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
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
Ledbury Studio Limited
Statement of financial position
as at 30 April 2023
Intangible assets
135,050
82,075
Tangible assets
147,037
149,710
Cash at bank and in hand
161,494
97,292
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)
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
Ledbury Studio Limited
Notes to the Accounts
for the year ended 30 April 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
4 years
Computer equipment
3 years
Other tangible fixed assets
5 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Charge for the year
17,025
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
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
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
Amounts falling due within one year
Trade debtors
12,282
5,527
Other debtors
69,641
82,777
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
-
Deferred income
300,000
119,658
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
4,424
11,007
9
Average number of employees
During the year the average number of employees was 6 (2022: 4).