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REGISTERED NUMBER: 08390720 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

Hide and Seek Studios Ltd

Hide and Seek Studios Ltd (Registered number: 08390720)

Contents of the Financial Statements
for the year ended 28 February 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Hide and Seek Studios Ltd

Company Information
for the year ended 28 February 2024







Director: Ms E Lass





Registered office: Unit 2, Foley Works
Foley Trading Estate
Hereford
HR1 2SF





Registered number: 08390720 (England and Wales)





Accountants: Acre Accountancy Limited
Unit 2 Foley Works
Foley Industrial Estate
Hereford
Herefordshire
HR1 2SF

Hide and Seek Studios Ltd (Registered number: 08390720)

Abridged Balance Sheet
28 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 20,055 25,741

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 6,884 41,041
Cash at bank 50,578 44,855
60,462 88,896
CREDITORS
Amounts falling due within one year (7,455 ) (21,006 )
NET CURRENT ASSETS 53,007 67,890
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,062

93,631

CREDITORS
Amounts falling due after more than one
year

(3,170

)

(5,565

)

PROVISIONS FOR LIABILITIES (130 ) (251 )
NET ASSETS 69,762 87,815

CAPITAL AND RESERVES
Called up share capital 5 1 1
Retained earnings 69,761 87,814
SHAREHOLDERS' FUNDS 69,762 87,815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Hide and Seek Studios Ltd (Registered number: 08390720)

Abridged Balance Sheet - continued
28 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2024 and were signed by:





Ms E Lass - Director


Hide and Seek Studios Ltd (Registered number: 08390720)

Notes to the Financial Statements
for the year ended 28 February 2024


1. STATUTORY INFORMATION

Hide and Seek Studios Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Hide and Seek Studios Ltd (Registered number: 08390720)

Notes to the Financial Statements - continued
for the year ended 28 February 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
Cost
At 1 March 2023
and 28 February 2024 32,042
Depreciation
At 1 March 2023 6,301
Charge for year 5,686
At 28 February 2024 11,987
Net book value
At 28 February 2024 20,055
At 28 February 2023 25,741

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1