IRIS Accounts Production v23.1.0.753 11168027 director 1.2.22 31.1.23 31.1.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure111680272022-01-31111680272023-01-31111680272022-02-012023-01-31111680272021-01-31111680272021-02-012022-01-31111680272022-01-3111168027ns15:EnglandWales2022-02-012023-01-3111168027ns14:PoundSterling2022-02-012023-01-3111168027ns10:Director12022-02-012023-01-3111168027ns10:PrivateLimitedCompanyLtd2022-02-012023-01-3111168027ns10:SmallEntities2022-02-012023-01-3111168027ns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3111168027ns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3111168027ns10:SmallCompaniesRegimeForAccounts2022-02-012023-01-3111168027ns10:FullAccounts2022-02-012023-01-3111168027ns10:OrdinaryShareClass12022-02-012023-01-3111168027ns10:RegisteredOffice2022-02-012023-01-3111168027ns5:CurrentFinancialInstruments2023-01-3111168027ns5:CurrentFinancialInstruments2022-01-3111168027ns5:ShareCapital2023-01-3111168027ns5:ShareCapital2022-01-3111168027ns5:RetainedEarningsAccumulatedLosses2023-01-3111168027ns5:RetainedEarningsAccumulatedLosses2022-01-3111168027ns5:ComputerEquipment2022-02-012023-01-3111168027ns5:ComputerEquipment2022-01-3111168027ns5:ComputerEquipment2023-01-3111168027ns5:ComputerEquipment2022-01-3111168027ns10:OrdinaryShareClass12023-01-31
REGISTERED NUMBER: 11168027 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

MOLLER STUDIO LIMITED

MOLLER STUDIO LIMITED (REGISTERED NUMBER: 11168027)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOLLER STUDIO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: Mrs R Stearn





REGISTERED OFFICE: Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT





REGISTERED NUMBER: 11168027 (England and Wales)





ACCOUNTANTS: Astral Accountancy Services Limited
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT

MOLLER STUDIO LIMITED (REGISTERED NUMBER: 11168027)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,808 1,988

CURRENT ASSETS
Stocks - 3,540
Debtors 5 571 -
Cash at bank 16,448 18,725
17,019 22,265
CREDITORS
Amounts falling due within one year 6 4,184 4,609
NET CURRENT ASSETS 12,835 17,656
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,643

19,644

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 15,543 19,544
SHAREHOLDERS' FUNDS 15,643 19,644

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 director acknowledges her 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2023 and were signed by:





Mrs R Stearn - Director


MOLLER STUDIO LIMITED (REGISTERED NUMBER: 11168027)

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

1. STATUTORY INFORMATION

Moller Studio Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Significant judgements and estimates
The preparation of financial statements requires the use of certain accounting estimates. It also requires management to exercise its judgement in the process of applying accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, and disclosed in the accounting policies below.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue for the provision of services is recognised when it is possible that an economic benefit will flow to the entity and the Revenue costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 substantively enacted by the balance sheet date.


MOLLER STUDIO LIMITED (REGISTERED NUMBER: 11168027)

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

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2022 4,285
Additions 2,203
At 31 January 2023 6,488
DEPRECIATION
At 1 February 2022 2,297
Charge for year 1,383
At 31 January 2023 3,680
NET BOOK VALUE
At 31 January 2023 2,808
At 31 January 2022 1,988

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 571 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 924 925
Directors' current accounts 2,760 3,184
Accruals and deferred income 500 500
4,184 4,609

MOLLER STUDIO LIMITED (REGISTERED NUMBER: 11168027)

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

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100