1 February 2022 false No description of principal activity Taxfiler 2023.9.1 13112833business:PrivateLimitedCompanyLtd2022-02-012023-01-31 131128332022-01-31 131128332022-02-012023-01-31 13112833business:AuditExemptWithAccountantsReport2022-02-012023-01-31 13112833business:FilletedAccounts2022-02-012023-01-31 131128332023-01-31 131128332022-01-31 13112833core:WithinOneYear2023-01-31 13112833core:WithinOneYear2022-01-31 13112833core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 13112833core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 13112833core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 13112833core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 13112833core:PreviouslyStatedAmount2023-01-31 13112833core:PreviouslyStatedAmount2022-01-31 13112833business:SmallEntities2022-02-012023-01-31 13112833business:Director12022-02-012023-01-31 13112833countries:EnglandWales2022-02-012023-01-31 13112833business:RegisteredOffice2022-02-012023-01-31 13112833core:FurnitureFittings2022-02-012023-01-31 13112833core:ComputerEquipment2022-02-012023-01-31 13112833core:FurnitureFittings2022-01-31 13112833core:ComputerEquipment2022-01-31 13112833core:FurnitureFittings2023-01-31 13112833core:ComputerEquipment2023-01-31 131128332021-01-052022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 13112833 (England and Wales)
Studio TW Limited Unaudited accounts for the year ended 31 January 2023
Studio TW Limited Unaudited accounts Contents
Page
- 2 -
Studio TW Limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,497 
3,227 
Current assets
Debtors
- 
20,547 
Cash at bank and in hand
102,518 
78,509 
102,518 
99,056 
Creditors: amounts falling due within one year
(24,642)
(24,011)
Net current assets
77,876 
75,045 
Net assets
85,373 
78,272 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
85,372 
78,271 
Shareholders' funds
85,373 
78,272 
For the year ending 31 January 2023 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 director acknowledges his 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 and authorised for issue on 8 September 2023 and were signed on its behalf by
Thomas Oliver Winslade Director Company Registration No. 13112833
- 3 -
Studio TW Limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Studio TW Limited is a private company, limited by shares, registered in England and Wales, registration number 13112833. The registered office is 104 Manor Gardens, Warminster, BA12 8PW, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Fixtures & fittings
25% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
1,479 
1,899 
3,378 
Additions
3,097 
2,450 
5,547 
At 31 January 2023
4,576 
4,349 
8,925 
Depreciation
At 1 February 2022
125 
26 
151 
Charge for the year
594 
683 
1,277 
At 31 January 2023
719 
709 
1,428 
Net book value
At 31 January 2023
3,857 
3,640 
7,497 
At 31 January 2022
1,354 
1,873 
3,227 
- 4 -
Studio TW Limited Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
20,547 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
14,676 
20,063 
Other creditors
9,343 
3,637 
Loans from directors
623 
311 
24,642 
24,011 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 5 -