443
11,145
37,560
Depreciation
At 1 April 2025
719
21,342
5,035
27,096
Charge for the year
3,408
1,976
2,024
7,408
On disposals
-
(17,209)
-
(17,209)
At 31 March 2026
4,127
6,109
7,059
17,295
Net book value
At 31 March 2026
12,845
3,334
4,086
20,265
At 31 March 2025
16,253
5,310
1,579
23,142
- 5 -
Episode Two Ltd Notes to the Accounts for the year ended 31 March 2026
5
Investments
Other investments
£
Valuation at 1 April 2025
5
Disposals
(5)
Valuation at 31 March 2026
-
6
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
126,781
116,643
Amounts due from group undertakings etc.
421,809
389,436
Accrued income and prepayments
10,225
7,558
Other debtors
1,666
1,500
560,481
515,137
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
4,402
-
VAT
35,727
27,502
Trade creditors
12,118
17,415
Taxes and social security
84,797
127,875
Other creditors
3,213
1,321
Accruals
59,336
69,254
199,593
243,367
8
Average number of employees
During the year the average number of employees was 14 (2025: 14).
- 6 -