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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
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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
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Redefine Studio Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,826 
6,204 
Current assets
Debtors
13,567 
30,363 
Cash at bank and in hand
100 
15,229 
13,667 
45,592 
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
Deferred tax
(917)
(1,179)
Net assets
1,863 
29,716 
Capital and reserves
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
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Redefine Studio Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
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.
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:
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 
Additions
1,053 
284 
1,337 
At 31 August 2023
3,902 
6,469 
10,371 
Depreciation
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 
Net book value
At 31 August 2023
2,718 
2,108 
4,826 
At 31 August 2022
2,279 
3,925 
6,204 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,567 
30,363 
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Redefine Studio Ltd Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
7,065 
10,973 
Taxes and social security
7,569 
8,833 
Other creditors
313 
79 
Loans from directors
2 
252 
Accruals
764 
764 
15,713 
20,901 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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