1 January 2025 v2026.41.1 limited_company_frs_102_section_1a_v1_1_4 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsexbrli:purexbrli:sharesiso4217:GBP070094162025-01-012025-12-31070094162025-12-3107009416bus:Director12025-01-012025-12-3107009416bus:Director22025-01-012025-12-3107009416bus:RegisteredOffice2025-01-012025-12-31070094162024-01-012024-12-31070094162024-12-3107009416core:WithinOneYear2025-12-3107009416core:WithinOneYear2024-12-3107009416core:AfterOneYear2025-12-3107009416core:AfterOneYear2024-12-3107009416core:ShareCapital2025-12-3107009416core:ShareCapital2024-12-3107009416core:SharePremium2025-12-3107009416core:SharePremium2024-12-3107009416core:OtherReservesSubtotal2025-12-3107009416core:OtherReservesSubtotal2024-12-3107009416core:RetainedEarningsAccumulatedLosses2025-12-3107009416core:RetainedEarningsAccumulatedLosses2024-12-310700941612025-01-012025-12-3107009416countries:EnglandWales2025-01-012025-12-3107009416bus:AuditExempt-NoAccountantsReport2025-01-012025-12-3107009416bus:PrivateLimitedCompanyLtd2025-01-012025-12-3107009416bus:SmallEntities2025-01-012025-12-3107009416bus:AbridgedAccounts2025-01-012025-12-31
Company registration number:
07009416
BLACK HANGAR STUDIOS LTD
Unaudited Abridged Financial Statements for the year ended
31 December 2025
BLACK HANGAR STUDIOS LTD
Officers and Professional Advisers
Year ended
31 December 2025
Directors
N J Brouet
J Seal
Registered office
Black Hangar Studios
Lasham Airfield
Alton
GU34 5SR
United Kingdom
BLACK HANGAR STUDIOS LTD
Directors' Report
Year ended
31 December 2025
The directors present their report and the unaudited
abridged financial statements
of the company for the year ended 31 December 2025.

Directors

The directors who served the company during the year were as follows:
N J Brouet
J Seal

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
21 September 2026
and signed on behalf of the board by:
J Seal
Director
BLACK HANGAR STUDIOS LTD
Abridged Income Statement
Year ended
31 December 2025
20252024
Note££
Gross profit/(loss)
468,778
 
(21,655
 )
Administrative expenses
(266,308
 )
(149,714
 )
Operating profit/(loss)
202,470
 
(171,369
 )
Other interest receivable and similar income -  
54
 
Interest payable and similar expenses
(2,002
 )
(5,234
 )
Profit/(loss) before tax 3
200,468
 
(176,549
 )
Tax on profit/(loss) -   -  
Profit/(loss) for the financial year
200,468
 
(176,549
 )
BLACK HANGAR STUDIOS LTD
Abridged Statement of Financial Position
31 December 2025
20252024
Note££
Fixed assets    
Tangible assets 5
77,022
  -  
Current assets    
Debtors
378,433
 
403,984
 
Cash at bank and in hand
(630,733
 )
1,647
 
(252,300
 )
405,631
 
Creditors: amounts falling due within one year
(519,502
 )
(1,276,431
 )
Net current liabilities
(771,802
 )
(870,800
 )
Total assets less current liabilities (694,780 ) (870,800 )
Creditors: amounts falling due after more than one year
22,451
 
(17,959
 )
Suspense account (15,962 ) -  
Net liabilities
(688,291
 )
(888,759
 )
Capital and reserves    
Called up share capital
6,870,106
 
6,870,106
 
Share premium
162,888
 
162,888
 
Other reserves
448,838
 
448,838
 
Profit and loss account
(8,170,123
 )
(8,370,591
 )
Shareholders deficit
(688,291
 )
(888,759
 )
For the year ending
31 December 2025
, 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 abridged financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the year ended
31 December 2025
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
21 September 2026
, and are signed on behalf of the board by:
J Seal
Director
Company registration number:
07009416
BLACK HANGAR STUDIOS LTD
Notes to the Abridged Financial Statements
Year ended
31 December 2025

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
Black Hangar Studios
,
Lasham Airfield
,
Alton
,
GU34 5SR
, United Kingdom.

2 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Related party exemption

The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the income statement, 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 subsequently enacted by the balance sheet date.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

3 Profit/loss before tax

Profit/loss before tax is stated after charging/(crediting):
20252024
££
Depreciation of tangible assets
10,725
  -  

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024: nil).

5 Fixed assets

Tangible assets
£
Cost  
At
1 January 2025
 -  
Additions
87,747
 
At
31 December 2025
87,747
 
Depreciation  
At
1 January 2025
 -  
Charge
10,725
 
At
31 December 2025
10,725
 
Carrying amount  
At
31 December 2025
77,022
 
At 31 December 2024 -