1 November 2023 false Taxfiler 2024.6 11023978business:PrivateLimitedCompanyLtd2023-11-012024-10-31 110239782023-10-31 110239782023-11-012024-10-31 11023978business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 11023978business:FilletedAccounts2023-11-012024-10-31 110239782024-10-31 11023978business:Director12023-11-012024-10-31 11023978business:RegisteredOffice2023-11-012024-10-31 110239782023-10-31 11023978core:WithinOneYear2024-10-31 11023978core:WithinOneYear2023-10-31 11023978core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 11023978core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 11023978core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 11023978core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 11023978core:PreviouslyStatedAmount2024-10-31 11023978core:PreviouslyStatedAmount2023-10-31 11023978business:SmallEntities2023-11-012024-10-31 11023978countries:EnglandWales2023-11-012024-10-31 11023978core:PlantMachinery2023-11-012024-10-31 11023978core:ComputerEquipment2023-11-012024-10-31 11023978core:PlantMachinery2023-10-31 11023978core:ComputerEquipment2023-10-31 11023978core:PlantMachinery2024-10-31 11023978core:ComputerEquipment2024-10-31 1102397812023-11-012024-10-31 110239782022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 11023978 (England and Wales)
Studio M Architecture & Design Ltd (previously Matthew and David - Design Limited) Unaudited accounts for the year ended 31 October 2024
Studio M Architecture & Design Ltd (previously Matthew and David - Design Limited) Unaudited accounts Contents
Page
- 2 -
Studio M Architecture & Design Ltd (previously Matthew and David - Design Limited) Company Information for the year ended 31 October 2024
Director
Matthew Howard Baker
Company Number
11023978 (England and Wales)
Registered Office
237 Leigham Court Road London London SW16 2SB England
Accountants
Solid Ltd Eagle House 163 City Road London EC1V 1NR
- 3 -
Studio M Architecture & Design Ltd (previously Matthew and David - Design Limited) Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
493 
899 
Current assets
Debtors
7,202 
13,596 
Cash at bank and in hand
20,592 
29,488 
27,794 
43,084 
Creditors: amounts falling due within one year
(24,805)
(31,912)
Net current assets
2,989 
11,172 
Net assets
3,482 
12,071 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,382 
11,971 
Shareholders' funds
3,482 
12,071 
For the year ending 31 October 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 20 May 2025 and were signed on its behalf by
Matthew Howard Baker Director Company Registration No. 11023978
- 4 -
Studio M Architecture & Design Ltd (previously Matthew and David - Design Limited) Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Studio M Architecture & Design Ltd (previously Matthew and David - Design Limited) is a private company, limited by shares, registered in England and Wales, registration number 11023978. The registered office is 237 Leigham Court Road, London, London, SW16 2SB, 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 year, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
over 3 years
Computer equipment
over 3 years
- 5 -
Studio M Architecture & Design Ltd (previously Matthew and David - Design Limited) Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
2,572 
1,797 
4,369 
Additions
- 
231 
231 
At 31 October 2024
2,572 
2,028 
4,600 
Depreciation
At 1 November 2023
2,572 
898 
3,470 
Charge for the year
- 
637 
637 
At 31 October 2024
2,572 
1,535 
4,107 
Net book value
At 31 October 2024
- 
493 
493 
At 31 October 2023
- 
899 
899 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,241 
6,046 
Accrued income and prepayments
961 
7,550 
7,202 
13,596 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,073 
6,898 
Trade creditors
8,620 
6,076 
Taxes and social security
6,843 
9,578 
Other creditors
- 
1,897 
Loans from directors
1,269 
7,463 
24,805 
31,912 
7
Post balance sheet events
The company changed it's name on 19 March 2025 from Matthew and David Design Limited to Studio M Architecture & Design Ltd.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -