Company Registration No. SC626503 (Scotland)
Tom Martin Studio Limited
Unaudited accounts
for the year ended 30 April 2024
Tom Martin Studio Limited
Unaudited accounts
Contents
Tom Martin Studio Limited
Company Information
for the year ended 30 April 2024
Company Number
SC626503 (Scotland)
Registered Office
C/O Braes Accountancy
Ironworks Business Centre
Castlelaurie Industrial Estate
Falkirk
Stirlingshire
FK2 7XE
United Kingdom
Accountants
Braes Accountancy Limited
Ironworks Business Centre
Castlelaurie Industrial Estate
Falkirk
Stirlingshire
FK2 7XE
Tom Martin Studio Limited
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
300
1,097
Creditors: amounts falling due within one year
3,829
7,230
Net current assets
13,137
17,335
Total assets less current liabilities
13,137
17,335
Creditors: amounts falling due after more than one year
(12,812)
(14,963)
Called up share capital
100
100
Profit and loss account
225
2,272
Shareholders' funds
325
2,372
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 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 2 May 2024 and were signed on its behalf by
Thomas Martin
Director
Company Registration No. SC626503
Tom Martin Studio Limited
Notes to the Accounts
for the year ended 30 April 2024
Tom Martin Studio Limited is a private company, limited by shares, registered in Scotland, registration number SC626503. The registered office is C/O Braes Accountancy, Ironworks Business Centre, Castlelaurie Industrial Estate, Falkirk, Stirlingshire, FK2 7XE, 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.
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:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due after more than one year
Tom Martin Studio Limited
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,500
2,500
Taxes and social security
28,857
20,424
Loans from directors
(35,186)
(30,154)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).