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Company Registration No. 11489038 (England and Wales)
ARTIST HIVE STUDIOS LTD Unaudited accounts for the year ended 31 March 2024
ARTIST HIVE STUDIOS LTD Unaudited accounts Contents
Page
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ARTIST HIVE STUDIOS LTD Company Information for the year ended 31 March 2024
Directors
BEATTIE, Mark Thomas PURCELL, Chantelle May
Company Number
11489038 (England and Wales)
Registered Office
17 NORTHSTAND APARTMENT HIGHBURY STADIUM LONDON N5 1FJ UNITED KINGDOM
Accountants
On The Spot Trading as HG Accountants Enfield Middlesex EN3 6XJ
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ARTIST HIVE STUDIOS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
4,818 
30,481 
Cash at bank and in hand
16,480 
5,169 
21,298 
35,650 
Creditors: amounts falling due within one year
(15,243)
(28,434)
Net current assets
6,055 
7,216 
Total assets less current liabilities
6,055 
7,216 
Creditors: amounts falling due after more than one year
(17,158)
(19,888)
Net liabilities
(11,103)
(12,672)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(11,105)
(12,674)
Shareholders' funds
(11,103)
(12,672)
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.
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 30 September 2024 and were signed on its behalf by
BEATTIE, Mark Thomas Director Company Registration No. 11489038
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ARTIST HIVE STUDIOS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
ARTIST HIVE STUDIOS LTD is a private company, limited by shares, registered in England and Wales, registration number 11489038. The registered office is 17 NORTHSTAND APARTMENT HIGHBURY STADIUM, LONDON, N5 1FJ, 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1 
900 
Trade debtors
- 
25,915 
Accrued income and prepayments
3,600 
3,600 
Other debtors
1,217 
66 
4,818 
30,481 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,437 
2,437 
VAT
5,477 
4,319 
Trade creditors
1,393 
372 
Taxes and social security
- 
4,866 
Loans from directors
4,206 
2,292 
Accruals
1,730 
14,148 
15,243 
28,434 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,158 
19,888 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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