Company Registration No. 06494733 (England and Wales)
NAGRA STUDIOS LIMITED
Unaudited accounts
for the year ended 29 February 2024
NAGRA STUDIOS LIMITED
Unaudited accounts
Contents
NAGRA STUDIOS LIMITED
Company Information
for the year ended 29 February 2024
Company Number
06494733 (England and Wales)
Registered Office
24 Plymouth Place
Leamington Spa
CV31 1HN
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
NAGRA STUDIOS LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
1,922
5,105
Cash at bank and in hand
4,926
20,888
Creditors: amounts falling due within one year
(8,005)
(24,477)
Net current liabilities
(1,688)
(3,589)
Called up share capital
1,000
1,000
Profit and loss account
(766)
516
Shareholders' funds
234
1,516
For the year ending 29 February 2024 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 21 June 2024 and were signed on its behalf by
Surjit Nagra
Director
Company Registration No. 06494733
NAGRA STUDIOS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
NAGRA STUDIOS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06494733. The registered office is 24 Plymouth Place, Leamington Spa, CV31 1HN.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
At 29 February 2024
11,836
NAGRA STUDIOS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,056
5,224
Taxes and social security
6,949
13,872
Loans from directors
-
3,569
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan 0% interest, on demand
-
1,391
-
1,391
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).