SD Studios Portsmouth Ltd

SD Studios Portsmouth Ltd
Contents Page
For the year ended 31 January 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

Registered Number: 11161154 SD Studios Portsmouth Ltd
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	10,624	15,937
		10,624	15,937
Current assets
Cash at bank and in hand		2,297	3,371
Creditors: amount falling due within one year		(6,643)	(5,744)
Net current assets		(4,346)	(2,373)

Total assets less current liabilities		6,278	13,564
Creditors: amount falling due after more than one year		(7,226)	(9,422)
Net assets		(948)	4,142

Capital and reserves
Called up share capital		2	2
Profit and loss account		(950)	4,140
Shareholders' funds		(948)	4,142

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

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 by the board of directors on 02 October 2026 and were signed on its behalf by:

-------------------------------
Jamie Lee Wilson
Director

1

SD Studios Portsmouth Ltd
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

SD Studios Portsmouth Ltd is a private company, limited by shares, registered in England and Wales, registration number 11161154, registration address Sultan Road, Portsmouth, PO2 7AP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles

25% Straight Line

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.	Average number of employees Average number of employees during the year was 0 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Total
	£	£
At 01 February 2025	21,250	21,250
Additions	-	-
Disposals	-	-
At 31 January 2026	21,250	21,250
Depreciation
At 01 February 2025	5,313	5,313
Charge for year	5,313	5,313
On disposals	-	-
At 31 January 2026	10,626	10,626
Net book values
Closing balance as at 31 January 2026	10,624	10,624
Opening balance as at 01 February 2025	15,937	15,937

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