REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2024 to 31 December 2024 |
for |
Simonato Design Studio Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2024 to 31 December 2024 |
for |
Simonato Design Studio Ltd |
Simonato Design Studio Ltd (Registered number: 13795710) |
Contents of the Financial Statements |
for the Period 1 April 2024 to 31 December 2024 |
Page |
Abridged Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
Simonato Design Studio Ltd (Registered number: 13795710) |
Abridged Balance Sheet |
31 December 2024 |
2024 | 2024 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the director and authorised for issue on |
Simonato Design Studio Ltd (Registered number: 13795710) |
Notes to the Financial Statements |
for the Period 1 April 2024 to 31 December 2024 |
1. | STATUTORY INFORMATION |
Simonato Design Studio Ltd is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Financial instruments |
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments. |
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
Basic financial assets, which include debtors and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised. |
Basic financial liabilities, including creditors, are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method. Financial liabilities classified as payable within one year are not amortised. |
Taxation |
Taxation for the period comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Going concern |
The company ceased trading in March 2023 and subsequently, the going concern basis has not been used for the preparation of these accounts. All balances will be settled and any resultant accumulated losses will be offset against the amount payable to the director, subject to the availability of bank funds. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2024 - NIL). |
Simonato Design Studio Ltd (Registered number: 13795710) |
Notes to the Financial Statements - continued |
for the Period 1 April 2024 to 31 December 2024 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2024 |
value: | £ | £ |
Ordinary | 1 | 1 | 1 |