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REGISTERED NUMBER: 09074626 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Codar Studios Limited

Codar Studios Limited (Registered number: 09074626)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Codar Studios Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: T S Gill





REGISTERED OFFICE: Polymer Court
Hope Street
Dudley
West Midlands
DY2 8RS





REGISTERED NUMBER: 09074626 (England and Wales)





ACCOUNTANTS: Pride Accountants
Polymer Court
Hope Street
Dudley
West Midlands
DY2 8RS

Codar Studios Limited (Registered number: 09074626)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,266 3,842

CURRENT ASSETS
Debtors 5 5,028 14,400
Cash at bank and in hand 204,504 208,070
209,532 222,470
CREDITORS
Amounts falling due within one year 6 12,924 30,788
NET CURRENT ASSETS 196,608 191,682
TOTAL ASSETS LESS CURRENT
LIABILITIES

199,874

195,524

PROVISIONS FOR LIABILITIES 7 620 730
NET ASSETS 199,254 194,794

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 199,244 194,784
SHAREHOLDERS' FUNDS 199,254 194,794

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Codar Studios Limited (Registered number: 09074626)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 January 2024 and were signed by:





T S Gill - Director


Codar Studios Limited (Registered number: 09074626)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Codar Studios Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Codar Studios Limited (Registered number: 09074626)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2022
and 31 March 2023 7,770
DEPRECIATION
At 1 April 2022 3,928
Charge for year 576
At 31 March 2023 4,504
NET BOOK VALUE
At 31 March 2023 3,266
At 31 March 2022 3,842

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 5,028 14,400

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 11,804 28,971
Other creditors 1,120 1,817
12,924 30,788

7. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 620 730

Deferred
tax
£   
Balance at 1 April 2022 730
Provided during year (110 )
Balance at 31 March 2023 620

8. ULTIMATE CONTROLLING PARTY

The company is under the control of its director Mr T S Gill as he owns all of the issued share capital.