IRIS Accounts Production v24.3.0.553 11887508 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118875082023-03-31118875082024-03-31118875082023-04-012024-03-31118875082022-03-31118875082022-04-012023-03-31118875082023-03-3111887508ns15:EnglandWales2023-04-012024-03-3111887508ns14:PoundSterling2023-04-012024-03-3111887508ns10:Director12023-04-012024-03-3111887508ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111887508ns10:SmallEntities2023-04-012024-03-3111887508ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111887508ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111887508ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111887508ns10:FullAccounts2023-04-012024-03-3111887508ns10:RegisteredOffice2023-04-012024-03-3111887508ns5:CurrentFinancialInstruments2024-03-3111887508ns5:CurrentFinancialInstruments2023-03-3111887508ns5:Non-currentFinancialInstruments2024-03-3111887508ns5:Non-currentFinancialInstruments2023-03-3111887508ns5:ShareCapital2024-03-3111887508ns5:ShareCapital2023-03-3111887508ns5:RetainedEarningsAccumulatedLosses2024-03-3111887508ns5:RetainedEarningsAccumulatedLosses2023-03-3111887508ns5:PlantMachinery2023-04-012024-03-3111887508ns5:PlantMachinery2023-03-3111887508ns5:PlantMachinery2024-03-3111887508ns5:PlantMachinery2023-03-3111887508ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111887508ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31118875081ns10:Director12023-03-31118875081ns10:Director12022-03-31118875081ns10:Director12023-04-012024-03-31118875081ns10:Director12022-04-012023-03-31118875081ns10:Director12024-03-31118875081ns10:Director12023-03-31
REGISTERED NUMBER: 11887508 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Studi Limited

Studi Limited (Registered number: 11887508)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Studi Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A Studzinski





REGISTERED OFFICE: 150 Morton Way
London
N14 7AL





REGISTERED NUMBER: 11887508 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

Studi Limited (Registered number: 11887508)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,294 1,617

CURRENT ASSETS
Debtors 6 35,396 30,413
Cash at bank and in hand 12,459 23,923
47,855 54,336
CREDITORS
Amounts falling due within one year 7 (40,109 ) (37,314 )
NET CURRENT ASSETS 7,746 17,022
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,040

18,639

CREDITORS
Amounts falling due after more than one year 8 (8,078 ) (14,028 )
NET ASSETS 962 4,611

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 862 4,511
962 4,611

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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 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.

Studi Limited (Registered number: 11887508)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2024 and were signed by:





A Studzinski - Director


Studi Limited (Registered number: 11887508)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Studi Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Plant and machinery - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

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

Studi Limited (Registered number: 11887508)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 2,236
DEPRECIATION
At 1 April 2023 619
Charge for year 323
At 31 March 2024 942
NET BOOK VALUE
At 31 March 2024 1,294
At 31 March 2023 1,617

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 2,950 4,105
Other debtors 32,446 26,308
35,396 30,413

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,389 6,389
Trade creditors 138 (1 )
Taxation and social security 32,382 29,726
Other creditors 1,200 1,200
40,109 37,314

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 8,078 14,028

Studi Limited (Registered number: 11887508)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
A Studzinski
Balance outstanding at start of year 15,936 16,974
Amounts advanced 6,115 -
Amounts repaid - (1,038 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,051 15,936