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Company Registration No. 10021545 (England and Wales)
Rebalance Studios Ltd Unaudited accounts for the year ended 29 February 2024
Rebalance Studios Ltd Unaudited accounts Contents
Page
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Rebalance Studios Ltd Company Information for the year ended 29 February 2024
Director
Lucy Nickson
Company Number
10021545 (England and Wales)
Registered Office
5 DEVONSHIRE COURT GREEN LANE TRADING ESTATE YORK NORTH YORKSHIRE YO30 5PQ UNITED KINGDOM
Accountants
Stephen Perry & Co 38 York Road Acomb York YO24 4LZ
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Rebalance Studios Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,779 
207 
Current assets
Debtors
1,099 
669 
Cash at bank and in hand
10,889 
18,521 
11,988 
19,190 
Creditors: amounts falling due within one year
(4,751)
(4,109)
Net current assets
7,237 
15,081 
Total assets less current liabilities
9,016 
15,288 
Creditors: amounts falling due after more than one year
(14,945)
(17,590)
Net liabilities
(5,929)
(2,302)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(6,029)
(2,402)
Shareholders' funds
(5,929)
(2,302)
For the year ending 29 February 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 her 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 17 October 2024 and were signed on its behalf by
Lucy Nickson Director Company Registration No. 10021545
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Rebalance Studios Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Rebalance Studios Ltd is a private company, limited by shares, registered in England and Wales, registration number 10021545. The registered office is 5 DEVONSHIRE COURT, GREEN LANE TRADING ESTATE, YORK, NORTH YORKSHIRE, YO30 5PQ, 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.
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:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
13,266 
At 29 February 2024
13,266 
Amortisation
At 1 March 2023
13,266 
At 29 February 2024
13,266 
Net book value
At 29 February 2024
- 
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Rebalance Studios Ltd Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
519 
- 
519 
Additions
- 
2,095 
2,095 
At 29 February 2024
519 
2,095 
2,614 
Depreciation
At 1 March 2023
312 
- 
312 
Charge for the year
104 
419 
523 
At 29 February 2024
416 
419 
835 
Net book value
At 29 February 2024
103 
1,676 
1,779 
At 28 February 2023
207 
- 
207 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,090 
660 
Other debtors
9 
9 
1,099 
669 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
15 
866 
Other creditors
- 
753 
Loans from directors
4,736 
173 
Accruals
- 
2,317 
4,751 
4,109 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,945 
17,590 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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