Registered number: 06837582 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
Prepared By: | ||||||||
Tobin Associates Limited |
UPPER STUDIO LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Mr Peter Gay | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 06837582 | ||||||||
ACCOUNTANTS | ||||||||
Tobin Associates Limited |
UPPER STUDIO LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
UPPER STUDIO LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
479,493 | 330,101 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 195,717 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 168,667 | 214,667 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 210,302 | 49,361 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
UPPER STUDIO LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 15% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
UPPER STUDIO LTD | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Plant and | Fixtures | |||||
Machinery | and Fittings | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 April 2022 | 194,149 | 34,545 | 228,694 | |||
Additions | 9,095 | - | 9,095 | |||
At 31 March 2023 | 203,244 | 34,545 | 237,789 | |||
Depreciation | ||||||
At 1 April 2022 | 136,332 | 23,951 | 160,283 | |||
For the year | 16,728 | 1,589 | 18,317 | |||
At 31 March 2023 | 153,060 | 25,540 | 178,600 | |||
Net Book Amounts | ||||||
At 31 March 2023 | 59,189 | |||||
At 31 March 2022 | 68,411 | |||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 300,961 | 130,385 | ||||||
Other debtors | 18,919 | - | ||||||
319,880 | 130,385 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 94,505 | 48,646 | ||||||
VAT | 17,301 | 38,478 | ||||||
PAYE control | 5,335 | - | ||||||
Salaries and wages control | 2,081 | - | ||||||
Hire purchase | 29,768 | 39,467 | ||||||
Trade creditors | 470 | 470 | ||||||
Other creditors | 10,153 | 7,323 | ||||||
159,613 | 134,384 | |||||||
UPPER STUDIO LTD | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 168,667 | 214,667 | ||||||
168,667 | 214,667 | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||