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Company Registration No. 11897035 (England and Wales)
Fireside Studio Ltd Unaudited accounts for the year ended 31 March 2024
Fireside Studio Ltd Unaudited accounts Contents
Page
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Fireside Studio Ltd Company Information for the year ended 31 March 2024
Directors
Andrew Booth Stephanie Booth
Company Number
11897035 (England and Wales)
Registered Office
21 Turton Heights Bolton BL2 3DU England
Accountants
Xeinadin Group Regent House Folds Road Bolton BL1 2RZ
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Fireside Studio Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,662 
6,661 
Current assets
Inventories
38,553 
39,750 
Debtors
8,620 
25,804 
Cash at bank and in hand
125,923 
134,896 
173,096 
200,450 
Creditors: amounts falling due within one year
(111,979)
(122,927)
Net current assets
61,117 
77,523 
Total assets less current liabilities
66,779 
84,184 
Provisions for liabilities
Deferred tax
(1,075)
(1,039)
Net assets
65,704 
83,145 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
65,702 
83,143 
Shareholders' funds
65,704 
83,145 
For the year ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 23 October 2024 and were signed on its behalf by
Stephanie Booth Director Company Registration No. 11897035
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Fireside Studio Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Fireside Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 11897035. The registered office is 21 Turton Heights, Bolton, BL2 3DU, 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
15% reducing balance
Computer equipment
15% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
11,375 
At 31 March 2024
11,375 
Depreciation
At 1 April 2023
4,714 
Charge for the year
999 
At 31 March 2024
5,713 
Net book value
At 31 March 2024
5,662 
At 31 March 2023
6,661 
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Fireside Studio Ltd Notes to the Accounts for the year ended 31 March 2024
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
6
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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