2022-02-01 2023-01-31 08355994 STICKY INK STUDIOS LTD false 08355994 2022-02-01 2023-01-31 08355994 uk-bus:Director1 2022-02-01 2023-01-31 08355994 uk-bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 08355994 uk-bus:SmallEntities 2022-02-01 2023-01-31 08355994 uk-bus:FullAccounts 2022-02-01 2023-01-31 08355994 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 08355994 2022-02-01 08355994 2023-01-31 08355994 2022-01-31 xbrli:pure iso4217:GBP 08355994 2021-02-01 2022-01-31
Company Registration Number : 08355994 (England and Wales)
08355994
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-01-31
false
STICKY INK STUDIOS LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-02-01
STICKY INK STUDIOS LTD
Unaudited filleted financial statements
For the year ended 31 January 2023
STICKY INK STUDIOS LTD
Contents
For the year ended 31 January 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


STICKY INK STUDIOS LTD
Company Information
For the year ended 31 January 2023

Company registration number 08355994 (England and Wales)
Directors A L HIBBERD
S P PALMER
Registered office address 43 Albany Street
Newport, S.Wales
Wales
NP20 5NG
UK
Accountant Phil Bessant Limited
Chartered Management Accountants
Agincourt House
14 Clytha Park Rd
Newport
NP20 4PB
UK
STICKY INK STUDIOS LTD
Statement of Financial Position
For the year ended 31 January 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 1,528 2,067
5 1,528 2,067
Current assets
Debtors 18,611 22,523
Cash and cash equivalents 5,751 10,590
24,362 33,113
Current liabilities
Creditors: Amounts falling due within one year (5,465) (5,094)
(5,465) (5,094)
Net current assets/(liabilities) 18,897 28,019
Total assets less current liabilities 20,425 30,086
Non-current liabilities
Creditors: Amounts falling due after more than one year (12,131) (14,094)
Net assets/(liabilities) 8,294 15,992
Capital and reserves
Called up share capital 4 4
Retained earnings 8,290 15,988
Shareholder's funds 8,294 15,992
For the year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 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" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 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 directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 24 October 2023
.............................
A L HIBBERD (Director)
Company registration number: 08355994
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-01-31 31 January 2023
2023 2022
£ £
Fixed Assets 1,528 2,067
Current Assets 24,362 33,113
Creditors: amounts falling due within one year (5,465) (5,094)
Net current assets (liabilities) 18,897 28,019
Total assets less current liabilities 20,425 30,086
CREDITORS: Amounts falling due more than one year (12,131) (13,434)
Accruals and deferred income 0 (660)
Net Assets (liabilities) 8,294 15,992
Capital and Reserves 8,294 15,992
For the year ending 1/31/2023 the company was entitled to exemption 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. For the year ending 31-01-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year 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 accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 24 October 2023 2023-10-13 and signed on behalf of the board,
.............................
A L HIBBERD
Director
Company registration number: 08355994
STICKY INK STUDIOS LTD
Notes to the Financial Statements
For the year ended 31 January 2023

(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 43 Albany Street, Newport, S.Wales, Wales, NP20 5NG.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Rendering of Services
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery25% straight line
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings25% straight line
Equipment
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

(4) Employees
During the year, the average number of employees including director was 2 (2022 : 2).

(5) Fixed assets
Tangible

£
Cost
As at 01 February 202220,531
Additions132
As at 31 January 202320,663
Depreciation/Amortisation
As at 01 February 202218,464
For the year671
As at 31 January 202319,135
Net book value
As at 31 January 20231,528
As at 31 January 20222,067