IRIS Accounts Production v23.1.0.753 10195333 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure101953332022-05-31101953332023-05-31101953332022-06-012023-05-31101953332021-05-31101953332021-06-012022-05-31101953332022-05-3110195333ns15:EnglandWales2022-06-012023-05-3110195333ns14:PoundSterling2022-06-012023-05-3110195333ns10:Director12022-06-012023-05-3110195333ns10:PrivateLimitedCompanyLtd2022-06-012023-05-3110195333ns10:SmallEntities2022-06-012023-05-3110195333ns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3110195333ns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3110195333ns10:SmallCompaniesRegimeForAccounts2022-06-012023-05-3110195333ns10:FullAccounts2022-06-012023-05-3110195333ns10:OrdinaryShareClass12022-06-012023-05-3110195333ns10:Director22022-06-012023-05-3110195333ns10:RegisteredOffice2022-06-012023-05-3110195333ns5:CurrentFinancialInstruments2023-05-3110195333ns5:CurrentFinancialInstruments2022-05-3110195333ns5:ShareCapital2023-05-3110195333ns5:ShareCapital2022-05-3110195333ns5:RetainedEarningsAccumulatedLosses2023-05-3110195333ns5:RetainedEarningsAccumulatedLosses2022-05-3110195333ns5:FurnitureFittings2022-06-012023-05-3110195333ns5:MotorVehicles2022-06-012023-05-3110195333ns5:ComputerEquipment2022-06-012023-05-3110195333ns5:FurnitureFittings2022-05-3110195333ns5:MotorVehicles2022-05-3110195333ns5:ComputerEquipment2022-05-3110195333ns5:FurnitureFittings2023-05-3110195333ns5:MotorVehicles2023-05-3110195333ns5:ComputerEquipment2023-05-3110195333ns5:FurnitureFittings2022-05-3110195333ns5:MotorVehicles2022-05-3110195333ns5:ComputerEquipment2022-05-3110195333ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3110195333ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3110195333ns10:OrdinaryShareClass12023-05-3110195333ns5:RetainedEarningsAccumulatedLosses2022-05-3110195333ns5:RetainedEarningsAccumulatedLosses2022-06-012023-05-31
REGISTERED NUMBER: 10195333 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

PiM.studio Architects Limited

PiM.studio Architects Limited (Registered number: 10195333)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PiM.studio Architects Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: M Mucciola
Mrs M C Piccinelli





REGISTERED OFFICE: 52 Barbrook House
Chatham Place
London
E9 6PE





REGISTERED NUMBER: 10195333 (England and Wales)





ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA

PiM.studio Architects Limited (Registered number: 10195333)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,197 9,986

CURRENT ASSETS
Debtors 5 899 140
Cash at bank 27,660 45,554
28,559 45,694
CREDITORS
Amounts falling due within one year 6 1,867 3,807
NET CURRENT ASSETS 26,692 41,887
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,889

51,873

PROVISIONS FOR LIABILITIES 1,669 1,897
NET ASSETS 48,220 49,976

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 48,120 49,876
SHAREHOLDERS' FUNDS 48,220 49,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PiM.studio Architects Limited (Registered number: 10195333)

Balance Sheet - continued
31 May 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 February 2024 and were signed on its behalf by:





M Mucciola - Director


PiM.studio Architects Limited (Registered number: 10195333)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

PiM.studio Architects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
Bicycle - 33% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

PiM.studio Architects Limited (Registered number: 10195333)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings Bicycle equipment Totals
£    £    £    £   
COST
At 1 June 2022 13,513 248 11,128 24,889
Additions 24,004 - 803 24,807
At 31 May 2023 37,517 248 11,931 49,696
DEPRECIATION
At 1 June 2022 6,209 226 8,468 14,903
Charge for year 10,435 7 1,154 11,596
At 31 May 2023 16,644 233 9,622 26,499
NET BOOK VALUE
At 31 May 2023 20,873 15 2,309 23,197
At 31 May 2022 7,304 22 2,660 9,986

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 790 -
Prepayments 109 140
899 140

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Social security and other taxes (755 ) (755 )
VAT 712 1,995
Directors' current accounts 1,910 2,567
1,867 3,807

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
100 Ordinary shares 1 100 100

PiM.studio Architects Limited (Registered number: 10195333)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. RESERVES
Retained
earnings
£   

At 1 June 2022 49,876
Profit for the year 2,244
Dividends (4,000 )
At 31 May 2023 48,120