Company Registration No. 10032549 (England and Wales)
Xin Studio Ltd
Unaudited accounts
for the year ended 29 February 2024
Xin Studio Ltd
Unaudited accounts
Contents
Xin Studio Ltd
Company Information
for the year ended 29 February 2024
Company Number
10032549 (England and Wales)
Registered Office
3 SYCAMORE AVENUE
3 SYCAMORE AVENUE
WOKING
SURREY
GU22 9FH
UNITED KINGDOM
Accountants
Lisa Li
27 Parsons Green House,
Parsons Green Lane,
London
SW6 4HH
Xin Studio Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
5,773
11,284
Cash at bank and in hand
18,550
11,881
Creditors: amounts falling due within one year
(103,805)
(104,784)
Net current liabilities
(79,028)
(86,676)
Net liabilities
(73,255)
(75,392)
Called up share capital
100
100
Profit and loss account
(73,355)
(75,492)
Shareholders' funds
(73,255)
(75,392)
For the year ending 29 February 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 his 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 28 November 2024 and were signed on its behalf by
Xin Li
Director
Company Registration No. 10032549
Xin Studio Ltd
Notes to the Accounts
for the year ended 29 February 2024
Xin Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 10032549. The registered office is 3 SYCAMORE AVENUE, 3 SYCAMORE AVENUE, WOKING, SURREY, GU22 9FH, UNITED KINGDOM.
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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:
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
35,549
24,550
60,099
At 29 February 2024
35,549
24,550
60,099
At 1 March 2023
29,150
19,665
48,815
Charge for the year
3,199
2,312
5,511
At 29 February 2024
32,349
21,977
54,326
At 29 February 2024
3,200
2,573
5,773
At 28 February 2023
6,399
4,885
11,284
Amounts falling due within one year
Xin Studio Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,531
4,896
Loans from directors
98,360
98,660
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Average number of employees
During the year the average number of employees was 0 (2023: 0).