STUDIOSTAND LIMITED

Company Registration Number:
07537822 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

STUDIOSTAND LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

STUDIOSTAND LIMITED

Company Information

for the Period Ended 28 February 2023




Director: MATTEO BORSETTI
Registered office: 5-7
Tanner Street
London
England
SE1 3LE
Company Registration Number: 07537822 (England and Wales)

STUDIOSTAND LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

82301 - Activities of exhibition and fair organisers

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
MATTEO BORSETTI

This report was approved by the board of directors on 18 November 2023
And Signed On Behalf Of The Board By:

Name: MATTEO BORSETTI
Status: Director

STUDIOSTAND LIMITED

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 7,164 7,213
Cost of sales ( 4,890 ) ( 3,433 )
Gross Profit or (Loss) 2,274 7,018
Income from coronavirus (COVID-19) business support grants 0 3,238
Distribution Costs ( 863 ) ( 470 )
Administrative Expenses ( 3,299 ) ( 2,840 )
Other operating income 1,025 0
Operating Profit or (Loss) ( 863 ) 3,708
Interest Payable and Similar Charges ( 1,110 ) ( 1,144 )
Profit or (Loss) Before Tax ( 1,973 ) 2,564
Tax on Profit ( 487 ) ( 0 )
Profit or (Loss) for Period ( 2,460 ) 2,564

The notes form part of these financial statements

STUDIOSTAND LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,264 1,764
Total fixed assets: 1,264 1,764
Current assets
Stocks: 1,294 500
Debtors: 5 0 0
Cash at bank and in hand: 0 2,500
Total current assets: 1,294 3,000
Net current assets (liabilities): 1,294 3,000
Total assets less current liabilities: 2,558 4,764
Creditors: amounts falling due after more than one year: 6 ( 5,714 ) ( 6,116 )
Total net assets (liabilities): ( 3,156 ) ( 1,352 )

The notes form part of these financial statements

STUDIOSTAND LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 3,256 ) ( 1,452 )
Shareholders funds: ( 3,156 ) ( 1,352 )

For the year ending 28 February 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.

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.

This report was approved by the board of directors on 18 November 2023
And Signed On Behalf Of The Board By:

Name: MATTEO BORSETTI
Status: Director

The notes form part of these financial statements

STUDIOSTAND LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the company act 2006 relating to small companies.
    Directors Responsabilities:
    - The members have not required the company to obtain an audit on its accounts for the year in question in accordance with section 476.
    - The director acknoledges his responsibilities for complying with the requirements of the Act with respect to accounting records preparation of accounts.

    The financial statement have been prepared in accordance with the previsions applicable to companies subject to the small companies regime.

    The financial statement were approved by the board of directors and authorised for issue on, and are signed on behalf of the board by:
    Matteo Borsetti

STUDIOSTAND LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

STUDIOSTAND LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

STUDIOSTAND LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 March 2022 1,764 1,764
Additions - -
Disposals ( 500 ) ( 500 )
Revaluations - -
Transfers - -
At 28 February 2023 1,264 1,264
Depreciation
At 01 March 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 28 February 2023 - -
Net book value
At 28 February 2023 1,264 1,264
At 28 February 2022 1,764 1,764

Company Car was privately sold during this year the rest of the assets are old office equipment

STUDIOSTAND LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

STUDIOSTAND LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 5,714 6,116
Total 5,714 6,116

Instalment debts for Bounce back loan with Bank