Registered number
08369600
Studio Motions Limited
Filleted Accounts
31 January 2024
Studio Motions Limited
Registered number: 08369600
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Current assets
Debtors 4 30,000 30,000
Cash at bank and in hand 5,465 15,955
35,465 45,955
Creditors: amounts falling due within one year 5 (7,420) (16,447)
Net current assets 28,045 29,508
Total assets less current liabilities 28,045 29,508
Creditors: amounts falling due after more than one year 6 (34,741) (41,712)
Net liabilities (6,696) (12,204)
Capital and reserves
Called up share capital 100 100
Profit and loss account (6,796) (12,304)
Shareholder's funds (6,696) (12,204)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sundar Ali
Director
Approved by the board on 18 October 2024
Studio Motions Limited
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2023 15,425
At 31 January 2024 15,425
Depreciation
At 1 February 2023 15,425
At 31 January 2024 15,425
Net book value
At 31 January 2024 -
4 Debtors 2024 2023
£ £
Other debtors 30,000 30,000
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 7,320 9,667
Other taxes and social security costs 100 4,910
Other creditors - 1,870
7,420 16,447
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 34,741 41,712
7 Other information
Studio Motions Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 5, Craft Centre
Highgate Square
Birmingham
B12 0DU
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