Registered Number 13565491

STUDIO-202 LTD

Micro-entity Accounts

31 August 2024

STUDIO-202 LTD Registered Number 13565491

Micro-entity Balance Sheet as at 31 August 2024

Notes 2024 2023
£ £
Called up share capital not paid
-
-
Fixed Assets
-
-
Current Assets
-
-
Prepayments and accrued income
-
-
Creditors: amounts falling due within one year
(1,874)
(2,189)
Net current assets (liabilities)
(1,874)
(2,189)
Total assets less current liabilities
(1,874)
(2,189)
Creditors: amounts falling due after more than one year
0
-
Provisions for liabilities
0
-
Accruals and deferred income
0
-
Total net assets (liabilities)
(1,874)
(2,189)
Capital and reserves
(1,874)
(2,189)
  • For the year ending 31 August 2024 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 October 2024

And signed on their behalf by:
Tracey Brown, Director

STUDIO-202 LTD Registered Number 13565491

Notes to the Micro-entity Accounts for the period ended 31 August 2024

1Employees
2024 2023
Average number of employees during the period 1 1
2Off balance sheet arrangements
The company has an operating lease agreement for 428.00 per month. This arrangement allows us to use the premises without the obligations of ownership. The lease is a rolling monthly payment and can be terminated with notice if necessary.
Whilst we aren't registered as a non-profit organisation, many entries on the balance sheet show as zero. Our focus is on the community impact rather than the profit, so the numbers reflect the commitment to reinvesting resources back into our initiatives. Most months we break even or generate a slight loss; and where there is profit, it is minimal and reinvested into the business displaying our commitment to our mission rather than focusing solely on financial gain.