Tilzey Studio's Ltd


Directors	Deborah Louise Elizabeth Brazier
	Bryan Charles Tilzey


Company Secretary	Deborha Louise Elizabeth Brazier


Registered Address	Woodleigh Lodge
	West Street
	Stoke Sub Hamdon
	TA14 6QL


Registered Number	00670337 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		173		193
Investments	4		245,000		245,000
			245,173		245,193
Current assets
Debtors		1,000		1,529
Cash at bank and on hand		28,953		30,295
		29,953		31,824
Creditors amounts falling due within one year	5	(4,976)		(3,180)
Net current assets (liabilities)			24,977		28,644
Total assets less current liabilities			270,150		273,837
Provisions for liabilities			(28,215)		(28,219)
Net assets			241,935		245,618
Capital and reserves
Called up share capital			1,000		1,000
Revaluation reserve			184,639		184,639
Profit and loss account			56,296		59,979
Shareholders' funds			241,935		245,618

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

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

Deborah Louise Elizabeth Brazier
Director
Registered Company No. 00670337

Tilzey Studio's Ltd

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Investments
	Investment Properties are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 October 24	5,106
	At 30 September 25	5,106
	Depreciation and impairment
	At 01 October 24	4,913
	Charge for year	20
	At 30 September 25	4,933
	Net book value
	At 30 September 25	173
	At 30 September 24	193

4.	Fixed asset investments
	The investment property was valued on an open market basis on 16 June 2019 by RMW Knight.

		Total
		£
	Cost or valuation
	At 01 October 24	245,000
	At 30 September 25	245,000
	Net book value
	At 30 September 25	245,000
	At 30 September 24	245,000

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	1,789	619
Taxation and social security	1,233	875
Other creditors	854	681
Accrued liabilities and deferred income	1,100	1,005
Total	4,976	3,180


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Related party transactions
	Included within other creditors are amounts totalling £1,789 (2024: £619) owed to the directors of the company. These balances are unsecured, interest-free, and have no fixed repayment terms. The transactions have not been concluded under normal market conditions.