1 June 2025 v2026.39.1 limited_company_frs_102_section_1a_v1_1_4 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP119919112025-06-012026-05-31119919112026-05-31119919112025-05-3111991911core:WithinOneYear2026-05-3111991911core:WithinOneYear2025-05-3111991911core:ShareCapital2026-05-3111991911core:ShareCapital2025-05-3111991911core:RetainedEarningsAccumulatedLosses2026-05-3111991911core:RetainedEarningsAccumulatedLosses2025-05-3111991911bus:Director12025-06-012026-05-3111991911bus:RegisteredOffice2025-06-012026-05-3111991911core:OfficeEquipment2025-06-012026-05-3111991911core:FurnitureFittings2025-06-012026-05-31119919112024-06-012025-05-3111991911core:PlantMachinery2025-06-0111991911core:PlantMachinery2025-06-012026-05-3111991911core:PlantMachinery2026-05-3111991911core:PlantMachinery2025-05-311199191112025-06-012026-05-3111991911countries:EnglandWales2025-06-012026-05-3111991911bus:AuditExemptWithAccountantsReport2025-06-012026-05-3111991911bus:PrivateLimitedCompanyLtd2025-06-012026-05-3111991911bus:SmallEntities2025-06-012026-05-3111991911bus:FullAccounts2025-06-012026-05-31
Company registration number:
11991911
Colin Walsh Studio Limited
Unaudited Filleted Financial Statements for the year ended
31 May 2026
Colin Walsh Studio Limited
Statement of Financial Position
31 May 2026
20262025
Note££
Fixed assets    
Tangible assets 5
3,327
 
1,627
 
Current assets    
Debtors 6
4,050
 
5,445
 
Cash at bank and in hand
29,256
 
30,978
 
33,306
 
36,423
 
Creditors: amounts falling due within one year 7
(1,704
 )
(900
 )
Net current assets
31,602
 
35,523
 
Total assets less current liabilities 34,929   37,150  
Provisions for liabilities
(632
 )
(309
 )
Net assets
34,297
 
36,841
 
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
34,296
 
36,840
 
Shareholders funds
34,297
 
36,841
 
For the year ending
31 May 2026
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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.
These
financial statements
were approved by the board of directors and authorised for issue on
8 October 2026
, and are signed on behalf of the board by:
Mr Colin Walsh
Director
Company registration number:
11991911
Colin Walsh Studio Limited
Notes to the Financial Statements
Year ended
31 May 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
3 The Bunch of Nuts, The Green
,
Houghton Regis
,
Dunstable
,
Bedfordshire
,
LU5 5DX
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services supplied.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line
Fixtures and fittings
20% straight line

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2025:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 June 2025
8,660
 
Additions
3,225
 
At
31 May 2026
11,885
 
Depreciation  
At
1 June 2025
7,033
 
Charge
1,525
 
At
31 May 2026
8,558
 
Carrying amount  
At
31 May 2026
3,327
 
At 31 May 2025
1,627
 

6 Debtors

20262025
££
Trade debtors
4,050
  -  
Other debtors -  
5,445
 
4,050
 
5,445
 

7 Creditors: amounts falling due within one year

20262025
££
Taxation and social security
388
  -  
Other creditors
1,316
 
900
 
1,704
 
900