2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 14197958 2023-07-01 2024-06-30 14197958 2024-06-30 14197958 2023-06-30 14197958 2022-06-27 2023-06-30 14197958 2023-06-30 14197958 2022-06-26 14197958 bus:Director1 2023-07-01 2024-06-30 14197958 bus:Director2 2023-07-01 2024-06-30 14197958 core:WithinOneYear 2024-06-30 14197958 core:WithinOneYear 2023-06-30 14197958 bus:Director1 2023-06-30 14197958 bus:Director1 2024-06-30 14197958 bus:Director2 2023-06-30 14197958 bus:Director2 2024-06-30 14197958 bus:Director1 2023-06-30 14197958 bus:Director2 2023-06-30 14197958 bus:Director1 2022-06-27 2023-06-30 14197958 bus:Director2 2022-06-27 2023-06-30 14197958 bus:Micro-entities 2023-07-01 2024-06-30 14197958 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14197958 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14197958 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14197958 bus:FullAccounts 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 14197958
IO Design Studio Limited
Filleted Unaudited Financial Statements
30 June 2024
IO Design Studio Limited
Statement of Financial Position
30 June 2024
Period from
Year to
27 Jun 22 to
30 Jun 24
30 Jun 23
£
£
£
£
Fixed assets
2,144
1,621
-------
-------
Current assets
9,991
14,021
Prepayments and accrued income
1,160
326
---------
---------
11,151
14,347
Creditors: amounts falling due within one year
2,263
4,760
---------
---------
Net current assets
8,888
9,587
---------
---------
Total assets less current liabilities
11,032
11,208
Accruals and deferred income
1,200
1,200
---------
---------
9,832
10,008
---------
---------
Capital and reserves
9,832
10,008
-------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr O W Holt
3,800
14,397
( 13,804)
4,393
Mrs I K Barratt
3,494
12,240
( 12,678)
3,056
-------
---------
---------
-------
7,294
26,637
( 26,482)
7,449
-------
---------
---------
-------
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr O W Holt
14,280
( 10,480)
3,800
Mrs I K Barratt
16,794
( 13,300)
3,494
----
---------
---------
-------
31,074
( 23,780)
7,294
----
---------
---------
-------
The non-interest bearing loans are repayable upon demand.
For the year ending 30th June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge 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 in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 31 March 2025 , and are signed on behalf of the board by:
Mr O W Holt
Mrs I K Barratt
Director
Director
Company registration number: 14197958
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 The Hawthorns, Shrewsbury, SY3 7NA.