Company registration number: 03986089
Unaudited financial statements
for the year ended 28 February 2025
for
The Stage Door Southampton Ltd
Pages for filing with the Registrar
Company registration number: 03986089
The Stage Door Southampton Ltd
Balance sheet
as at 28 February 2025
28 Feb 25 28 Feb 24
Note £ £ £ £
Fixed assets
Intangible assets 4 46,000 53,500
Tangible assets 5 67,073 77,551
113,073 131,051
Current assets
Stocks 2,000 2,000
Debtors 26,273 4,898
Cash at bank and in hand 83,663 114,038
111,936 120,936
Creditors: amounts falling due within one
year 		(769,063) (755,673)
Net current liabilities (657,127) (634,737)
Total assets less current liabilities (544,054) (503,686)
Creditors: Amounts falling due after more
than one year 		(18,585) (29,584)
NET LIABILITIES (562,639) (533,270)
Capital and reserves
Called up share capital 99,500 99,500
Profit and loss account (662,139) (632,770)
TOTAL EQUITY (562,639) (533,270)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 03986089
The Stage Door Southampton Ltd
Balance sheet - continued
as at 28 February 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 17 November 2025 and signed on its behalf by:
J Watling-McCarthy, Director
17 November 2025
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The Stage Door Southampton Ltd
Notes to the financial statements
for the year ended 28 February 2025
1 Company information
The Stage Door Southampton Ltd is a private company registered in England and Wales. Its registered number is 03986089. The company is limited by shares. Its registered office is 78 West Marlands Road, Southampton, SO14 7FW.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Leasehold improvements - 10% straight line
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Fixtures and fittings - 15% reducing balance
Computer equipment - 15% reducing balance
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The Stage Door Southampton Ltd
Notes to the financial statements - continued
for the year ended 28 February 2025
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 8 (2024 - 6).
4 Intangible assets
Goodwill
£
Cost
At 29 February 2024 75,000
At 28 February 2025 75,000
Amortisation
At 29 February 2024 21,500
Charge for year 7,500
At 28 February 2025 29,000
Net book value
At 28 February 2025 46,000
At 28 February 2024 53,500
4
The Stage Door Southampton Ltd
Notes to the financial statements - continued
for the year ended 28 February 2025
5 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 29 February 2024 10,246 204,464 214,710
Additions - 1,014 1,014
At 28 February 2025 10,246 205,478 215,724
Depreciation
At 29 February 2024 1,272 135,887 137,159
Charge for year 1,025 10,467 11,492
At 28 February 2025 2,297 146,354 148,651
Net book value
At 28 February 2025 7,949 59,124 67,073
At 28 February 2024 8,974 68,577 77,551
6 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the periods ended 28 February 2025 and 28 February 2024.
28 Feb 25 28 Feb 24
£ £
Julianne Watling-McCarthy
Balance outstanding at start of year (739,164) (739,176)
Amounts advanced 58,642 12
Amounts repaid (45,742) -
Balance outstanding at end of year (726,264) (739,164)
28 Feb 25 28 Feb 24
£ £
Jason David Watling-McCarthy
Amounts repaid (23,400) -
Balance outstanding at end of year (23,400) -
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The Stage Door Southampton Ltd
Notes to the financial statements - continued
for the year ended 28 February 2025
7 Share capital
Share Capital

The issued share capital of the company is as follows:

99,500 ordinary shares at the nominal value of £1

All shares are fully paid. Each ordinary share carries one vote and is entitled to dividends.
8 Debtors: Amounts falling due within one year:
Trade debtors: £500 (2024: £nil)
Other debtors: £4,810 (2024: £4,898)
TTR Tax credit: £20,963 (2024: £nil)
9 Creditors: Amounts falling due within one year:
Trade creditors: £851 (2024: £2,122)
Bank loans: £6,109 (2024: £nil)
Other taxation and social security: £10,490 (2024: £10,418)
Other creditors: £751,614 (2024: £743,134)
10 Creditors: amounts falling due after more than one year:
Bank loans and overdrafts: £18,585 (2024: £29,584)
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