1 November 2023 v2025.6.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP129400682023-11-012024-10-31129400682024-10-31129400682023-10-3112940068core:WithinOneYear2024-10-3112940068core:WithinOneYear2023-10-3112940068core:ShareCapital2024-10-3112940068core:ShareCapital2023-10-3112940068core:RetainedEarningsAccumulatedLosses2024-10-3112940068core:RetainedEarningsAccumulatedLosses2023-10-3112940068bus:Director12023-11-012024-10-3112940068bus:RegisteredOffice2023-11-012024-10-3112940068core:LandBuildings2023-11-012024-10-3112940068core:FurnitureFittings2023-11-012024-10-3112940068core:LandBuildings2023-11-0112940068core:PlantMachinery2023-11-01129400682023-11-0112940068core:PlantMachinery2023-11-012024-10-3112940068core:LandBuildings2024-10-3112940068core:PlantMachinery2024-10-3112940068core:LandBuildings2023-10-3112940068core:PlantMachinery2023-10-311294006812023-11-012024-10-31129400682022-11-012023-10-3112940068countries:EnglandWales2023-11-012024-10-3112940068bus:AuditExemptWithAccountantsReport2023-11-012024-10-3112940068bus:PrivateLimitedCompanyLtd2023-11-012024-10-3112940068bus:SmallEntities2023-11-012024-10-3112940068bus:FullAccounts2023-11-012024-10-31
Company registration number:
12940068
Kate Howe Studios Ltd
Unaudited Filleted Financial Statements for the year ended
31 October 2024
TAG (Maidstone) Ltd
10 Coverdale Avenue, Maidstone, Kent, ME15 9DR, United Kingdom
Kate Howe Studios Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Kate Howe Studios Ltd
Year ended
31 October 2024
As described on the statement of financial position, the Board of Directors of
Kate Howe Studios Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 October 2024
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
TAG (Maidstone) Ltd
10 Coverdale Avenue
Maidstone
Kent
ME15 9DR
United Kingdom
Date:
27 January 2025
Kate Howe Studios Ltd
Statement of Financial Position
31 October 2024
20242023
Note££
Fixed assets    
Tangible assets 5
7,845
 
13,178
 
Current assets    
Stocks
6,977
 
11,955
 
Debtors 6
9,650
 
9,125
 
Cash at bank and in hand
58
 
274
 
16,685
 
21,354
 
Creditors: amounts falling due within one year 7
(402,671
)
(300,404
)
Net current liabilities
(385,986
)
(279,050
)
Total assets less current liabilities (378,141 ) (265,872 )
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
(378,142
)
(265,873
)
Shareholders deficit
(378,141
)
(265,872
)
For the year ending
31 October 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
27 January 2025
, and are signed on behalf of the board by:
Katheryne Howe
Director
Company registration number:
12940068
Kate Howe Studios Ltd
Notes to the Financial Statements
Year ended
31 October 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
55 High Street
,
Hampton Wick
,
Kingston Upon Thames
,
KT1 4DG
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Tangible assets

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
25% on cost
Fixtures and fittings
20% on reducing balance

Stocks

Stocks are measured at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 November 2023
17,152
 
16,804
 
33,956
 
Additions -  
917
 
917
 
At
31 October 2024
17,152
 
17,721
 
34,873
 
Depreciation      
At
1 November 2023
12,864
 
7,914
 
20,778
 
Charge
4,288
 
1,962
 
6,250
 
At
31 October 2024
17,152
 
9,876
 
27,028
 
Carrying amount      
At
31 October 2024
-  
7,845
 
7,845
 
At 31 October 2023
4,288
 
8,890
 
13,178
 

6 Debtors

20242023
££
Trade debtors
525
  -  
Other debtors
9,125
 
9,125
 
9,650
 
9,125
 

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
10,544
 
7,920
 
Trade creditors
751
 
3,982
 
Taxation and social security
(36
)
16
 
Other creditors
391,412
 
288,486
 
402,671
 
300,404