Registered number
12274442
HENRIKSEN STUDIO LTD
Filleted Accounts
31 October 2023
HENRIKSEN STUDIO LTD
Registered number: 12274442
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 83,204 66,414
Current assets
Debtors 4 200,869 229,134
Cash at bank and in hand 422,701 311,328
623,570 540,462
Creditors: amounts falling due within one year 5 (87,440) (122,114)
Net current assets 536,130 418,348
Net assets 619,334 484,762
Capital and reserves
Called up share capital 1 1
Profit and loss account 619,333 484,761
Shareholder's funds 619,334 484,762
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
T Henriksen
Director
Approved by the board on 30 July 2024
HENRIKSEN STUDIO LTD
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Motor vehicles over 4 years
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 8 7
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 November 2022 5,361 63,955 69,316
Additions 43,240 - 43,240
At 31 October 2023 48,601 63,955 112,556
Depreciation
At 1 November 2022 1,454 1,448 2,902
Charge for the year 5,131 21,319 26,450
At 31 October 2023 6,585 22,767 29,352
Net book value
At 31 October 2023 42,016 41,188 83,204
At 31 October 2022 3,907 62,507 66,414
4 Debtors 2023 2022
£ £
Trade debtors 162,708 218,153
Other debtors 38,161 10,981
200,869 229,134
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 38,531 29,925
Taxation and social security costs 95,649 95,069
Other creditors (46,740) (2,880)
87,440 122,114
6 Other information
HENRIKSEN STUDIO LTD is a private company limited by shares and incorporated in England. Its registered office is:
25 Green Lane
Crawley
West Sussex
RH10 8JX
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