1 September 2022 false No description of principal activity Taxfiler 2023.10 13919684business:PrivateLimitedCompanyLtd2022-09-012023-08-31 139196842022-08-31 139196842022-09-012023-08-31 13919684business:AuditExemptWithAccountantsReport2022-09-012023-08-31 13919684business:FilletedAccounts2022-09-012023-08-31 139196842023-08-31 13919684business:Director12022-09-012023-08-31 13919684business:Director22022-09-012023-08-31 13919684business:Director32022-09-012023-08-31 13919684business:Director42022-09-012023-08-31 13919684business:Director52022-09-012023-08-31 13919684business:Director62022-09-012023-08-31 13919684business:Director72022-09-012023-08-31 13919684business:RegisteredOffice2022-09-012023-08-31 139196842022-08-31 13919684core:WithinOneYear2023-08-31 13919684core:WithinOneYear2022-08-31 13919684core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 13919684core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 13919684core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 13919684core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 13919684core:PreviouslyStatedAmount2023-08-31 13919684core:PreviouslyStatedAmount2022-08-31 13919684business:SmallEntities2022-09-012023-08-31 13919684countries:EnglandWales2022-09-012023-08-31 13919684core:ComputerEquipment2022-09-012023-08-31 13919684core:ComputerEquipment2022-08-31 13919684core:ComputerEquipment2023-08-31 139196842022-02-162022-08-31 iso4217:GBP xbrli:pure
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
Page
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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
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Collective Acting Studio Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,697 
709 
Current assets
Debtors
11,250 
- 
Cash at bank and in hand
63,320 
12,268 
74,570 
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
Deferred tax
(1,320)
(135)
Net assets
20,649 
7,716 
Capital and reserves
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
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Collective Acting Studio Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
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.
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.
Turnover
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
Financial instruments
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.
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Collective Acting Studio Ltd Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2022
945 
Additions
9,554 
At 31 August 2023
10,499 
Depreciation
At 1 September 2022
236 
Charge for the year
2,566 
At 31 August 2023
2,802 
Net book value
At 31 August 2023
7,697 
At 31 August 2022
709 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,250 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
12,500 
- 
Trade creditors
442 
- 
Taxes and social security
4,692 
1,828 
Loans from directors
29,020 
2,500 
Accruals
13,644 
798 
60,298 
5,126 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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