ACCOUNTS - Final Accounts preparation

Registered number: 16137478

MICA STUDIO LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

MICA STUDIO LIMITED

REGISTERED NUMBER: 16137478

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025
Note		£


Current assets
Debtors: amounts falling due within one year	4	22,522
Cash at bank and in hand	5	24,763
		47,285
Creditors: amounts falling due within one year	6	(15,489)
Net current assets			31,796
Total assets less current liabilities			31,796

Net assets			31,796

Capital and reserves
Called up share capital	7	10
Profit and loss account		31,786
		31,796

MICA STUDIO LIMITED

REGISTERED NUMBER: 16137478

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the director and were signed on its behalf by:

W Davenport

Director

Date: 16 September 2026

The notes on pages 3 to 5 form part of these financial statements.

MICA STUDIO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

Mica Studio Limited is a private company, limited by shares, registered in England and Wales, registration number 16137478. The registered office address is Flat 10, 87 Pepys Road, London, SE14 5SE.

The company was incorporated on 16 December 2024 and commenced trading on the same date.

The principal activity of the company is that of creative direction for live production.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Functional and presentation currency

The company's functional and presentation currency is pound sterling.

2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from creative direction for live production is recognised when the related performance obligations are satisfied and it is probable that the company will be entitled to the consideration due under the contract.

2.4

Taxation

Tax is recognised in the profit and loss account except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.6

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

MICA STUDIO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.8

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, other creditors and loans with related parties.

Employees

The average monthly number of employees, including the director, during the period was 1.

Debtors

					2025
					£


	Accrued income	22,522

5.	Cash
		2025
		£

	Cash at bank and in hand	24,763

6.	Creditors: amounts falling due within one year
		2025
		£

	Corporation tax	7,611
	Other creditors	4,878
	Accruals	3,000
		15,489

MICA STUDIO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

7.	Share capital
		2025
		£

		Allotted, called up and fully paid

		10 Ordinary shares of £1.00 each	10

On incorporation, the company issued 10 ordinary shares at a nominal value of £1 each.

8.	Transactions with the director

At the period end, the company owed £4,878 to the director. The loan is interest free, unsecured and repayable on demand.