REGISTERED NUMBER: 11143881 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Studio Synth Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L D O'Neill

REGISTERED OFFICE:

Synth

15 Paternoster Row

Sheffield

S1 2BX

REGISTERED NUMBER:

11143881 (England and Wales)

FIXED ASSETS

Tangible assets

4

7,983

7,054

CURRENT ASSETS

Debtors

5

35,764

87,668

Cash at bank

22,282

22,483

58,046

110,151

CREDITORS

Amounts falling due within one year

6

34,289

23,262

NET CURRENT ASSETS

23,757

86,889

TOTAL ASSETS LESS CURRENT LIABILITIES

31,740

93,943

PROVISIONS FOR LIABILITIES

1,996

1,764

NET ASSETS

29,744

92,179

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

29,644

92,079

SHAREHOLDERS' FUNDS

29,744

92,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 October 2026 and were signed by:

L D O'Neill - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents revenue from contracts with customers for the provision of design services, net of value added tax and trade discounts.

Revenue from design service contracts is recognised over time as the services are provided and is measured by reference to the stage of completion of the contract at the reporting date, when the outcome of the contract can be estimated reliably.

The stage of completion is assessed by reference to work performed to date as a proportion of the total services to be provided under the contract.

Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent of costs incurred that are expected to be recoverable.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated

Plant and machinery etc - 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At the time of approving the financial statements, the director have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and for at least 12 months from the date of approving these financial statements. Thus the director continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

14,721

Additions

4,535

At 31 January 2026

19,256

DEPRECIATION

At 1 February 2025

7,667

Charge for year

3,606

At 31 January 2026

11,273

NET BOOK VALUE

At 31 January 2026

7,983

At 31 January 2025

7,054

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,950

-

Other debtors

33,814

87,668

35,764

87,668

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

1,667

Trade creditors

2,248

2,476

Taxation and social security

28,669

11,671

Other creditors

3,372

7,448

34,289

23,262

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

1

100

100

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

L D O'Neill

Balance outstanding at start of year

76,848

71,714

Amounts advanced

13,357

84,958

Amounts repaid

(84,695

)

(79,824

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,510

76,848

Interest on directors’ advances have been accrued at HMRC's official rate of interest of 3.75%.