Company Registration No. 10350848 (England and Wales)
Studio Hudson Ltd
Unaudited accounts
for the year ended 31 August 2023
Studio Hudson Ltd
Unaudited accounts
Contents
Studio Hudson Ltd
Company Information
for the year ended 31 August 2023
Company Number
10350848 (England and Wales)
Registered Office
2 WILMAN ROAD
TUNBRIDGE WELLS
KENT
TN4 9AJ
Studio Hudson Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
5,243
6,230
Cash at bank and in hand
72,968
21,711
Creditors: amounts falling due within one year
(51,489)
(28,816)
Net current assets
77,478
33,367
Total assets less current liabilities
82,721
39,597
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
82,420
39,437
Shareholders' funds
82,520
39,537
For the year ending 31 August 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 27 March 2023 and were signed on its behalf by
Ian Hudson
Director
Company Registration No. 10350848
Studio Hudson Ltd
Notes to the Accounts
for the year ended 31 August 2023
Studio Hudson Ltd is a private company, limited by shares, registered in England and Wales, registration number 10350848. The registered office is 2 WILMAN ROAD, TUNBRIDGE WELLS, KENT, TN4 9AJ.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% on cost
Computer equipment
33% on reducing balance
Other tangible fixed assets
33% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Studio Hudson Ltd
Notes to the Accounts
for the year ended 31 August 2023
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
14,774
4,555
6,024
25,353
At 31 August 2023
14,774
5,443
6,024
26,241
At 1 September 2022
8,862
4,555
5,706
19,123
Charge for the year
1,477
293
105
1,875
At 31 August 2023
10,339
4,848
5,811
20,998
At 31 August 2023
4,435
595
213
5,243
At 31 August 2022
5,912
-
318
6,230
Amounts falling due within one year
Trade debtors
20,499
5,472
Other debtors
35,500
35,000
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,611
3,401
Taxes and social security
30,437
17,806
Loans from directors
11,161
2,721
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Average number of employees
During the year the average number of employees was 1 (2022: 1).