Company Registration No. 13776589 (England and Wales)
AIAI STUDIOS LTD
Unaudited accounts
for the year ended 31 December 2024
AIAI STUDIOS LTD
Unaudited accounts
Contents
AIAI STUDIOS LTD
Company Information
for the year ended 31 December 2024
Director
Aiwan Rebekah Obinyan
Company Number
13776589 (England and Wales)
Registered Office
Bawtry Hall South Parade
Bawtry
Doncaster
England
DN10 6JH
England
Accountants
D&K Accounting Ltd
Beehive Offices
Bawtry Hall
Bawtry
DN10 6JH
AIAI STUDIOS LTD
Statement of financial position
as at 31 December 2024
Intangible assets
30,000
35,000
Tangible assets
2,800
4,612
Cash at bank and in hand
14,283
55,519
Creditors: amounts falling due within one year
(16,571)
(35,026)
Net current assets
16,980
27,963
Called up share capital
100
100
Profit and loss account
49,680
67,475
Shareholders' funds
49,780
67,575
For the year ending 31 December 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 11 March 2025 and were signed on its behalf by
Aiwan Rebekah Obinyan
Director
Company Registration No. 13776589
AIAI STUDIOS LTD
Notes to the Accounts
for the year ended 31 December 2024
AIAI STUDIOS LTD is a private company, limited by shares, registered in England and Wales, registration number 13776589. The registered office is Bawtry Hall South Parade, Bawtry, Doncaster, England, DN10 6JH, England.
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:
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
33% Straight Line Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 31 December 2024
50,000
At 31 December 2024
20,000
At 31 December 2024
30,000
At 31 December 2023
35,000
AIAI STUDIOS LTD
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
393
5,631
6,024
At 31 December 2024
393
5,822
6,215
At 1 January 2024
139
1,273
1,412
Charge for the year
63
1,940
2,003
At 31 December 2024
202
3,213
3,415
At 31 December 2024
191
2,609
2,800
At 31 December 2023
254
4,358
4,612
Amounts falling due within one year
Trade debtors
19,140
7,199
Accrued income and prepayments
128
271
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
61
12,139
Loans from directors
10,092
13,529
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).