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REGISTERED NUMBER: 08129708 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

RISE DESIGN STUDIO LIMITED

RISE DESIGN STUDIO LIMITED (REGISTERED NUMBER: 08129708)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023




Page

Statement of Financial Position 1


RISE DESIGN STUDIO LIMITED (REGISTERED NUMBER: 08129708)

STATEMENT OF FINANCIAL POSITION
31 July 2023

31.7.23 31.7.22
£    £    £    £   
FIXED ASSETS 1,622 2,354

CURRENT ASSETS 187,574 197,429

CREDITORS
Amounts falling due within one year (166,843 ) (115,070 )
NET CURRENT ASSETS 20,731 82,359
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,353

84,713

CREDITORS
Amounts falling due after more than one
year

69,333

78,997
NET (LIABILITIES)/ASSETS (46,980 ) 5,716

CAPITAL AND RESERVES (46,980 ) 5,716

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Rise Design Studio Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08129708

Registered office: Langley House
Park Road
East Finchley
London
N2 8EY

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 5 (2022 - 8 ) .

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
S R Hill
Balance outstanding at start of year 126,199 96,466
Amounts advanced 24,534 69,789
Amounts repaid (20,957 ) (40,056 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 129,776 126,199

RISE DESIGN STUDIO LIMITED (REGISTERED NUMBER: 08129708)

STATEMENT OF FINANCIAL POSITION - continued
31 July 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

During the year the company made advances to the director and these were repayable on demand. The company charged interest of £2,290 at official HMRC rates.



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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2024 and were signed on its behalf by:





S R Hill - Director