Fifty 50 Studio Limited 08937971 the provision of design services. false 1 April 2023 08937971 2023-04-01 2024-03-31 08937971 2023-03-31 08937971 2024-03-31 08937971 2022-04-01 2023-03-31 08937971 2022-03-31 08937971 2023-03-31 08937971 frs102-bus:FRS102 2023-04-01 2024-03-31 08937971 frs102-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08937971 frs102-bus:FullAccounts 2023-04-01 2024-03-31 08937971 frs102-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08937971 frs102-core:CurrentFinancialInstruments 2024-03-31 08937971 frs102-core:CurrentFinancialInstruments 2023-03-31 08937971 frs102-core:ShareCapital 2024-03-31 08937971 frs102-core:ShareCapital 2023-03-31 08937971 frs102-core:RetainedEarningsAccumulatedLosses 2024-03-31 08937971 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 08937971 frs102-bus:Director1 2023-04-01 2024-03-31 08937971 frs102-core:ComputerEquipment 2023-04-01 2024-03-31 08937971 frs102-core:ComputerEquipment 2023-03-31 08937971 frs102-core:ComputerEquipment 2024-03-31 08937971 frs102-core:ComputerEquipment 2023-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
08937971
Fifty 50 Studio Limited
Unaudited Accounts
for the year ended
31 March 2024
Fifty 50 Studio Limited
Balance Sheet
as at 31 March 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 1,030 1,091
1,030 1,091
Current assets
Debtors 1,139 13,389
Cash at bank and in hand 309 16,220
1,448 29,609
Creditors: amounts falling due within one year (1,694) (16,967)
Net current assets / (liabilities) (246) 12,642
Total assets less current liabilities 784 13,733
Provisions for liabilities (0) (0)
Accruals and deferred income (768) (924)
Total net assets (liabilities) 16 12,809
Capital and reserves
Called up share capital 4 10 10
Profit and loss account 6 12,799
Shareholders' funds 16 12,809

Fifty 50 Studio Limited
Balance Sheet
as at 31 March 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr A Stone

Director


Approved by the board on 12 August 2024

Company Number: 08937971 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

22 Clarendon Avenue
Leamington Spa
CV32 4RY
England

Fifty 50 Studio Limited
Notes to the Accounts
for the year ended 31 March 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 33.3% Straight Line
2. Employees
2024 2023
Average number of employees during the period 1 1

3. Tangible fixed assets
Computer equipment Total
Cost or valuation £ £
At 1 April 2023 12,041 12,041
Additions 757 757
At 31 March 2024 12,798 12,798
Depreciation
At 1 April 2023 10,950 10,950
Charge for the period 818 818
At 31 March 2024 11,768 11,768
Net book value
At 31 March 2024 1,030 1,030
At 31 March 2023 1,091 1,091

4. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
10 (2023: 10) Ordinary £1 shares of £1.00 each 10 10
10 10