Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01falseNo description of principal activity22truetruefalse 12030212 2023-07-01 2024-06-30 12030212 2022-07-01 2023-06-30 12030212 2024-06-30 12030212 2023-06-30 12030212 c:Director1 2023-07-01 2024-06-30 12030212 d:OfficeEquipment 2023-07-01 2024-06-30 12030212 d:OfficeEquipment 2024-06-30 12030212 d:OfficeEquipment 2023-06-30 12030212 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12030212 d:CurrentFinancialInstruments 2024-06-30 12030212 d:CurrentFinancialInstruments 2023-06-30 12030212 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12030212 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12030212 d:ShareCapital 2024-06-30 12030212 d:ShareCapital 2023-06-30 12030212 d:RetainedEarningsAccumulatedLosses 2024-06-30 12030212 d:RetainedEarningsAccumulatedLosses 2023-06-30 12030212 c:OrdinaryShareClass1 2023-07-01 2024-06-30 12030212 c:OrdinaryShareClass1 2024-06-30 12030212 c:OrdinaryShareClass1 2023-06-30 12030212 c:FRS102 2023-07-01 2024-06-30 12030212 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12030212 c:FullAccounts 2023-07-01 2024-06-30 12030212 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12030212 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12030212









STUDIO GOMILSEK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
STUDIO GOMILSEK LTD
REGISTERED NUMBER: 12030212

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,004
2,506

  
1,004
2,506

Current assets
  

Debtors: amounts falling due within one year
 5 
34,051
-

Cash at bank and in hand
 6 
5,152
57,853

  
39,203
57,853

Creditors: amounts falling due within one year
 7 
(15,699)
(29,526)

Net current assets
  
 
 
23,504
 
 
28,327

Total assets less current liabilities
  
24,508
30,833

  

Net assets
  
24,508
30,833


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
24,408
30,733

  
24,508
30,833


Page 1

 
STUDIO GOMILSEK LTD
REGISTERED NUMBER: 12030212
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 March 2025.




M A Gomilsek-Cole
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
STUDIO GOMILSEK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Studio Gomilsek Limited is a private company limited by shares incorporated in England & Wales (registered number 12030212). The registered office is 101 New Cavendish Street, London, United Kingdom, W1W 6XH . 
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
STUDIO GOMILSEK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
STUDIO GOMILSEK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 July 2023
6,007



At 30 June 2024

6,007



Depreciation


At 1 July 2023
3,501


Charge for the year on owned assets
1,502



At 30 June 2024

5,003



Net book value



At 30 June 2024
1,004



At 30 June 2023
2,506

Page 5

 
STUDIO GOMILSEK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£

Trade debtors
34,050
-

Other debtors
1
-

34,051
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
5,152
57,853

5,152
57,853



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
12,661
23,469

Other creditors
38
57

Accruals and deferred income
3,000
6,000

15,699
29,526



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 6