Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-2811The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2022-03-01falseNo description of principal activitytrue 13224591 2022-03-01 2023-02-28 13224591 2021-02-25 2022-02-28 13224591 2023-02-28 13224591 2022-02-28 13224591 c:Director1 2022-03-01 2023-02-28 13224591 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-28 13224591 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-02-28 13224591 d:CurrentFinancialInstruments 2023-02-28 13224591 d:CurrentFinancialInstruments 2022-02-28 13224591 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13224591 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 13224591 d:ShareCapital 2023-02-28 13224591 d:ShareCapital 2022-02-28 13224591 d:RetainedEarningsAccumulatedLosses 2023-02-28 13224591 d:RetainedEarningsAccumulatedLosses 2022-02-28 13224591 c:FRS102 2022-03-01 2023-02-28 13224591 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 13224591 c:FullAccounts 2022-03-01 2023-02-28 13224591 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 13224591 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 13224591










STUDIO RAFFIN LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
STUDIO RAFFIN LIMITED
REGISTERED NUMBER: 13224591

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
8,083
9,083

  
8,083
9,083

Current assets
  

Debtors: amounts falling due within one year
 5 
275
115

Cash at bank and in hand
 6 
7,803
3,998

  
8,078
4,113

Creditors: amounts falling due within one year
 7 
(33,367)
(23,292)

Net current liabilities
  
 
 
(25,289)
 
 
(19,179)

Total assets less current liabilities
  
(17,206)
(10,096)

  

Net liabilities
  
(17,206)
(10,096)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(17,306)
(10,196)

  
(17,206)
(10,096)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 November 2023.




C N Bickle
Page 1

 
STUDIO RAFFIN LIMITED
REGISTERED NUMBER: 13224591
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2023

Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
STUDIO RAFFIN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Studio Raffin Limited is a private company limited by shares, Company number 13224591  and incorporated in England and Wales. The registered address of the Company is 10 Queen Street Place, London, United Kingdom, EC4R 1AG.
 The principal activity of the Company is interior design and renovation.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has reviewed the Company's liabilities over the next 12 months and considers the business to be a going concern. They will continue to support the Company as required along with steps taken by management to ensure that all financial commitments can be met when they fall due.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.

Page 3

 
STUDIO RAFFIN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


     28 February
     Period ended
      28 February
        2023
        2022
            No.
            No.







Directors
1
1


4.


Intangible assets



Branding and website

£



Cost


At 1 March 2022
10,000



At 28 February 2023

10,000



Amortisation


At 1 March 2022
917


Charge for the year on owned assets
1,000



At 28 February 2023

1,917



Net book value



At 28 February 2023
8,083




5.


Debtors

2023
2022
£
£


Other debtors
275
115


Page 4

 
STUDIO RAFFIN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
7,802
3,998



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,380
7,902

Other creditors
29,382
12,990

Accruals and deferred income
2,605
2,400

33,367
23,292



8.


Related party transactions

Included within other creditors is £29,382 (2022 - £12,990) due to the director. This balance is interest free and repayable on demand.

 
Page 5