2023-04-01 05383288 2024-03-31 05383288 2023-04-01 2024-03-31 05383288 2023-03-31 05383288 2022-04-01 2023-03-31 05383288 uk-core:AfterOneYear 2023-03-31 05383288 uk-core:AfterOneYear 2024-03-31 05383288 uk-core:ShareCapital 2024-03-31 05383288 uk-core:ShareCapital 2023-03-31 05383288 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 05383288 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 05383288 uk-bus:Director1 2023-04-01 2024-03-31 05383288 uk-core:PlantMachinery 2023-04-01 2024-03-31 05383288 uk-core:ToolsEquipment 2023-04-01 2024-03-31 05383288 uk-core:FurnitureFittings 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure 05383288 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05383288 uk-bus:FRS102 2023-04-01 2024-03-31 05383288 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 05383288 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Trackside Studios Limited
Registered Number:05383288
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
05383288
As at 31 March 2024
Trackside Studios Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
4,742
6,543
2
4,742
6,543
Current assets
11,036
Cash and cash equivalents
11,781
11,781
11,036
Total assets less current liabilities
16,523
17,579
Trade and other payables: amounts falling due after more
than one year
(17,132)
(15,585)
3
938
Net assets
447
Capital and reserves
Called up share capital
100
100
Retained earnings
838
347
938
447
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Alan Bailey Director
These financial statements were approved and authorised for issue by the Board on 21 November 2024 and were signed by:
The notes form part of these financial statements
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For the year ended 31 March 2024
Trackside Studios Limited
Notes to the Financial Statements
Statutory Information
Trackside Studios Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05383288.
Principal place of business:
1st Floor, Brookside Mill
Elizabeth Street
Macclesfield
Cheshire
SK11 6XP
Registered address:
32 Barton Street
Macclesfield
Cheshire
SK11 6RX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Equipment
25 Straight line
33 Straight line
Computer equipment
15 Straight line
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2024
Trackside Studios Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 April 2023
38,920
At 31 March 2024
38,920
Provision for depreciation and impairment
At 01 April 2023
32,377
Charge for year
1,801
At 31 March 2024
34,178
At 31 March 2024
Net book value
4,742
At 31 March 2023
6,543
3. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
15,585
17,132
4. Average number of persons employed
During the year the average number of employees was 2(2023 : 2)
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