Company Registration No. 10047282 (England and Wales)
BORIUM STUDIO LIMITED
Unaudited accounts
for the year ended 31 March 2023
BORIUM STUDIO LIMITED
Unaudited accounts
Contents
BORIUM STUDIO LIMITED
Company Information
for the year ended 31 March 2023
Company Number
10047282 (England and Wales)
Registered Office
Unit 68
Trident Court
1 Oakcroft Road
Chessington
KT9 1BD
United Kingdom
Accountants
FURUICHOI & CO
Chartered Accountants
69 Station Road
Hampton
Greater London
TW12 2BT
BORIUM STUDIO LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
48,204
18,634
Cash at bank and in hand
7,487
1,108
Creditors: amounts falling due within one year
(9,890)
(6,609)
Net current assets
17,181
23,898
Called up share capital
100
1
Profit and loss account
40,285
42,531
Shareholders' funds
65,385
42,532
For the year ending 31 March 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 his 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 22 December 2023 and were signed on its behalf by
Mr KAP SU HAN
Director
Company Registration No. 10047282
BORIUM STUDIO LIMITED
Notes to the Accounts
for the year ended 31 March 2023
BORIUM STUDIO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10047282. The registered office is Unit 68 , Trident Court, 1 Oakcroft Road, Chessington, KT9 1BD, 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.
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.
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
30% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
27,832
-
2,688
30,520
Additions
26,132
9,194
10,787
46,113
At 31 March 2023
53,964
9,194
13,475
76,633
At 1 April 2022
11,483
-
403
11,886
Charge for the year
12,744
1,838
1,961
16,543
At 31 March 2023
24,227
1,838
2,364
28,429
At 31 March 2023
29,737
7,356
11,111
48,204
At 31 March 2022
16,349
-
2,285
18,634
Amounts falling due within one year
Accrued income and prepayments
19,584
29,399
BORIUM STUDIO LIMITED
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
92
1,641
Loans from directors
5,000
-
7
Average number of employees
During the year the average number of employees was 4 (2022: 3).