Company Registration No. 16270622 (England and Wales)
Core Compass Studios Ltd
Unaudited accounts
for the year ended 28 February 2026
Core Compass Studios Ltd
Unaudited accounts
Contents
Core Compass Studios Ltd
Company Information
for the year ended 28 February 2026
Directors
Jade Gabrielle Williams
Amber Caprice Williams
Company Number
16270622 (England and Wales)
Registered Office
Office 42
IMEX Business Centre
Oxleasow Road
Redditch
Worcs
B98 0RE
United Kingdom
Accountants
AC Counts & Services Ltd
Office 42
Imex Business Centre, Oxleasow Road
Redditch
Worcestershire
B98 0RE
Core Compass Studios Ltd
Statement of financial position
as at 28 February 2026
Cash at bank and in hand
53,542
Creditors: amounts falling due within one year
(21,249)
Total assets less current liabilities
51,569
Creditors: amounts falling due after more than one year
(13,832)
Profit and loss account
37,737
Shareholders' funds
37,737
For the year ending 28 February 2026 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by
Jade Gabrielle Williams
Director
Company Registration No. 16270622
Core Compass Studios Ltd
Notes to the Accounts
for the year ended 28 February 2026
Core Compass Studios Ltd is a private company, limited by shares, registered in England and Wales, registration number 16270622. The registered office is Office 42, IMEX Business Centre, Oxleasow Road, Redditch, Worcs, B98 0RE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line Method
Fixtures & fittings
10% Straight Line Method
Computer equipment
25% Straight Line Method
The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.
Core Compass Studios Ltd
Notes to the Accounts
for the year ended 28 February 2026
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
10,611
10,254
2,078
22,943
At 28 February 2026
10,611
10,254
2,078
22,943
Charge for the year
2,123
1,024
520
3,667
At 28 February 2026
2,123
1,024
520
3,667
At 28 February 2026
8,488
9,230
1,558
19,276
5
Creditors: amounts falling due within one year
2026
Taxes and social security
8,951
Loans from directors
2,447
6
Creditors: amounts falling due after more than one year
2026
7
Average number of employees
During the year the average number of employees was 0.