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Company Registration No. 13102291 (England and Wales)
Baldr Studio LTD. Unaudited accounts for the year ended 31 December 2023
Baldr Studio LTD. Unaudited accounts Contents
Page
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Baldr Studio LTD. Company Information for the year ended 31 December 2023
Director
Adeel Raja KHAN
Company Number
13102291 (England and Wales)
Registered Office
203 SEREN PARK GARDENS LONDON SE3 7RS UNITED KINGDOM
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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Baldr Studio LTD. Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,085 
- 
Current assets
Cash at bank and in hand
166 
645 
Creditors: amounts falling due within one year
(11,667)
(7,252)
Net current liabilities
(11,501)
(6,607)
Net liabilities
(10,416)
(6,607)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(10,417)
(6,608)
Shareholders' funds
(10,416)
(6,607)
For the year ending 31 December 2023 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 August 2024 and were signed on its behalf by
Adeel Raja KHAN Director Company Registration No. 13102291
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Baldr Studio LTD. Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Baldr Studio LTD. is a private company, limited by shares, registered in England and Wales, registration number 13102291. The registered office is 203 SEREN PARK GARDENS, LONDON, SE3 7RS, UNITED KINGDOM.
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.
Going concern
The director has considered the effect of future events on the company and has determined that they do not create a material uncertainty that casts significant doubt upon the company's ability to continue as a going concern. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.
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:
Computer equipment
33% Straight Line
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Baldr Studio LTD. Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
- 
Additions
1,620 
At 31 December 2023
1,620 
Depreciation
Charge for the year
535 
At 31 December 2023
535 
Net book value
At 31 December 2023
1,085 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
11,488 
7,073 
Accruals
179 
179 
11,667 
7,252 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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