Company Registration No. 13573469 (England and Wales)
STUDIO4852 LTD
Unaudited accounts
for the year ended 31 August 2024
STUDIO4852 LTD
Unaudited accounts
Contents
STUDIO4852 LTD
Company Information
for the year ended 31 August 2024
Company Number
13573469 (England and Wales)
Registered Office
86-90 Paul Street
London
England
EC2A 4NE
United Kingdom
Accountants
Olaando Consulting Ltd
7 Bell Yard
London
WC2A 2JR
STUDIO4852 LTD
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
470
28
Creditors: amounts falling due within one year
6,205
6,819
Net current assets
6,675
6,847
Called up share capital
1
1
Profit and loss account
6,674
10,890
Shareholders' funds
6,675
10,891
For the year ending 31 August 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 her 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 17 September 2024 and were signed on its behalf by
Celeste Olayinka
Director
Company Registration No. 13573469
STUDIO4852 LTD
Notes to the Accounts
for the year ended 31 August 2024
STUDIO4852 LTD is a private company, limited by shares, registered in England and Wales, registration number 13573469. The registered office is 86-90 Paul Street, London, England, EC2A 4NE, 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.
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 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:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
9,300
2,596
11,896
At 31 August 2024
9,300
2,596
11,896
At 1 September 2023
6,138
1,714
7,852
Charge for the year
3,162
882
4,044
At 31 August 2024
9,300
2,596
11,896
At 31 August 2023
3,162
882
4,044
STUDIO4852 LTD
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
(6,765)
(7,319)
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Transactions with related parties
A total net amount of £25,833 (gross - £31,000) was paid to BK MATHEWS CONSULTING LTD as consultancy fees.
Celeste Olayinka is a director in BK MATHEWS CONSULTING LTD.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).