Company No:
Contents
| Note | 2024 | 2023 | ||
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| Current assets | ||||
| Debtors | 3 |
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| Cash at bank and in hand |
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| 2,000,378 | 412,845 | |||
| Creditors: amounts falling due within one year | 4 | (
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(
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| Net current assets | 175,082 | 33,176 | ||
| Total assets less current liabilities | 175,082 | 33,176 | ||
| Net assets |
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| Profit and loss account |
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| Total shareholder's funds |
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Director's responsibilities:
The financial statements of Studio Ashby International Limited (registered number:
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S G K Casely-Hayford
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Studio Ashby International Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Albert Goodman, Lupin Way, Yeovil, BA22 8WW, United Kingdom. The principal place of business is Blewcoat, 23 Caxton Street, London, SW1H 0PY.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
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| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including the director |
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| Trade debtors |
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| Other debtors |
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| £ | £ | ||
| Trade creditors |
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| Corporation tax |
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| Other taxation and social security |
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| Other creditors |
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Other related party transactions
The company has taken advantage of the exemptions provided from disclosing transactions with its group companies.
These financial statements are available upon request from Companies House, Cardiff.