Company Registration No. 06552638 (England and Wales)
THE KENSINGTON STUDIO LIMITED
Unaudited accounts
for the year ended 30 April 2024
THE KENSINGTON STUDIO LIMITED
Unaudited accounts
Contents
THE KENSINGTON STUDIO LIMITED
Company Information
for the year ended 30 April 2024
Directors
Steven Mongey
Adam Naylor
Company Number
06552638 (England and Wales)
Registered Office
24A RADLEY MEWS
KENSINGTON
LONDON
W8 6JP
THE KENSINGTON STUDIO LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
2,583
3,150
Investments
100,774
95,774
Cash at bank and in hand
104,249
66,358
Creditors: amounts falling due within one year
(18,012)
(15,067)
Net current assets
95,032
51,291
Net assets
198,389
150,215
Called up share capital
4
4
Profit and loss account
198,385
150,211
Shareholders' funds
198,389
150,215
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by
Adam Naylor
Director
Company Registration No. 06552638
THE KENSINGTON STUDIO LIMITED
Notes to the Accounts
for the year ended 30 April 2024
THE KENSINGTON STUDIO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06552638. The registered office is 24A RADLEY MEWS, KENSINGTON, LONDON, W8 6JP.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line over the life of the lease
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
2,544
36,653
37,569
76,766
At 30 April 2024
2,544
36,653
37,569
76,766
At 1 May 2023
2,544
36,491
34,581
73,616
Charge for the year
-
29
538
567
At 30 April 2024
2,544
36,520
35,119
74,183
At 30 April 2024
-
133
2,450
2,583
At 30 April 2023
-
162
2,988
3,150
THE KENSINGTON STUDIO LIMITED
Notes to the Accounts
for the year ended 30 April 2024
5
Investments
Other investments
Valuation at 1 May 2023
95,774
Fair value adjustments
5,000
Valuation at 30 April 2024
100,774
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
18,012
7,636
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).