Company Registration No. 12837050 (England and Wales)
Redefine Studio Ltd
Unaudited accounts
for the year ended 31 August 2023
Redefine Studio Ltd
Unaudited accounts
Contents
Redefine Studio Ltd
Company Information
for the year ended 31 August 2023
Directors
T G Woollam
G Woollam
Company Number
12837050 (England and Wales)
Registered Office
Static Complex
9-23 Roscoe Lane
Liverpool
L1 9JD
Accountants
Townley & Co Limited
Warrington Business Centre
67 Bewsey Street
Warrington
WA2 7JQ
Redefine Studio Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
4,826
6,204
Cash at bank and in hand
100
15,229
Creditors: amounts falling due within one year
(15,713)
(20,901)
Net current (liabilities)/assets
(2,046)
24,691
Total assets less current liabilities
2,780
30,895
Provisions for liabilities
Called up share capital
10
10
Profit and loss account
1,853
29,706
Shareholders' funds
1,863
29,716
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 directors acknowledge their 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 of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by
T G Woollam
Director
Company Registration No. 12837050
Redefine Studio Ltd
Notes to the Accounts
for the year ended 31 August 2023
Redefine Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 12837050. The registered office is Static Complex, 9-23 Roscoe Lane, Liverpool, L1 9JD.
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:
Fixtures & fittings
20% reducing balance
Computer equipment
3 years straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2022
2,849
6,185
9,034
At 31 August 2023
3,902
6,469
10,371
At 1 September 2022
570
2,260
2,830
Charge for the year
614
2,101
2,715
At 31 August 2023
1,184
4,361
5,545
At 31 August 2023
2,718
2,108
4,826
At 31 August 2022
2,279
3,925
6,204
Amounts falling due within one year
Trade debtors
13,567
30,363
Redefine Studio Ltd
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,569
8,833
Loans from directors
2
252
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).