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Company Registration No. 14251969 (England and Wales)
Studio Augusto Limited Unaudited accounts for the year ended 31 July 2023
Studio Augusto Limited Unaudited accounts Contents
Page
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Studio Augusto Limited Company Information for the year ended 31 July 2023
Director
Nginamau Francisco Augusto
Company Number
14251969 (England and Wales)
Registered Office
DENMARK HOUSE 143 HIGH STREET CHALFONT ST. PETER GERRARDS CROSS SL9 9QL ENGLAND
Accountants
Lane Accounting Limited Denmark House 143 High Street Chalfont St Peter Bucks SL9 9QL
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Studio Augusto Limited Statement of financial position as at 31 July 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
15,606 
Current assets
Debtors
2,580 
Cash at bank and in hand
17,037 
19,617 
Creditors: amounts falling due within one year
(35,190)
Net current liabilities
(15,573)
Net assets
33 
Capital and reserves
Called up share capital
10 
Profit and loss account
23 
Shareholders' funds
33 
For the year ending 31 July 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 11 April 2024 and were signed on its behalf by
Nginamau Francisco Augusto Director Company Registration No. 14251969
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Studio Augusto Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Studio Augusto Limited is a private company, limited by shares, registered in England and Wales, registration number 14251969. The registered office is DENMARK HOUSE 143 HIGH STREET, CHALFONT ST. PETER, GERRARDS CROSS, SL9 9QL, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% of cost per annum
Computer equipment
25% of cost per annum
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2022
- 
Additions
19,508 
At 31 July 2023
19,508 
Depreciation
Charge for the year
3,902 
At 31 July 2023
3,902 
Net book value
At 31 July 2023
15,606 
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Studio Augusto Limited Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
2,580 
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
2,026 
Trade creditors
891 
Loans from directors
30,613 
Accruals
1,660 
35,190 
7
Share capital
2023 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
Shares issued during the period:
10 Ordinary shares of £1 each
10 
8
Loans to directors
At the 31st July 2023 Mr Augusto was owed £30,613 by the company. This was an interest free loan repayable on demand.
9
Average number of employees
During the year the average number of employees was 1.
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