Box River Studios Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11021234

Box River Studios Limited

Filleted Unaudited Financial Statements

31 October 2025

Box River Studios Limited

Financial Statements

Year ended 31 October 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Box River Studios Limited

Statement of Financial Position

31 October 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		2,934		7,085

Current assets

Debtors	7	36,543	32,480
Cash at bank and in hand		18,062	14,410
		--------	--------
		54,605	46,890

Creditors: amounts falling due within one year	8	105,261		99,945
		---------		--------
Net current liabilities			50,656		53,055
			--------		--------
Total assets less current liabilities			( 47,722)		( 45,970)

Creditors: amounts falling due after more than one year	9		–		5,380

Provisions	734	1,771
	--------	--------
Net liabilities	( 48,456)	( 53,121)
	--------	--------

Capital and reserves

Called up share capital	10	100	100
Profit and loss account		( 48,556)	( 53,221)
		--------	--------
Shareholders deficit		( 48,456)	( 53,121)
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Box River Studios Limited

Statement of Financial Position (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 30 July 2026 , and are signed on behalf of the board by:

Mr A W N Ferguson	Mr A R Jones
Director	Director

Company registration number: 11021234

Box River Studios Limited

Notes to the Financial Statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis which is dependent upon the continued support of the directors. The directors have indicated their willingness to support the company in the foreseeable future by ensuring sufficient funds are available for the company to continue trading. Therefore the directors consider the going concern basis is appropriate.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% straight line
Computer Equipment	-	25% straight line
Office Equipment	-	25% straight line

Financial instruments

Financial instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

5. Dividends

During the year the company paid dividends in excess of its distributable profit in contravention of section 830 of the Companies Act 2006. The directors were not aware that this had occurred at the time the dividend was paid. The error occurred owing to a miscalculation of the profits. The shareholders are aware of their responsibilities.

6. Tangible assets

	Fixtures and fittings	Computer Equipment	Office Equipment	Total
	£	£	£	£
Cost
At 1 November 2024	1,700	33,871	3,324	38,895
Additions	–	213	–	213
	-------	--------	-------	--------
At 31 October 2025	1,700	34,084	3,324	39,108
	-------	--------	-------	--------
Depreciation
At 1 November 2024	1,478	27,265	3,067	31,810
Charge for the year	222	4,016	126	4,364
	-------	--------	-------	--------
At 31 October 2025	1,700	31,281	3,193	36,174
	-------	--------	-------	--------
Carrying amount
At 31 October 2025	–	2,803	131	2,934
	-------	--------	-------	--------
At 31 October 2024	222	6,606	257	7,085
	-------	--------	-------	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	36,205	32,480
Other debtors	338	–
	--------	--------
	36,543	32,480
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,262	6,590
Trade creditors	2,784	3,147
Amounts owed to related undertakings	48,690	42,706
Accruals and deferred income	3,217	3,080
Corporation tax	24,707	24,516
Social security and other taxes	15,219	15,398
Director loan accounts	4,963	4,211
Other creditors	419	297
	---------	--------
	105,261	99,945
	---------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	5,380
	----	-------

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
A Ordinary Shares shares of £ 1 each	50	50	50	50
B Ordinary Shares shares of £ 1 each	25	25	25	25
C Ordinary Shares shares of £ 1 each	25	25	25	25
	----	----	----	----
	100	100	100	100
	----	----	----	----

11. Related party transactions

At the year end, there is a balance owed to the directors of £4,963 (2024: £4,211), which is shown within creditors. During the year, the company incurred costs for office rental and utilities of £7,136 (2024: £17,767) from a related party. The company also invoiced the related party for services totalling £14,927 (2024: £25,841) in the year. At the year end, the company owed the related party £48,690 (2024: £42,706) which is shown within creditors.