Company Registration No. 13311808 (England and Wales)
Huxstudio Ltd
Unaudited accounts
for the year ended 30 April 2024
Huxstudio Ltd
Unaudited accounts
Contents
Huxstudio Ltd
Company Information
for the year ended 30 April 2024
Directors
Sean Paget
Victoria Paget
Company Number
13311808 (England and Wales)
Registered Office
2 Willow Cottages, Huxley Lane
Huxley
Chester
Cheshire
CH3 9BE
United Kingdom
Accountants
NJM Bookkeeping Limited
The Old Church Hall
Old Coach Road
Kelsall
Cheshire
CW6 0QJ
Huxstudio Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
7,776
8,974
Cash at bank and in hand
105
11,561
Creditors: amounts falling due within one year
(35,348)
(25,866)
Net current liabilities
(35,243)
(14,305)
Net liabilities
(27,467)
(5,331)
Called up share capital
2
2
Profit and loss account
(27,469)
(5,333)
Shareholders' funds
(27,467)
(5,331)
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 30 January 2025 and were signed on its behalf by
Sean Paget
Director
Company Registration No. 13311808
Huxstudio Ltd
Notes to the Accounts
for the year ended 30 April 2024
Huxstudio Ltd is a private company, limited by shares, registered in England and Wales, registration number 13311808. The registered office is 2 Willow Cottages, Huxley Lane, Huxley, Chester, Cheshire, CH3 9BE, United Kingdom.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Huxstudio Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
439
12,379
12,818
At 30 April 2024
564
14,497
15,061
At 1 May 2023
55
3,789
3,844
Charge for the year
121
3,320
3,441
At 30 April 2024
176
7,109
7,285
At 30 April 2024
388
7,388
7,776
At 30 April 2023
384
8,590
8,974
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
1,571
Loans from directors
34,735
23,601
6
Average number of employees
During the year the average number of employees was 2 (2023: 3).