| XDEV Studio Limited |
|
| Report to the director on the preparation of the unaudited statutory accounts of XDEV Studio Limited for the year ended 31 July 2026 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of XDEV Studio Limited for the year ended 31 July 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Coalesco Accountants Limited |
| Chartered Certified Accountants |
| 156 Russell Drive |
| Wollaton |
| Nottingham |
| NG8 2BE |
|
| 9 September 2026 |
|
| XDEV Studio Limited |
| Notes to the Accounts |
| for the year ended 31 July 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Computer equipment |
33.3% straight line |
|
Office equipment |
20% straight line |
|
Photographic equipment |
25% straight line |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Photography Equipment |
|
Office Equipment |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 August 2025 |
26,684 |
|
5,669 |
|
32,353 |
|
Additions |
4,146 |
|
- |
|
4,146 |
|
Disposals |
(8,082) |
|
(5,669) |
|
(13,751) |
|
At 31 July 2026 |
22,748 |
|
- |
|
22,748 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2025 |
22,247 |
|
5,668 |
|
27,915 |
|
Charge for the year |
3,918 |
|
- |
|
3,918 |
|
On disposals |
(8,081) |
|
(5,668) |
|
(13,749) |
|
At 31 July 2026 |
18,084 |
|
- |
|
18,084 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2026 |
4,664 |
|
- |
|
4,664 |
|
At 31 July 2025 |
4,437 |
|
1 |
|
4,438 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
4,890 |
|
3,024 |
|
Other debtors |
100 |
|
100 |
|
|
|
|
|
|
4,990 |
|
3,124 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade creditors |
882 |
|
897 |
|
Corporation tax |
214 |
|
656 |
|
Other taxes and social security costs |
1,562 |
|
1,732 |
|
Other creditors |
2,871 |
|
2,218 |
|
|
|
|
|
|
5,529 |
|
5,503 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
XDEV Studio Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Antenna Media Centre |
|
9A Beck Street |
|
Nottingham |
|
NG1 1EQ |