REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2022 to 5 April 2024 |
for |
Studio 11:11 Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2022 to 5 April 2024 |
for |
Studio 11:11 Limited |
Studio 11:11 Limited (Registered number: 07062493) |
Contents of the Financial Statements |
for the Period 1 November 2022 to 5 April 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Studio 11:11 Limited |
Company Information |
for the Period 1 November 2022 to 5 April 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Grove House |
1 Grove Place |
Bedford |
Bedfordshire |
MK40 3JJ |
Studio 11:11 Limited (Registered number: 07062493) |
Statement of Financial Position |
5 April 2024 |
5.4.24 | 31.10.22 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
The financial statements were approved by the director and authorised for issue on |
Studio 11:11 Limited (Registered number: 07062493) |
Notes to the Financial Statements |
for the Period 1 November 2022 to 5 April 2024 |
1. | STATUTORY INFORMATION |
Studio 11:11 Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | 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 |
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, was being amortised over ten years but has been fully written off this year as its deemed realisable value was considered to be £NIL. |
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 |
Plant and machinery | - |
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. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2022 - NIL). |
Studio 11:11 Limited (Registered number: 07062493) |
Notes to the Financial Statements - continued |
for the Period 1 November 2022 to 5 April 2024 |
5. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 November 2022 |
and 5 April 2024 |
AMORTISATION |
At 1 November 2022 |
and 5 April 2024 |
NET BOOK VALUE |
At 5 April 2024 |
At 31 October 2022 |
6. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 1 November 2022 |
and 5 April 2024 |
DEPRECIATION |
At 1 November 2022 |
and 5 April 2024 |
NET BOOK VALUE |
At 5 April 2024 |
At 31 October 2022 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.24 | 31.10.22 |
£ | £ |
Social security and other taxes |
Directors' current accounts | 284,908 | 286,937 |
Accrued expenses |