REGISTERED NUMBER: 11214431 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Gittings Studio Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R J Gittings

Mrs K A Gittings

REGISTERED OFFICE:

1 Grove Park

Wormbridge

Hereford

Herefordshire

HR2 9DX

REGISTERED NUMBER:

11214431 (England and Wales)

ACCOUNTANTS:

Golden Valley Accountancy Limited

Unit 4

Westwood Industrial Estate

Pontrilas

Herefordshire

HR2 0EL

FIXED ASSETS

Tangible assets

4

32,562

40,109

CURRENT ASSETS

Debtors

5

3,940

4,621

Cash at bank

69,050

81,809

72,990

86,430

CREDITORS

Amounts falling due within one year

6

37,821

43,302

NET CURRENT ASSETS

35,169

43,128

TOTAL ASSETS LESS CURRENT LIABILITIES

67,731

83,237

CREDITORS

Amounts falling due after more than one year

7

2,180

11,611

NET ASSETS

65,551

71,626

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

65,451

71,526

SHAREHOLDERS' FUNDS

65,551

71,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2026 and were signed on its behalf by:

Mr R J Gittings - Director

1.	STATUTORY INFORMATION

Gittings Studio Ltd is a private company, limited by shares , registered in England and Wales. 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Taxation

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

Current or deferred 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

73,743

Additions

19,889

Disposals

(17,267

)

At 31 March 2026

76,365

DEPRECIATION

At 1 April 2025

33,634

Charge for year

19,095

Eliminated on disposal

(8,926

)

At 31 March 2026

43,803

NET BOOK VALUE

At 31 March 2026

32,562

At 31 March 2025

40,109

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

3,940

4,621

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

10,287

10,287

Taxation and social security

22,244

25,456

Other creditors

5,290

7,559

37,821

43,302

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

2,180

11,611