Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-04-01falseNo description of principal activity22 11577497 2022-04-01 2023-03-31 11577497 2021-04-01 2022-03-31 11577497 2023-03-31 11577497 2022-03-31 11577497 c:Director1 2022-04-01 2023-03-31 11577497 d:CurrentFinancialInstruments 2023-03-31 11577497 d:CurrentFinancialInstruments 2022-03-31 11577497 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11577497 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 11577497 d:ShareCapital 2023-03-31 11577497 d:ShareCapital 2022-03-31 11577497 d:RetainedEarningsAccumulatedLosses 2023-03-31 11577497 d:RetainedEarningsAccumulatedLosses 2022-03-31 11577497 c:OrdinaryShareClass1 2022-04-01 2023-03-31 11577497 c:OrdinaryShareClass1 2023-03-31 11577497 c:OrdinaryShareClass1 2022-03-31 11577497 c:FRS102 2022-04-01 2023-03-31 11577497 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 11577497 c:FullAccounts 2022-04-01 2023-03-31 11577497 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11577497









GENT STUDIO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
GENT STUDIO LIMITED
REGISTERED NUMBER: 11577497

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Cash at bank and in hand
 4 
45
41

  
45
41

Creditors: amounts falling due within one year
 5 
(45,694)
(45,044)

Net current liabilities
  
 
 
(45,649)
 
 
(45,003)

Total assets less current liabilities
  
(45,649)
(45,003)

  

Net liabilities
  
(45,649)
(45,003)


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(45,650)
(45,004)

  
(45,649)
(45,003)


Page 1

 
GENT STUDIO LIMITED
REGISTERED NUMBER: 11577497
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The directors consider 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 directors acknowledge their 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 3 January 2024.




Jonathan Gent
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
GENT STUDIO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Gent Studio Limited is a company limited by shares incorporated in England and Wales (company number: 11577497). Its registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

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 financial statements have been prepared on the going concern basis. The company is dependent on the directors and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months.
As at 31 March 2023, the company had net liabilities. The directors and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence and on this basis the director considers it appropriate to prepare the financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholders.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
GENT STUDIO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
45
41

45
41



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
43,294
43,244

Accruals and deferred income
2,400
1,800

45,694
45,044



6.


Share capital

2023
2022
£
£
Allotted, called up and partly paid



1 (2022 - 1) Ordinary share of £1.00
1
1


Page 4