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Company Registration No. 14076703 (England and Wales)
Crank Studios Limited Unaudited accounts for the period from 1 May 2023 to 31 December 2023
Crank Studios Limited Unaudited accounts Contents
Page
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Crank Studios Limited Company Information for the period from 1 May 2023 to 31 December 2023
Director
Mollie Targett
Company Number
14076703 (England and Wales)
Registered Office
Crank Studios Ltd 1 Beryl Burton Gardens Morley Leeds West Yorkshire LS27 9FN England
Accountants
Simpson Accounting Services 38 Kellington Lane Eggborough North Yorkshire DN14 0LB
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Crank Studios Limited Statement of financial position as at 31 December 2023
31/12/2023 
Notes
£ 
Fixed assets
Tangible assets
63,158 
Current assets
Debtors
4,212 
Cash at bank and in hand
22,819 
27,031 
Creditors: amounts falling due within one year
(16,102)
Net current assets
10,929 
Total assets less current liabilities
74,087 
Creditors: amounts falling due after more than one year
(101,161)
Net liabilities
(27,074)
Capital and reserves
Called up share capital
100 
Profit and loss account
(27,174)
Shareholders' funds
(27,074)
For the period ending 31 December 2023 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 her 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 22 May 2025 and were signed on its behalf by
Mollie Targett Director Company Registration No. 14076703
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Crank Studios Limited Notes to the Accounts for the period from 1 May 2023 to 31 December 2023
1
Statutory information
Crank Studios Limited is a private company, limited by shares, registered in England and Wales, registration number 14076703. The registered office is Crank Studios Ltd, 1 Beryl Burton Gardens, Morley, Leeds, West Yorkshire, LS27 9FN, 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.
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 period, 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.
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. No depreciation is provided for in teh year of acquisition:
Land & buildings
10% Straight Line
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
- 
- 
- 
Additions
11,717 
51,441 
63,158 
At 31 December 2023
11,717 
51,441 
63,158 
Depreciation
At 31 December 2023
- 
- 
- 
Net book value
At 31 December 2023
11,717 
51,441 
63,158 
5
Debtors
31/12/2023 
£ 
Amounts falling due within one year
VAT
1,574 
Trade debtors
2,638 
4,212 
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Crank Studios Limited Notes to the Accounts for the period from 1 May 2023 to 31 December 2023
6
Creditors: amounts falling due within one year
31/12/2023 
£ 
Trade creditors
233 
Taxes and social security
309 
Accruals
15,560 
16,102 
7
Creditors: amounts falling due after more than one year
31/12/2023 
£ 
Other creditors
40,000 
Loans from directors
61,161 
101,161 
8
Average number of employees
During the period the average number of employees was 0.
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