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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
Page
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Studio Hudson Ltd Company Information for the year ended 31 August 2023
Director
Ian Hudson
Company Number
10350848 (England and Wales)
Registered Office
2 WILMAN ROAD TUNBRIDGE WELLS KENT TN4 9AJ
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Studio Hudson Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,243 
6,230 
Current assets
Debtors
55,999 
40,472 
Cash at bank and in hand
72,968 
21,711 
128,967 
62,183 
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
Deferred tax
(201)
(60)
Net assets
82,520 
39,537 
Capital and reserves
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
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Studio Hudson Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 taxation
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.
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Studio Hudson Ltd Notes to the Accounts for the year ended 31 August 2023
4
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 
Additions
- 
888 
- 
888 
At 31 August 2023
14,774 
5,443 
6,024 
26,241 
Depreciation
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 
Net book value
At 31 August 2023
4,435 
595 
213 
5,243 
At 31 August 2022
5,912 
- 
318 
6,230 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,499 
5,472 
Other debtors
35,500 
35,000 
55,999 
40,472 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
6,280 
4,888 
Trade creditors
3,611 
3,401 
Taxes and social security
30,437 
17,806 
Loans from directors
11,161 
2,721 
51,489 
28,816 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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