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REGISTERED NUMBER: 07849554 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

BOARDWALK STUDIO LTD

BOARDWALK STUDIO LTD (REGISTERED NUMBER: 07849554)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


BOARDWALK STUDIO LTD (REGISTERED NUMBER: 07849554)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,695 24,559

CURRENT ASSETS
Debtors 5 122,020 167,434
Cash at bank and in hand 306,396 259,883
428,416 427,317
CREDITORS
Amounts falling due within one year 6 148,430 174,605
NET CURRENT ASSETS 279,986 252,712
TOTAL ASSETS LESS CURRENT
LIABILITIES

302,681

277,271

CREDITORS
Amounts falling due after more than one year 7 (24,106 ) (33,518 )

PROVISIONS FOR LIABILITIES (4,310 ) (4,666 )
NET ASSETS 274,265 239,087

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 274,165 238,987
SHAREHOLDERS' FUNDS 274,265 239,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BOARDWALK STUDIO LTD (REGISTERED NUMBER: 07849554)

BALANCE SHEET - continued
31 JANUARY 2023


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.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2023 and were signed on its behalf by:





S O'Donnell - Director


BOARDWALK STUDIO LTD (REGISTERED NUMBER: 07849554)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

Boardwalk Studio Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07849554

Registered office: Rhodesia House
52 Princess Street
Manchester
M1 6JX

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 net invoiced sales of goods or services, excluding value added tax, and is recognised when the services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% straight line

Taxation
Taxation for the year comprises current and deferred tax. 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 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.

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.

BOARDWALK STUDIO LTD (REGISTERED NUMBER: 07849554)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2022 6,762 112,133 118,895
Additions 1,625 6,338 7,963
At 31 January 2023 8,387 118,471 126,858
DEPRECIATION
At 1 February 2022 4,304 90,032 94,336
Charge for year 546 9,281 9,827
At 31 January 2023 4,850 99,313 104,163
NET BOOK VALUE
At 31 January 2023 3,537 19,158 22,695
At 31 January 2022 2,458 22,101 24,559

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 91,842 133,990
Other debtors 30,178 33,444
122,020 167,434

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 3,446 35,133
Taxation and social security 124,943 120,593
Other creditors 9,393 8,231
148,430 174,605

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 24,106 33,518

BOARDWALK STUDIO LTD (REGISTERED NUMBER: 07849554)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


8. OTHER FINANCIAL COMMITMENTS

The company had outstanding commitments in respect of operating leases at 31 January 2023 of £84,540 (2022: £112,720).

9. ULTIMATE CONTROLLING PARTY

The company is controlled by it's directors, by virtue of the fact that they own all of the company's ordinary share capital.