REGISTERED NUMBER: 13259921 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

LYRIS STUDIO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C J Randle

REGISTERED OFFICE:

Bank Gallery

13 High Street

Kenilworth

Warwickshire

CV8 1LY

REGISTERED NUMBER:

13259921 (England and Wales)

ACCOUNTANTS:

Bernard Rogers & Co

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

FIXED ASSETS

Tangible assets

4

13,861

17,018

CURRENT ASSETS

Debtors

5

9,172

410

Cash at bank

245,588

134,345

254,760

134,755

CREDITORS

Amounts falling due within one year

6

56,432

10,747

NET CURRENT ASSETS

198,328

124,008

TOTAL ASSETS LESS CURRENT LIABILITIES

212,189

141,026

PROVISIONS FOR LIABILITIES

3,143

3,056

NET ASSETS

209,046

137,970

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

209,045

137,969

209,046

137,970

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 director acknowledges his 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 director and authorised for issue on 23 July 2026 and were signed by:

C J Randle - Director

1.	STATUTORY INFORMATION

Lyris Studio Limited 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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred 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 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

28,772

4,360

33,132

Additions

-

1,140

1,140

At 31 March 2026

28,772

5,500

34,272

DEPRECIATION

At 1 April 2025

13,658

2,456

16,114

Charge for year

3,778

519

4,297

At 31 March 2026

17,436

2,975

20,411

NET BOOK VALUE

At 31 March 2026

11,336

2,525

13,861

At 31 March 2025

15,114

1,904

17,018

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

4,260

-

Other debtors

4,912

410

9,172

410

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

8

-

Taxation and social security

52,749

9,798

Other creditors

3,675

949

56,432

10,747

7.	RELATED PARTY DISCLOSURES

At 31 March 2026 other debtors included loans made by the company to the directors of £4,830 (2024: £NIL). The loan was repaid shortly after the year end. .

8.	ULTIMATE CONTROLLING PARTY

The controlling party is C J Randle.