Company Registration No. 14251969 (England and Wales)
Studio Augusto Limited
Unaudited accounts
for the year ended 31 July 2023
Studio Augusto Limited
Unaudited accounts
Contents
Studio Augusto Limited
Company Information
for the year ended 31 July 2023
Director
Nginamau Francisco Augusto
Company Number
14251969 (England and Wales)
Registered Office
DENMARK HOUSE 143 HIGH STREET
CHALFONT ST. PETER
GERRARDS CROSS
SL9 9QL
ENGLAND
Accountants
Lane Accounting Limited
Denmark House
143 High Street
Chalfont St Peter
Bucks
SL9 9QL
Studio Augusto Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
17,037
Creditors: amounts falling due within one year
(35,190)
Net current liabilities
(15,573)
Called up share capital
10
Profit and loss account
23
For the year ending 31 July 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 11 April 2024 and were signed on its behalf by
Nginamau Francisco Augusto
Director
Company Registration No. 14251969
Studio Augusto Limited
Notes to the Accounts
for the year ended 31 July 2023
Studio Augusto Limited is a private company, limited by shares, registered in England and Wales, registration number 14251969. The registered office is DENMARK HOUSE 143 HIGH STREET, CHALFONT ST. PETER, GERRARDS CROSS, SL9 9QL, 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.
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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% of cost per annum
Computer equipment
25% of cost per annum
4
Tangible fixed assets
Fixtures & fittings
Studio Augusto Limited
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
Loans from directors
30,613
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
Shares issued during the period:
10 Ordinary shares of £1 each
10
At the 31st July 2023 Mr Augusto was owed £30,613 by the company. This was an interest free loan repayable on demand.
9
Average number of employees
During the year the average number of employees was 1.