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Company Registration No. 10435875 (England and Wales)
Studio Pow Limited Annual report and unaudited accounts (Amended) for the year ended 31 October 2023
Studio Pow Limited Annual report and unaudited accounts (Amended) Contents
Page
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Studio Pow Limited Company Information for the year ended 31 October 2023
Director
Perry Colin Trevers
Secretary
Studio Pow Ltd
Company Number
10435875 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ
Accountants
Simon Kramer The Townhouse 114-116 Fore Street Hertford Hertfordshire SG14 1AJ
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Studio Pow Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
372,802 
652,464 
Tangible assets
92,512 
2,300 
465,314 
654,764 
Current assets
Inventories
- 
756,024 
Debtors
15,540,362 
8,959,131 
Cash at bank and in hand
537,699 
10,002 
16,078,061 
9,725,157 
Creditors: amounts falling due within one year
(2,246,328)
(420,211)
Net current assets
13,831,733 
9,304,946 
Total assets less current liabilities
14,297,047 
9,959,710 
Creditors: amounts falling due after more than one year
(13,913,405)
(9,198,966)
Net assets
383,642 
760,744 
Capital and reserves
Called up share capital
1,978 
1,169 
Share premium
1,344,620 
2,543,837 
Profit and loss account
(962,956)
(1,784,262)
Shareholders' funds
383,642 
760,744 
For the year ending 31 October 2023 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 31 December 2023 and were signed on its behalf by
Perry Colin Trevers Director Company Registration No. 10435875
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Studio Pow Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Studio Pow Limited is a private company, limited by shares, registered in England and Wales, registration number 10435875. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Intangible fixed assets
Intangible fixed assets (including computer software, licences, trademarks, patents, films, copyrights and purchased goodwill) are defined as identifiable non-monetary assets without physical substance and are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2022
652,464 
Disposals
(82,505)
At 31 October 2023
569,959 
Amortisation
At 1 November 2022
- 
Charge for the year
197,157 
At 31 October 2023
197,157 
Net book value
At 31 October 2023
372,802 
At 30 October 2022
652,464 
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Studio Pow Limited Notes to the Accounts for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
16,624 
3,721 
10,410 
30,755 
Additions
- 
73,908 
20,262 
94,170 
At 31 October 2023
16,624 
77,629 
30,672 
124,925 
Depreciation
At 1 November 2022
22,997 
2,357 
3,101 
28,455 
Charge for the year
(6,373)
2,136 
8,195 
3,958 
At 31 October 2023
16,624 
4,493 
11,296 
32,413 
Net book value
At 31 October 2023
- 
73,136 
19,376 
92,512 
At 30 October 2022
(6,373)
1,364 
7,309 
2,300 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
262,207 
Trade debtors
11,236,536 
24,653 
Accrued income and prepayments
25,600 
- 
Other debtors
4,278,226 
21,607 
15,540,362 
308,467 
Amounts falling due after more than one year
Accrued income and prepayments
- 
2,887,380 
Other debtors
- 
5,763,284 
- 
8,650,664 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,632,432 
- 
Trade creditors
68,522 
334,723 
Taxes and social security
78,282 
85,488 
Other creditors
1,387,376 
- 
Accruals
(920,284)
- 
2,246,328 
420,211 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
13,913,405 
9,198,966 
9
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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