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Company Registration No. 10021545 (England and Wales)
Rebalance Studios Ltd Unaudited accounts for the year ended 28 February 2023
Rebalance Studios Ltd Unaudited accounts Contents
Page
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Rebalance Studios Ltd Company Information for the year ended 28 February 2023
Director
Lucy Nickson
Company Number
10021545 (England and Wales)
Registered Office
5 DEVONSHIRE COURT GREEN LANE TRADING ESTATE YORK NORTH YORKSHIRE YO30 5PQ UNITED KINGDOM
Accountants
Stephen Perry & Co 38 York Road Acomb York YO24 4LZ
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Rebalance Studios Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
3,200 
Tangible assets
207 
311 
207 
3,511 
Current assets
Debtors
669 
360 
Cash at bank and in hand
18,521 
13,976 
19,190 
14,336 
Creditors: amounts falling due within one year
(4,109)
(1,604)
Net current assets
15,081 
12,732 
Total assets less current liabilities
15,288 
16,243 
Creditors: amounts falling due after more than one year
(17,590)
(20,000)
Net liabilities
(2,302)
(3,757)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,402)
(3,857)
Shareholders' funds
(2,302)
(3,757)
For the year ending 28 February 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 director acknowledges her 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 and authorised for issue on 27 October 2023 and were signed on its behalf by
Lucy Nickson Director Company Registration No. 10021545
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Rebalance Studios Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Rebalance Studios Ltd is a private company, limited by shares, registered in England and Wales, registration number 10021545. The registered office is 5 DEVONSHIRE COURT, GREEN LANE TRADING ESTATE, YORK, NORTH YORKSHIRE, YO30 5PQ, UNITED KINGDOM.
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
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2022
13,266 
At 28 February 2023
13,266 
Amortisation
At 1 March 2022
10,066 
Charge for the year
3,200 
At 28 February 2023
13,266 
Net book value
At 28 February 2023
- 
At 28 February 2022
3,200 
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Rebalance Studios Ltd Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2022
519 
At 28 February 2023
519 
Depreciation
At 1 March 2022
208 
Charge for the year
104 
At 28 February 2023
312 
Net book value
At 28 February 2023
207 
At 28 February 2022
311 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
660 
360 
Other debtors
9 
- 
669 
360 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
866 
(540)
Other creditors
753 
729 
Loans from directors
173 
233 
Accruals
2,317 
1,182 
4,109 
1,604 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,590 
20,000 
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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