Studio Scribbles Limited - Filleted accounts

Registered number

09728212

Studio Scribbles Limited

Filleted Accounts

31 August 2026

Studio Scribbles Limited
Registered number:		09728212
Balance Sheet
as at 31 August 2026

Notes			2026			2025
£				£
Current assets
Stocks		6,271			4,685
Debtors	5	11,094			8,689
Cash at bank and in hand		65,002			76,961
		82,367			90,335

Creditors: amounts falling due within one year	6	(12,247)			(18,682)

Net current assets			70,120			71,653

Net assets			70,120			71,653

Capital and reserves
Called up share capital			1			1
Profit and loss account			70,119			71,652

Shareholder's funds			70,120			71,653

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A J Elvidge
Director
Approved by the board on 25 September 2026

Studio Scribbles Limited
Notes to the Accounts
for the year ended 31 August 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 (as applied to small entities by section 1A of the standard).

	Turnover
	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			2		2


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 September 2025					4,000
	At 31 August 2026					4,000

	Amortisation
	At 1 September 2025					4,000
	At 31 August 2026					4,000

	Net book value
	At 31 August 2026					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant and machinery etc		Fixtures & Fittings		Total
£			£		£
	Cost
	At 1 September 2025	21,779		8,000		29,779
	At 31 August 2026	21,779		8,000		29,779

	Depreciation
	At 1 September 2025	21,779		8,000		29,779
	At 31 August 2026	21,779		8,000		29,779

	Net book value
	At 31 August 2026	-		-		-


5	Debtors			2026		2025
£					£

	Trade debtors			2,218		1,340
	Other debtors			8,876		7,349
				11,094		8,689


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Taxation and social security costs			11,437		17,872
	Other creditors			810		810
				12,247		18,682


7	Other information

	Studio Scribbles Limited is a private company limited by shares and incorporated in England. Its registered office is:

	Victoria House Studio Scribbles
	2 Park Lane
	Newmarket
	Suffolk
	CB8 8AX