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REGISTERED NUMBER: 02337236 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Studio A.K.A. Limited

Studio A.K.A. Limited (Registered number: 02337236)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Studio A.K.A. Limited

Company Information
for the Year Ended 30 June 2023







Directors: S Goffe
P Hunt
M Craste





Registered office: 56 Compton Street
Clerkenwell
London
EC1V 0ET





Registered number: 02337236 (England and Wales)





Accountants: Pinkham Blair
Chartered Accountants
87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH

Studio A.K.A. Limited (Registered number: 02337236)

Balance Sheet
30 June 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 342,946 435,973
Investments 5 100 100
343,046 436,073

Current assets
Debtors 6 1,215,474 1,854,127
Cash at bank and in hand 919,811 1,340,270
2,135,285 3,194,397
Creditors
Amounts falling due within one year 7 407,480 584,866
Net current assets 1,727,805 2,609,531
Total assets less current liabilities 2,070,851 3,045,604

Provisions for liabilities 49,421 63,617
Net assets 2,021,430 2,981,987

Capital and reserves
Called up share capital 9 80 80
Capital redemption reserve 120 120
Retained earnings 2,021,230 2,981,787
Shareholders' funds 2,021,430 2,981,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Studio A.K.A. Limited (Registered number: 02337236)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 5 March 2024 and were signed on its behalf by:





S Goffe - Director


Studio A.K.A. Limited (Registered number: 02337236)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. Statutory information

Studio A.K.A. 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.

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.

Preparation of consolidated financial statements
The financial statements contain information about Studio A.K.A. Limited 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.

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 the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - over the unexpired term of the lease
Plant and machinery etc - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


Studio A.K.A. Limited (Registered number: 02337236)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

2. Accounting policies - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 30 (2022 - 27 ) .

4. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£ £ £
Cost
At 1 July 2022 162,623 939,993 1,102,616
Additions - 11,642 11,642
At 30 June 2023 162,623 951,635 1,114,258
Depreciation
At 1 July 2022 72,853 593,790 666,643
Charge for year 16,263 88,406 104,669
At 30 June 2023 89,116 682,196 771,312
Net book value
At 30 June 2023 73,507 269,439 342,946
At 30 June 2022 89,770 346,203 435,973

Studio A.K.A. Limited (Registered number: 02337236)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 July 2022
and 30 June 2023 100
Net book value
At 30 June 2023 100
At 30 June 2022 100

6. Debtors
2023 2022
£ £
Amounts falling due within one year:
Trade debtors 300,518 468,852
Amounts owed by group undertakings 105,253 116,262
Other debtors 754,703 1,159,013
1,160,474 1,744,127

Amounts falling due after more than one year:
Other debtors 55,000 110,000

Aggregate amounts 1,215,474 1,854,127

7. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 163,771 109,371
Taxation and social security 120,865 218,020
Other creditors 122,844 257,475
407,480 584,866

8. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£ £
Within one year 275,000 275,000
Between one and five years 779,167 1,054,166
1,054,167 1,329,166

Studio A.K.A. Limited (Registered number: 02337236)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
680 Ordinary A £0.10 68 68
120 Ordinary B £0.10 12 12
80 80