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
Studio Pow Limited
Company Information
for the year ended 31 October 2023
Director
Perry Colin Trevers
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
Studio Pow Limited
Statement of financial position
as at 31 October 2023
Intangible assets
372,802
652,464
Tangible assets
92,512
2,300
Debtors
15,540,362
8,959,131
Cash at bank and in hand
537,699
10,002
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
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
Studio Pow Limited
Notes to the Accounts
for the year ended 31 October 2023
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.
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:
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
At 1 November 2022
652,464
At 31 October 2023
569,959
Charge for the year
197,157
At 31 October 2023
197,157
At 31 October 2023
372,802
At 30 October 2022
652,464
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
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
At 31 October 2023
-
73,136
19,376
92,512
At 30 October 2022
(6,373)
1,364
7,309
2,300
Amounts falling due within one year
Trade debtors
11,236,536
24,653
Accrued income and prepayments
25,600
-
Other debtors
4,278,226
21,607
Amounts falling due after more than one year
Accrued income and prepayments
-
2,887,380
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
68,522
334,723
Taxes and social security
78,282
85,488
Other creditors
1,387,376
-
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
13,913,405
9,198,966
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Average number of employees
During the year the average number of employees was 6 (2022: 6).