Company Registration No. 06317913 (England and Wales)
Junction Studio Ltd
Unaudited accounts
for the year ended 30 June 2024
Junction Studio Ltd
Unaudited accounts
Contents
Junction Studio Ltd
Company Information
for the year ended 30 June 2024
Directors
Thomas Lloyd Neish
Emma Sally Scott-Child
Company Number
06317913 (England and Wales)
Registered Office
1 SYDNEY STREET
BRIGHTON
BN1 4EN
ENGLAND
Accountants
Davies Business Consultancy
63 Norfolk Road
Littlehampton
West Sussex
BN17 5HE
Junction Studio Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
13,035
10,971
Cash at bank and in hand
117,372
126,062
Creditors: amounts falling due within one year
(49,988)
(48,660)
Net current assets
99,045
173,847
Net assets
112,080
184,818
Called up share capital
100
100
Profit and loss account
111,980
184,718
Shareholders' funds
112,080
184,818
For the year ending 30 June 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 18 February 2025 and were signed on its behalf by
Emma Sally Scott-Child
Director
Company Registration No. 06317913
Junction Studio Ltd
Notes to the Accounts
for the year ended 30 June 2024
Junction Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 06317913. The registered office is 1 SYDNEY STREET, BRIGHTON, BN1 4EN, ENGLAND.
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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:
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
9,509
9,950
10,056
29,515
Additions
-
537
4,388
4,925
At 30 June 2024
9,509
10,487
14,444
34,440
At 1 July 2023
8,633
6,991
2,920
18,544
Charge for the year
158
629
2,074
2,861
At 30 June 2024
8,791
7,620
4,994
21,405
At 30 June 2024
718
2,867
9,450
13,035
At 30 June 2023
876
2,959
7,136
10,971
Junction Studio Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
23,238
49,367
Other debtors
8,423
47,078
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
20,601
10,742
Taxes and social security
(2,920)
(3,561)
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Average number of employees
During the year the average number of employees was 0 (2023: 0).