Company Registration No. 13919684 (England and Wales)
Collective Acting Studio Ltd
Unaudited accounts
for the year ended 31 August 2023
Collective Acting Studio Ltd
Unaudited accounts
Contents
Collective Acting Studio Ltd
Company Information
for the year ended 31 August 2023
Directors
Mr D J Applewhite-Bailey
Mrs J L Bonfiglio
Mr P A Broughton
Mr O O O Fawole
Dr S P Fry
Mr P S Street
J E Sullivan
Company Number
13919684 (England and Wales)
Registered Office
Flat 11 Apollo Court
188 High Street
London
E15 2FF
England
Accountants
Beckett Taylor Limited
63-66 Hatton Garden
London
EC1N 8LE
Collective Acting Studio Ltd
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
63,320
12,268
Creditors: amounts falling due within one year
(60,298)
(5,126)
Net current assets
14,272
7,142
Total assets less current liabilities
21,969
7,851
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
20,549
7,616
Shareholders' funds
20,649
7,716
For the year ending 31 August 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 30 September 2023 and were signed on its behalf by
Mr P S Street
Director
Company Registration No. 13919684
Collective Acting Studio Ltd
Notes to the Accounts
for the year ended 31 August 2023
Collective Acting Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 13919684. The registered office is Flat 11 Apollo Court, 188 High Street, London, E15 2FF, England.
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.
The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% reducing balance
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Collective Acting Studio Ltd
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
12,500
-
Taxes and social security
4,692
1,828
Loans from directors
29,020
2,500
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).