WADEE STUDIO'S LIMITED

Company Registration Number:
03266451 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

WADEE STUDIO'S LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

WADEE STUDIO'S LIMITED

Company Information

for the Period Ended 31 October 2023




Director: edward cramer
num nim
Secretary: edward cramer
Registered office: Unit 1
Old Airfield Farm
Moreton Valence
Gloucester
GL2 7NG
Company Registration Number: 03266451 (England and Wales)

WADEE STUDIO'S LIMITED

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

manufacturing of precast concrete products

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
edward cramer
num nim

Secretary
edward cramer

This report was approved by the board of directors on 30 September 2024
And Signed On Behalf Of The Board By:

Name: edward cramer
Status: Director

WADEE STUDIO'S LIMITED

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Turnover 74,617 54,398
Cost of sales ( 32,285 ) ( 27,616 )
Gross Profit or (Loss) 42,332 26,782
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 6,083 ) ( 6,592 )
Administrative Expenses ( 32,022 ) ( 32,802 )
Other operating income 0 0
Operating Profit or (Loss) 4,227 ( 12,612 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 4,227 ( 12,612 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 4,227 ( 12,612 )

The notes form part of these financial statements

WADEE STUDIO'S LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 14,056 16,153
Total fixed assets: 14,056 16,153
Current assets
Stocks: 13,000 15,000
Cash at bank and in hand: 6,377 1,053
Total current assets: 19,377 16,053
Net current assets (liabilities): 19,377 16,053
Total assets less current liabilities: 33,433 32,206
Creditors: amounts falling due after more than one year: 5 ( 51,000 ) ( 54,000 )
Total net assets (liabilities): ( 17,567 ) ( 21,794 )

The notes form part of these financial statements

WADEE STUDIO'S LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 17,568 ) ( 21,795 )
Shareholders funds: ( 17,567 ) ( 21,794 )

For the year ending 31 October 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 30 September 2024
And Signed On Behalf Of The Board By:

Name: edward cramer
Status: Director

The notes form part of these financial statements

WADEE STUDIO'S LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    sales include VAT

    Tangible fixed assets depreciation policy

    15% per annum

WADEE STUDIO'S LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

WADEE STUDIO'S LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

WADEE STUDIO'S LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 November 2022 30,885 8,495 39,380
Additions 384 - 384
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 October 2023 31,269 8,495 39,764
Depreciation
At 01 November 2022 20,870 2,357 23,227
Charge for year 1,560 921 2,481
On disposals - - -
Other adjustments - - -
At 31 October 2023 22,430 3,278 25,708
Net book value
At 31 October 2023 8,839 5,217 14,056
At 31 October 2022 10,015 6,138 16,153

WADEE STUDIO'S LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 9,000 12,000
Other creditors 42,000 42,000
Total 51,000 54,000