IRIS Accounts Production v24.1.0.578 13715187 Board of Directors 1.12.22 30.11.23 30.11.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh137151872022-11-30137151872023-11-30137151872022-12-012023-11-30137151872021-10-31137151872021-11-012022-11-30137151872022-11-3013715187ns15:EnglandWales2022-12-012023-11-3013715187ns14:PoundSterling2022-12-012023-11-3013715187ns10:Director12022-12-012023-11-3013715187ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3013715187ns10:SmallEntities2022-12-012023-11-3013715187ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3013715187ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3013715187ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3013715187ns10:FullAccounts2022-12-012023-11-3013715187ns10:OrdinaryShareClass12022-12-012023-11-3013715187ns10:Director22022-12-012023-11-3013715187ns10:RegisteredOffice2022-12-012023-11-3013715187ns5:CurrentFinancialInstruments2023-11-3013715187ns5:CurrentFinancialInstruments2022-11-3013715187ns5:ShareCapital2023-11-3013715187ns5:ShareCapital2022-11-3013715187ns5:RetainedEarningsAccumulatedLosses2023-11-3013715187ns5:RetainedEarningsAccumulatedLosses2022-11-3013715187ns5:ComputerEquipment2022-12-012023-11-3013715187ns5:ComputerEquipment2023-11-3013715187ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3013715187ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3013715187ns10:OrdinaryShareClass12023-11-3013715187ns5:RetainedEarningsAccumulatedLosses2022-11-3013715187ns5:RetainedEarningsAccumulatedLosses2022-12-012023-11-30
REGISTERED NUMBER: 13715187 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Undone London Studios Ltd

Undone London Studios Ltd (Registered number: 13715187)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Undone London Studios Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Ms D P Panova
Ms T Y Penkova





REGISTERED OFFICE: Flat 123 Royal Oak Court
Pitfield Street
London
N1 6ES





REGISTERED NUMBER: 13715187 (England and Wales)





ACCOUNTANTS: E Johnson & Associates
Chartered Certified Accountants
637 Green Lanes
London
N8 0RE

Undone London Studios Ltd (Registered number: 13715187)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,109 -

CURRENT ASSETS
Stocks 5 1,112 5,500
Debtors 6 16 65
Cash at bank and in hand 257 237
1,385 5,802
CREDITORS
Amounts falling due within one
year

7

8,206

5,518
NET CURRENT (LIABILITIES)/ASSETS (6,821 ) 284
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,712

)

284

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (5,812 ) 184
SHAREHOLDERS' FUNDS (5,712 ) 284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





Ms T Y Penkova - Director


Undone London Studios Ltd (Registered number: 13715187)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Undone London Studios 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
The financial statement has been prepared on the going concern basis.This assumes that the company will continue in operational existence for the foreseeable future .
At the year end 30 November 2023 the company's liabilities exceeded its assets.The directors of the company have assurance in place to support the company financially and do not intend to withdraw their support of the company in the next twelve month.
The directors therefore deemed it appropriate for the financial statements to be prepared on the going concern basis.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Undone London Studios Ltd (Registered number: 13715187)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 1,479
At 30 November 2023 1,479
DEPRECIATION
Charge for year 370
At 30 November 2023 370
NET BOOK VALUE
At 30 November 2023 1,109

5. STOCKS
30.11.23 30.11.22
£    £   
Stocks 1,112 5,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors - 30
Other debtors 16 35
16 65

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors (1 ) (1 )
Taxation and social security - 43
Other creditors 8,207 5,476
8,206 5,518

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 December 2022 184
Deficit for the year (5,996 )
At 30 November 2023 (5,812 )

10. RELATED PARTY DISCLOSURES

During the year, no dividend was paid to the directors.

Undone London Studios Ltd (Registered number: 13715187)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

11. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors of the company.