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REGISTERED NUMBER: 09952894 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Persona Studio Ltd

Persona Studio Ltd (Registered number: 09952894)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Persona Studio Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: T L Davies





REGISTERED OFFICE: Suite 1B
22 Lever Street
Northern Quarter
Manchester
Lancashire
M1 1EA





REGISTERED NUMBER: 09952894 (England and Wales)





ACCOUNTANTS: Nolan James Ltd
Chartered Accountants
Suite 1 Armcon Business Park
London Road South
Poynton
Stockport
Cheshire
SK12 1LQ

Persona Studio Ltd (Registered number: 09952894)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,396 5,625
Investments 5 3,656 3,429
8,052 9,054

CURRENT ASSETS
Debtors 6 17,073 10,473
Cash at bank 2,079 2,533
19,152 13,006
CREDITORS
Amounts falling due within one year 7 18,986 12,431
NET CURRENT ASSETS 166 575
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,218

9,629

CREDITORS
Amounts falling due after more than one
year

8

2,667

4,667
NET ASSETS 5,551 4,962

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 5,539 4,950
SHAREHOLDERS' FUNDS 5,551 4,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Persona Studio Ltd (Registered number: 09952894)

Balance Sheet - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2024 and were signed by:





T L Davies - Director


Persona Studio Ltd (Registered number: 09952894)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Persona Studio Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 1,752 28,885 30,637
Additions - 133 133
At 31 January 2024 1,752 29,018 30,770
DEPRECIATION
At 1 February 2023 701 24,311 25,012
Charge for year 175 1,187 1,362
At 31 January 2024 876 25,498 26,374
NET BOOK VALUE
At 31 January 2024 876 3,520 4,396
At 31 January 2023 1,051 4,574 5,625

Persona Studio Ltd (Registered number: 09952894)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 February 2023 3,429
Revaluations 227
At 31 January 2024 3,656
NET BOOK VALUE
At 31 January 2024 3,656
At 31 January 2023 3,429

Cost or valuation at 31 January 2024 is represented by:

Other
investments
£   
Valuation in 2020 (9 )
Valuation in 2021 115
Valuation in 2022 321
Valuation in 2023 (98 )
Valuation in 2024 227
Cost 3,100
3,656

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 500 500
Other debtors 16,573 9,973
17,073 10,473

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 2,000 2,000
Trade creditors - 264
Taxation and social security 14,536 7,521
Other creditors 2,450 2,646
18,986 12,431

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 2,667 4,667