REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024 |
FOR |
BLA STUDIOS LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024 |
FOR |
BLA STUDIOS LIMITED |
BLA STUDIOS LIMITED (REGISTERED NUMBER: 09958006) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
BLA STUDIOS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
6 Manor Park Business Centre |
Mackenzie Way |
Cheltenham |
Gloucestershire |
GL51 9TX |
BLA STUDIOS LIMITED (REGISTERED NUMBER: 09958006) |
ABRIDGED STATEMENT OF FINANCIAL POSITION |
30 APRIL 2024 |
30.4.24 | 31.3.23 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
( |
) |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Other reserves |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
BLA STUDIOS LIMITED (REGISTERED NUMBER: 09958006) |
ABRIDGED STATEMENT OF FINANCIAL POSITION - continued |
30 APRIL 2024 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
BLA STUDIOS LIMITED (REGISTERED NUMBER: 09958006) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024 |
1. | STATUTORY INFORMATION |
BLA Studios Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date. |
BLA STUDIOS LIMITED (REGISTERED NUMBER: 09958006) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 April 2023 |
and 30 April 2024 |
AMORTISATION |
At 1 April 2023 |
and 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
At 31 March 2023 |
BLA STUDIOS LIMITED (REGISTERED NUMBER: 09958006) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024 |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 April 2023 |
and 30 April 2024 |
DEPRECIATION |
At 1 April 2023 |
and 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
At 31 March 2023 |
1 April 2016 the fixed assets of Black Letter (Gloucester) Limited a company in which Mr James Cass is a director and shareholder were transferred into BLA Studios Limited at the net book value at this date. |
Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows: |
Totals |
£ |
COST |
At 1 April 2023 |
and 30 April 2024 | 2,899 |
DEPRECIATION |
At 1 April 2023 |
and 30 April 2024 | 2,581 |
NET BOOK VALUE |
At 30 April 2024 | 318 |
At 31 March 2023 | 318 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.24 | 31.3.23 |
value: | £ | £ |
Ordinary | £1 | 5 | 5 |
BLA STUDIOS LIMITED (REGISTERED NUMBER: 09958006) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024 |
7. | RELATED PARTY DISCLOSURES |
J Cass |
Is a director and shareholder of the company |
At 30 April 2024, the company owed Mr Cass £14 (2023: £14). This amount is unsecured, interest-free and repayable on demand. |
30.4.24 | 31.3.23 |
£ | £ |
Amount due to related party at the balance sheet date | 14 | 14 |