Company Registration No. 12966445 (England and Wales)
STUDIO 11 INNOVATIONS LTD
Unaudited accounts
for the year ended 31 October 2023
STUDIO 11 INNOVATIONS LTD
Unaudited accounts
Contents
STUDIO 11 INNOVATIONS LTD
Company Information
for the year ended 31 October 2023
Company Number
12966445 (England and Wales)
Registered Office
3 BRINDLEY PLACE
BIRMINGHAM
B1 2JB
ENGLAND
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
STUDIO 11 INNOVATIONS LTD
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
30
23
Creditors: amounts falling due within one year
(19,235)
(16,499)
Net current liabilities
(16,205)
(13,476)
Net liabilities
(16,205)
(13,476)
Called up share capital
100
100
Profit and loss account
(16,305)
(13,576)
Shareholders' funds
(16,205)
(13,476)
For the year ending 31 October 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 20 March 2024 and were signed on its behalf by
Linda Rabone
Director
Company Registration No. 12966445
STUDIO 11 INNOVATIONS LTD
Notes to the Accounts
for the year ended 31 October 2023
STUDIO 11 INNOVATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12966445. The registered office is 3 BRINDLEY PLACE, BIRMINGHAM, B1 2JB, ENGLAND.
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.
4
Creditors: amounts falling due within one year
2023
2022
Loans from directors
18,659
15,689
5
Transactions with related parties
During the year, the company received a loan amounting to £18659 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).