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Company Registration No. 04451140 (England and Wales)
RUDD STUDIO LIMITED Unaudited accounts for the year ended 30 June 2024
RUDD STUDIO LIMITED Unaudited accounts Contents
Page
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RUDD STUDIO LIMITED Company Information for the year ended 30 June 2024
Director
Matthew Rudd
Company Number
04451140 (England and Wales)
Registered Office
BUILDING 6 30 FRIERN PARK LONDON N12 9DA
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RUDD STUDIO LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1 
1,029 
Current assets
Debtors
6,132 
30,523 
Cash at bank and in hand
65,791 
60,325 
71,923 
90,848 
Creditors: amounts falling due within one year
(30,700)
(32,800)
Net current assets
41,223 
58,048 
Total assets less current liabilities
41,224 
59,077 
Provisions for liabilities
Deferred tax
- 
(196)
Net assets
41,224 
58,881 
Capital and reserves
Called up share capital
76 
76 
Capital redemption reserve
24 
24 
Profit and loss account
41,124 
58,781 
Shareholders' funds
41,224 
58,881 
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 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 6 March 2025 and were signed on its behalf by
Matthew Rudd Director Company Registration No. 04451140
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RUDD STUDIO LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
RUDD STUDIO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04451140. The registered office is BUILDING 6, 30 FRIERN PARK, LONDON, N12 9DA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
33.33%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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RUDD STUDIO LIMITED Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2023
63,515 
At 30 June 2024
63,515 
Depreciation
At 1 July 2023
62,486 
Charge for the year
1,028 
At 30 June 2024
63,514 
Net book value
At 30 June 2024
1 
At 30 June 2023
1,029 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,132 
30,523 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,950 
4,243 
Trade creditors
260 
4,458 
Taxes and social security
10,739 
9,014 
Loans from directors
15,931 
13,977 
Accruals
820 
1,108 
30,700 
32,800 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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