Company Registration No. 09566223 (England and Wales)
TMR Studios Limited
Unaudited accounts
for the year ended 31 March 2024
TMR Studios Limited
Unaudited accounts
Contents
TMR Studios Limited
Company Information
for the year ended 31 March 2024
Director
Tanya Mahalath Rainsley
Company Number
09566223 (England and Wales)
Registered Office
Bawtry Hall
South Parade
Bawtry
DN10 6JH
TMR Studios Limited
Statement of financial position
as at 31 March 2024
Tangible assets
5,816
5,167
Cash at bank and in hand
18,569
21,167
Creditors: amounts falling due within one year
(15,673)
(12,539)
Net current assets
9,178
11,033
Called up share capital
100
100
Profit and loss account
14,894
16,100
Shareholders' funds
14,994
16,200
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 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 22 October 2024 and were signed on its behalf by
Tanya Mahalath Rainsley
Director
Company Registration No. 09566223
TMR Studios Limited
Notes to the Accounts
for the year ended 31 March 2024
TMR Studios Limited is a private company, limited by shares, registered in England and Wales, registration number 09566223. The registered office is Bawtry Hall, South Parade, Bawtry, DN10 6JH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% RB
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.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,645
9,646
11,291
At 31 March 2024
3,561
9,646
13,207
At 1 April 2023
753
5,371
6,124
Charge for the year
412
855
1,267
At 31 March 2024
1,165
6,226
7,391
At 31 March 2024
2,396
3,420
5,816
At 31 March 2023
892
4,275
5,167
TMR Studios Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
928
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,338
-
Trade creditors
3,998
9,034
Taxes and social security
(1,674)
(2,868)
Loans from directors
5,480
2,316
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Average number of employees
During the year the average number of employees was 2 (2023: 3).