REGISTERED NUMBER: |
Anthology Studios Ltd |
Financial Statements for the Period 1st June 2022 to 31st July 2023 |
REGISTERED NUMBER: |
Anthology Studios Ltd |
Financial Statements for the Period 1st June 2022 to 31st July 2023 |
Anthology Studios Ltd (Registered number: 11436149) |
Contents of the Financial Statements |
for the Period 1st June 2022 to 31st July 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Anthology Studios Ltd |
Company Information |
for the Period 1st June 2022 to 31st July 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
2 Oriel Court |
Omega Park |
Alton |
Hampshire |
GU34 2YT |
Anthology Studios Ltd (Registered number: 11436149) |
Balance Sheet |
31st July 2023 |
2023 | 2022 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Anthology Studios Ltd (Registered number: 11436149) |
Notes to the Financial Statements |
for the Period 1st June 2022 to 31st July 2023 |
1. | STATEMENT OF COMPLIANCE |
Anthology Studios Limited is a company limited by shares and is incorporated in England and Wales, registration number 11436149. The registered office is 7 East Pallant, Chichester, PO19 1TR. |
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound. |
The reporting period has been changed and the financial statements have been presented for longer than one year, due to it being the last reporting period. Comparative amounts are therefore not entirely comparable. |
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 convention, and on a basis other than going concern on the grounds that the company is being struck off. |
Preparation of consolidated financial statements |
The financial statements contain information about Anthology Studios Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned companies within the group. |
Investments in subsidiaries and associates |
Investments in subsidiary and associate undertakings are recognised at cost less any provision for impairment. |
Taxation |
Taxation for the period 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 period 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. |
Anthology Studios Ltd (Registered number: 11436149) |
Notes to the Financial Statements - continued |
for the Period 1st June 2022 to 31st July 2023 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2022 - NIL). |
4. | FIXED ASSET INVESTMENTS |
Shares in | Interest |
group | in |
undertakings | associate | Totals |
£ | £ | £ |
COST |
At 1st June 2022 | 535,442 | 574,443 |
Disposals | ( |
) | ( |
) | (574,443 | ) |
At 31st July 2023 | - |
PROVISIONS |
At 1st June 2022 | 39,000 | - | 39,000 |
Reversal of impairments | (39,000 | ) | - | (39,000 | ) |
At 31st July 2023 | - | - | - |
NET BOOK VALUE |
At 31st July 2023 | - |
At 31st May 2022 | 535,443 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Share capital 1 | 1 | 100 | 100 |
Anthology Studios Ltd (Registered number: 11436149) |
Notes to the Financial Statements - continued |
for the Period 1st June 2022 to 31st July 2023 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1st June 2022 |
Deficit for the period | ( |
) |
Dividends | ( |
) |
At 31st July 2023 |
9. | ULTIMATE CONTROLLING PARENT |
The company's ultimate controlling parent company is Anthology Media Limited, a company incorporated in England and Wales. There registered office is 7 East Pallant, Chichester, PO19 1TR. |