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Company Registration No. 14082757 (England and Wales)
TK Digital Studio Ltd Unaudited accounts for the year ended 31 May 2024
TK Digital Studio Ltd Unaudited accounts Contents
Page
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TK Digital Studio Ltd Company Information for the year ended 31 May 2024
Director
Tomas Klema
Company Number
14082757 (England and Wales)
Registered Office
UNIT 82A JAMES CARTER ROAD MILDENHALL BURY ST. EDMUNDS IP28 7DE ENGLAND
Accountants
Oakes Accounting Ltd 37 Meadowcroft Heswall Wirral CH60 1UT
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TK Digital Studio Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,569 
12,374 
Current assets
Debtors
8,365 
4,025 
Cash at bank and in hand
15,167 
14,794 
23,532 
18,819 
Creditors: amounts falling due within one year
(8,715)
(940)
Net current assets
14,817 
17,879 
Total assets less current liabilities
33,386 
30,253 
Creditors: amounts falling due after more than one year
(21,082)
(20,837)
Net assets
12,304 
9,416 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,204 
9,316 
Shareholders' funds
12,304 
9,416 
For the year ending 31 May 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 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 26 June 2024 and were signed on its behalf by
Tomas Klema Director Company Registration No. 14082757
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TK Digital Studio Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
TK Digital Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 14082757. The registered office is UNIT 82A JAMES CARTER ROAD, MILDENHALL, BURY ST. EDMUNDS, IP28 7DE, ENGLAND.
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.
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:
Fixtures & fittings
10%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
13,263 
Additions
9,344 
At 31 May 2024
22,607 
Depreciation
At 1 June 2023
889 
Charge for the year
3,149 
At 31 May 2024
4,038 
Net book value
At 31 May 2024
18,569 
At 31 May 2023
12,374 
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TK Digital Studio Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,525 
Trade debtors
5,865 
- 
Other debtors
2,500 
2,500 
8,365 
4,025 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,663 
940 
Taxes and social security
1,052 
- 
8,715 
940 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
16,791 
17,400 
Taxes and social security
572 
- 
Loans from directors
3,719 
3,437 
21,082 
20,837 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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