1 May 2023 false No description of principal activity Taxfiler 2024.5 11930793business:PrivateLimitedCompanyLtd2023-05-012024-04-30 119307932023-04-30 119307932023-05-012024-04-30 11930793business:AuditExemptWithAccountantsReport2023-05-012024-04-30 11930793business:FilletedAccounts2023-05-012024-04-30 119307932024-04-30 11930793business:Director12023-05-012024-04-30 11930793business:Director22023-05-012024-04-30 11930793business:RegisteredOffice2023-05-012024-04-30 119307932023-04-30 11930793core:WithinOneYear2024-04-30 11930793core:WithinOneYear2023-04-30 11930793core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 11930793core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 11930793core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 11930793core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 11930793core:PreviouslyStatedAmount2024-04-30 11930793core:PreviouslyStatedAmount2023-04-30 11930793business:SmallEntities2023-05-012024-04-30 11930793countries:EnglandWales2023-05-012024-04-30 11930793core:FurnitureFittings2023-05-012024-04-30 11930793core:ComputerEquipment2023-05-012024-04-30 11930793core:FurnitureFittings2023-04-30 11930793core:ComputerEquipment2023-04-30 11930793core:FurnitureFittings2024-04-30 11930793core:ComputerEquipment2024-04-30 119307932022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 11930793 (England and Wales)
Chroma Studios Ltd Unaudited accounts for the year ended 30 April 2024
Chroma Studios Ltd Unaudited accounts Contents
Page
- 2 -
Chroma Studios Ltd Company Information for the year ended 30 April 2024
Directors
James Lashmar Lauren Mcintosh
Company Number
11930793 (England and Wales)
Registered Office
Chroma Studios Ltd C3, Design District 13 Soames Walk, Greenwich Peninsula London SE10 0AX England
Accountants
Accounts Studio Ltd 20-22 Wenlock Road London N1 7GU
- 3 -
Chroma Studios Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,923 
17,361 
Current assets
Debtors
5,355 
1,965 
Cash at bank and in hand
19,332 
28,326 
24,687 
30,291 
Creditors: amounts falling due within one year
(24,803)
(15,638)
Net current (liabilities)/assets
(116)
14,653 
Net assets
12,807 
32,014 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
12,797 
32,004 
Shareholders' funds
12,807 
32,014 
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 6 August 2024 and were signed on its behalf by
James Lashmar Director Company Registration No. 11930793
- 4 -
Chroma Studios Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Chroma Studios Ltd is a private company, limited by shares, registered in England and Wales, registration number 11930793. The registered office is Chroma Studios Ltd C3, Design District, 13 Soames Walk, Greenwich Peninsula, London, SE10 0AX, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
3,099 
31,352 
34,451 
Additions
- 
3,836 
3,836 
At 30 April 2024
3,099 
35,188 
38,287 
Depreciation
At 1 May 2023
1,138 
15,952 
17,090 
Charge for the year
786 
7,488 
8,274 
At 30 April 2024
1,924 
23,440 
25,364 
Net book value
At 30 April 2024
1,175 
11,748 
12,923 
At 30 April 2023
1,961 
15,400 
17,361 
- 5 -
Chroma Studios Ltd Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,355 
1,965 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,977 
856 
Taxes and social security
5,534 
8,655 
Other creditors
619 
1,142 
Loans from directors
16,673 
4,985 
24,803 
15,638 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -