Company Registration No. 13429198 (England and Wales)
STUDIO 2 SISTERS DEVELOPMENTS LIMITED
Unaudited accounts
for the year ended 31 May 2024
STUDIO 2 SISTERS DEVELOPMENTS LIMITED
Unaudited accounts
Contents
STUDIO 2 SISTERS DEVELOPMENTS LIMITED
Company Information
for the year ended 31 May 2024
Directors
Viktorija Plitnikaite
Violeta Plitnikaite
Company Number
13429198 (England and Wales)
Registered Office
27 Old Gloucester Street
London
WC1N 3AX
United Kingdom
STUDIO 2 SISTERS DEVELOPMENTS LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
71,349
70,000
Cash at bank and in hand
277
3,339
Creditors: amounts falling due within one year
(1,912)
(1,062)
Net current (liabilities)/assets
(1,635)
2,277
Total assets less current liabilities
69,714
72,277
Creditors: amounts falling due after more than one year
(80,000)
(80,000)
Net liabilities
(10,286)
(7,723)
Called up share capital
100
100
Profit and loss account
(10,386)
(7,823)
Shareholders' funds
(10,286)
(7,723)
For the year ending 31 May 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 27 March 2025 and were signed on its behalf by
Viktorija Plitnikaite
Director
Company Registration No. 13429198
STUDIO 2 SISTERS DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
STUDIO 2 SISTERS DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13429198. The registered office is 27 Old Gloucester Street, London, WC1N 3AX, 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:
Land & buildings
Land has an unlimited useful life and, therefore, is not depreciated.
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
70,000
-
70,000
At 31 May 2024
70,000
1,799
71,799
Charge for the year
-
450
450
At 31 May 2024
70,000
1,349
71,349
At 31 May 2023
70,000
-
70,000
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
1,062
212
STUDIO 2 SISTERS DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
10,000
10,000
Loans from directors
70,000
70,000
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).