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Company Registration No. 12966445 (England and Wales)
STUDIO 11 INNOVATIONS LTD Unaudited accounts for the year ended 31 October 2023
STUDIO 11 INNOVATIONS LTD Unaudited accounts Contents
Page
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STUDIO 11 INNOVATIONS LTD Company Information for the year ended 31 October 2023
Director
Linda Rabone
Company Number
12966445 (England and Wales)
Registered Office
3 BRINDLEY PLACE BIRMINGHAM B1 2JB ENGLAND
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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STUDIO 11 INNOVATIONS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
3,000 
3,000 
Cash at bank and in hand
30 
23 
3,030 
3,023 
Creditors: amounts falling due within one year
(19,235)
(16,499)
Net current liabilities
(16,205)
(13,476)
Net liabilities
(16,205)
(13,476)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(16,305)
(13,576)
Shareholders' funds
(16,205)
(13,476)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 20 March 2024 and were signed on its behalf by
Linda Rabone Director Company Registration No. 12966445
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STUDIO 11 INNOVATIONS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
STUDIO 11 INNOVATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12966445. The registered office is 3 BRINDLEY PLACE, BIRMINGHAM, B1 2JB, ENGLAND.
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.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
576 
810 
Loans from directors
18,659 
15,689 
19,235 
16,499 
5
Transactions with related parties
During the year, the company received a loan amounting to £18659 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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