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REGISTERED NUMBER: 14793383 (England and Wales)












SAIRO STUDIOS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 11 APRIL 2023 TO 30 APRIL 2024






SAIRO STUDIOS LTD (REGISTERED NUMBER: 14793383)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 11 APRIL 2023 TO 30 APRIL 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SAIRO STUDIOS LTD

COMPANY INFORMATION
FOR THE PERIOD 11 APRIL 2023 TO 30 APRIL 2024







DIRECTORS: J W Ascroft
M D Hall
W R Sames





REGISTERED OFFICE: Shorrock House
1 Faraday Court
Fulwood
Preston
Lancashire
PR2 9NB





REGISTERED NUMBER: 14793383 (England and Wales)





ACCOUNTANTS: Rushtons
Chartered Accountants
Shorrock House
1 Faraday Court
Fulwood
Preston
Lancashire
PR2 9NB

SAIRO STUDIOS LTD (REGISTERED NUMBER: 14793383)

ABRIDGED BALANCE SHEET
30 APRIL 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,069

CURRENT ASSETS
Debtors 24,110
Cash at bank 43
24,153
CREDITORS
Amounts falling due within one year 35,214
NET CURRENT LIABILITIES (11,061 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,992

)

PROVISIONS FOR LIABILITIES 393
NET LIABILITIES (9,385 )

CAPITAL AND RESERVES
Called up share capital 9,000
Retained earnings (18,385 )
SHAREHOLDERS' FUNDS (9,385 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SAIRO STUDIOS LTD (REGISTERED NUMBER: 14793383)

ABRIDGED BALANCE SHEET - continued
30 APRIL 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 period ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 3 January 2025 and were signed on its behalf by:




J W Ascroft - Director W R Sames - Director




M D Hall - Director


SAIRO STUDIOS LTD (REGISTERED NUMBER: 14793383)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 11 APRIL 2023 TO 30 APRIL 2024

1. STATUTORY INFORMATION

Sairo 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.

The financial statements have been prepared on a going concern basis, the validity of which may be inappropriate as at 30 April 2024, the company's total liabilities exceeded its total assets by £9,385. The financial statements do not include any adjustment that may result from the company ceasing to trade. The directors have lent £20,283 to the company and have indicated that they do not require these funds to be repaid at present.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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.
Computer equipment - 33% on cost

Taxation
Taxation for the period 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.


SAIRO STUDIOS LTD (REGISTERED NUMBER: 14793383)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 11 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 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 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 3 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 3,281
At 30 April 2024 3,281
DEPRECIATION
Charge for period 1,212
At 30 April 2024 1,212
NET BOOK VALUE
At 30 April 2024 2,069