Company Registration No. 08535895 (England and Wales)
Type Studio Limited
Unaudited accounts
for the year ended 31 May 2024
Type Studio Limited
Unaudited accounts
Contents
Type Studio Limited
Company Information
for the year ended 31 May 2024
Directors
Matthew Robert Cooper
Samuel Jonathan Nelson
Thomas Edward Powell
Ognjen Ristic
Company Number
08535895 (England and Wales)
Registered Office
247 Church Street
London
N16 9HP
Accountants
Wyatts Partnership Ltd
247 Church Street
London
N16 9HP
Type Studio Limited
Statement of financial position
as at 31 May 2024
Tangible assets
5,787
2,885
Cash at bank and in hand
129,216
81,193
Creditors: amounts falling due within one year
(43,501)
(41,306)
Net current assets
99,913
56,849
Total assets less current liabilities
105,700
59,734
Creditors: amounts falling due after more than one year
(19,504)
(26,272)
Called up share capital
4
4
Profit and loss account
86,192
33,458
Shareholders' funds
86,196
33,462
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 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 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 of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by
Ognjen Ristic
Director
Company Registration No. 08535895
Type Studio Limited
Notes to the Accounts
for the year ended 31 May 2024
Type Studio Limited is a private company, limited by shares, registered in England and Wales, registration number 08535895. The registered office is 247 Church Street, London , N16 9HP.
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.
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
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
3,127
19,390
22,517
Additions
1,013
5,594
6,607
At 31 May 2024
4,140
24,984
29,124
At 1 June 2023
2,849
16,783
19,632
Charge for the year
476
3,229
3,705
At 31 May 2024
3,325
20,012
23,337
At 31 May 2024
815
4,972
5,787
At 31 May 2023
278
2,607
2,885
Type Studio Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
10,198
12,962
Accrued income and prepayments
4,000
4,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
15,320
19,551
Loans from directors
7,369
8,752
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 6 (2023: 5).