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Company Registration No. 11325993 (England and Wales)
Ledbury Studio Limited Unaudited accounts for the year ended 30 April 2023
Ledbury Studio Limited Unaudited accounts Contents
Page
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Ledbury Studio Limited Company Information for the year ended 30 April 2023
Directors
N Johnson C Smallbone S Smallbone S Wilkinson B Gatti
Company Number
11325993 (England and Wales)
Registered Office
4 Ledbury Mews North London W11 2AF
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Ledbury Studio Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
135,050 
82,075 
Tangible assets
147,037 
149,710 
282,087 
231,785 
Current assets
Inventories
30,000 
- 
Debtors
81,923 
88,304 
Cash at bank and in hand
161,494 
97,292 
273,417 
185,596 
Creditors: amounts falling due within one year
(404,670)
(295,271)
Net current liabilities
(131,253)
(109,675)
Total assets less current liabilities
150,834 
122,110 
Creditors: amounts falling due after more than one year
(33,854)
(44,918)
Net assets
116,980 
77,192 
Capital and reserves
Called up share capital
279,456 
240,689 
Profit and loss account
(162,476)
(163,497)
Shareholders' funds
116,980 
77,192 
For the year ending 30 April 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 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 of Directors and authorised for issue on 2 November 2023 and were signed on its behalf by
N Johnson Director Company Registration No. 11325993
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Ledbury Studio Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Ledbury Studio Limited is a private company, limited by shares, registered in England and Wales, registration number 11325993. The registered office is 4 Ledbury Mews North, London, W11 2AF.
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.
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:
Plant & machinery
5 years
Fixtures & fittings
4 years
Computer equipment
3 years
Other tangible fixed assets
5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2022
85,125 
Additions
70,000 
At 30 April 2023
155,125 
Amortisation
At 1 May 2022
3,050 
Charge for the year
17,025 
At 30 April 2023
20,075 
Net book value
At 30 April 2023
135,050 
At 30 April 2022
82,075 
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Ledbury Studio Limited Notes to the Accounts for the year ended 30 April 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 May 2022
52,028 
125,759 
24,750 
6,282 
3,761 
212,580 
Additions
- 
25,836 
- 
- 
4,349 
30,185 
At 30 April 2023
52,028 
151,595 
24,750 
6,282 
8,110 
242,765 
Depreciation
At 1 May 2022
24,717 
34,715 
3,438 
- 
- 
62,870 
Charge for the year
10,406 
16,449 
3,249 
1,500 
1,254 
32,858 
At 30 April 2023
35,123 
51,164 
6,687 
1,500 
1,254 
95,728 
Net book value
At 30 April 2023
16,905 
100,431 
18,063 
4,782 
6,856 
147,037 
At 30 April 2022
27,311 
91,044 
21,312 
6,282 
3,761 
149,710 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,282 
5,527 
Other debtors
69,641 
82,777 
81,923 
88,304 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Obligations under finance leases and hire purchase contracts
6,000 
6,000 
Trade creditors
27,818 
110,494 
Taxes and social security
40,852 
46,911 
Loans from directors
20,000 
- 
Accruals
- 
2,208 
Deferred income
300,000 
119,658 
404,670 
295,271 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
29,430 
33,911 
Obligations under finance leases and hire purchase contracts
4,424 
11,007 
33,854 
44,918 
9
Average number of employees
During the year the average number of employees was 6 (2022: 4).
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