Company Registration No. 13830239 (England and Wales)
Reem Studios Ltd
Unaudited accounts
for the year ended 31 January 2024
Reem Studios Ltd
Unaudited accounts
Contents
Reem Studios Ltd
Company Information
for the year ended 31 January 2024
Directors
Stephen Lewis Adams
Reem Aboulhosn
Company Number
13830239 (England and Wales)
Registered Office
HOMESTEAD FARM COTTAGE
CONISTONE
SKIPTON
BD23 5HS
UNITED KINGDOM
Accountants
Stephen Perry & Co
38 York Road
Acomb
York
YO24 4LZ
Reem Studios Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
558
11,665
Creditors: amounts falling due within one year
(8,650)
(2,955)
Net current assets
1,908
9,060
Called up share capital
2
1
Profit and loss account
1,906
9,059
Shareholders' funds
1,908
9,060
For the year ending 31 January 2024 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 29 January 2024 and were signed on its behalf by
Stephen Lewis Adams
Director
Company Registration No. 13830239
Reem Studios Ltd
Notes to the Accounts
for the year ended 31 January 2024
Reem Studios Ltd is a private company, limited by shares, registered in England and Wales, registration number 13830239. The registered office is HOMESTEAD FARM COTTAGE, CONISTONE, SKIPTON, BD23 5HS, UNITED KINGDOM.
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.
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 5 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,708
2,124
Reem Studios Ltd
Notes to the Accounts
for the year ended 31 January 2024
Allotted, called up and fully paid:
1 Ordinary shares - A Class of £1 each
1
1
1 Ordinary shares - B Class of £1 each
1
-
Shares issued during the period:
1 Ordinary shares - B Class of £1 each
1
7
Average number of employees
During the year the average number of employees was 2 (2023: 0).