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REGISTERED NUMBER: 14048171 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 14 APRIL 2022 TO 30 JUNE 2023

FOR

THE STUDIO BEDFORD LIMITED

THE STUDIO BEDFORD LIMITED (REGISTERED NUMBER: 14048171)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 APRIL 2022 TO 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE STUDIO BEDFORD LIMITED

COMPANY INFORMATION
FOR THE PERIOD 14 APRIL 2022 TO 30 JUNE 2023







DIRECTOR: G Crawley-Roberts





REGISTERED OFFICE: Room 73 Wrest House
Wrest Park
Silsoe
Bedford
Bedfordshire
MK45 4HR





REGISTERED NUMBER: 14048171 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

THE STUDIO BEDFORD LIMITED (REGISTERED NUMBER: 14048171)

BALANCE SHEET
30 JUNE 2023

Notes £    £   
FIXED ASSETS
Intangible assets 5 4,500
Tangible assets 6 15,185
19,685

CURRENT ASSETS
Stocks 45,752
Debtors 7 6,049
Cash at bank 540
52,341
CREDITORS
Amounts falling due within one year 8 52,437
NET CURRENT LIABILITIES (96 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,589

CREDITORS
Amounts falling due after more than one year 9 32,302
NET LIABILITIES (12,713 )

CAPITAL AND RESERVES
Called up share capital 10 100
Retained earnings (12,813 )
SHAREHOLDERS' FUNDS (12,713 )

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

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

The director acknowledges her 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.

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 director and authorised for issue on 24 April 2024 and were signed by:





G Crawley-Roberts - Director


THE STUDIO BEDFORD LIMITED (REGISTERED NUMBER: 14048171)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 APRIL 2022 TO 30 JUNE 2023

1. STATUTORY INFORMATION

The Studio Bedford 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

THE STUDIO BEDFORD LIMITED (REGISTERED NUMBER: 14048171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 APRIL 2022 TO 30 JUNE 2023

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
Additions 5,000
At 30 June 2023 5,000
Amortisation
Charge for period 500
At 30 June 2023 500
Net book value
At 30 June 2023 4,500

6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
Additions 14,250 3,521 506 18,277
At 30 June 2023 14,250 3,521 506 18,277
Depreciation
Charge for period 2,138 828 126 3,092
At 30 June 2023 2,138 828 126 3,092
Net book value
At 30 June 2023 12,112 2,693 380 15,185

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 6,049

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 7,000
Taxation and social security 9,617
Other creditors 35,820
52,437

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other creditors 32,302

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

Upon incorporation 100 Ordinary shares of £1 each were issued at par.

THE STUDIO BEDFORD LIMITED (REGISTERED NUMBER: 14048171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 APRIL 2022 TO 30 JUNE 2023

11. RELATED PARTY DISCLOSURES

Included within other creditors is an amount of £27,890 due to G Crawley-Roberts, director. No interest was charged on the loan in the period and there are no set repayment terms.