1 September 2023 false No description of principal activity Taxfiler 2024.5 09172213business:PrivateLimitedCompanyLtd2023-09-012024-08-31 091722132023-08-31 091722132023-09-012024-08-31 09172213business:AuditExemptWithAccountantsReport2023-09-012024-08-31 09172213business:FilletedAccounts2023-09-012024-08-31 091722132024-08-31 09172213business:Director12023-09-012024-08-31 09172213business:RegisteredOffice2023-09-012024-08-31 091722132023-08-31 09172213core:WithinOneYear2024-08-31 09172213core:WithinOneYear2023-08-31 09172213core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 09172213core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 09172213core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 09172213core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 09172213core:PreviouslyStatedAmount2024-08-31 09172213core:PreviouslyStatedAmount2023-08-31 09172213business:SmallEntities2023-09-012024-08-31 09172213countries:EnglandWales2023-09-012024-08-31 09172213core:PlantMachinery2023-09-012024-08-31 09172213core:ComputerEquipment2023-09-012024-08-31 09172213core:PlantMachinery2023-08-31 09172213core:ComputerEquipment2023-08-31 09172213core:PlantMachinery2024-08-31 09172213core:ComputerEquipment2024-08-31 09172213business:OrdinaryShareClass12023-09-012024-08-31 09172213business:OrdinaryShareClass12022-09-012023-08-31 091722132022-09-012023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09172213 (England and Wales)
Adam Wright Studio Limited Unaudited accounts for the year ended 31 August 2024
Adam Wright Studio Limited Unaudited accounts Contents
Page
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Adam Wright Studio Limited Company Information for the year ended 31 August 2024
Director
Adam Thomas Wright
Company Number
09172213 (England and Wales)
Registered Office
247 Church Street London N16 9HP United Kingdom
Accountants
Wyatts Partnership Ltd 247 Church Street London N16 9HP
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Adam Wright Studio Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
455 
757 
Current assets
Debtors
3,181 
12,514 
Cash at bank and in hand
5,145 
1,158 
8,326 
13,672 
Creditors: amounts falling due within one year
(5,601)
(4,138)
Net current assets
2,725 
9,534 
Net assets
3,180 
10,291 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,179 
10,290 
Shareholders' funds
3,180 
10,291 
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 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 15 October 2024 and were signed on its behalf by
Adam Thomas Wright Director Company Registration No. 09172213
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Adam Wright Studio Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Adam Wright Studio Limited is a private company, limited by shares, registered in England and Wales, registration number 09172213. The registered office is 247 Church Street, London, N16 9HP, 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.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
400 
1,538 
1,938 
Additions
- 
194 
194 
At 31 August 2024
400 
1,732 
2,132 
Depreciation
At 1 September 2023
200 
981 
1,181 
Charge for the year
100 
396 
496 
At 31 August 2024
300 
1,377 
1,677 
Net book value
At 31 August 2024
100 
355 
455 
At 31 August 2023
200 
557 
757 
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Adam Wright Studio Limited Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,181 
12,514 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
617 
410 
Taxes and social security
3,367 
2,296 
Loans from directors
617 
432 
Accruals
1,000 
1,000 
5,601 
4,138 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Controlling party
The Company was under the control of Mr Adam Wright throughout the current and previous year. Mr A Wright is the managing director and majority shareholder. No transactions were undertaken with related parties such as are required to be declared under the Financial Reporting Standards for Smaller Entities effective January 2015
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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