STAGESKOOL THEATRE ARTS LTD


Directors	WEIR, Kim Christina
	WEIR, Stephen Edgar


Registered Address	Cround Floor Cardigan House
	Castle Court
	Swansea
	SA7 9LA


Registered Number	12806481 (England and Wales)

Statement of Financial Position
31 August 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		-		289
			-		289
Current assets
Cash at bank and on hand		336		714
		336		714
Creditors amounts falling due within one year	4	(66,218)		(47,130)
Net current assets (liabilities)			(65,882)		(46,416)
Total assets less current liabilities			(65,882)		(46,127)
Net assets			(65,882)		(46,127)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(65,982)		(46,227)
Shareholders' funds			(65,882)		(46,127)

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 24 September 2025, and are signed on its behalf by:

WEIR, Kim Christina
Director
Registered Company No. 12806481

STAGESKOOL THEATRE ARTS LTD

Notes to the Financial Statements
for the year ended 31 August 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The company continues to adopt the going concern basis in preparing its financial statements.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	3

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 September 23	1,041	1,041
At 31 August 24	1,041	1,041
Depreciation and impairment
At 01 September 23	752	752
Charge for year	289	289
At 31 August 24	1,041	1,041
Net book value
At 31 August 24	-	-
At 31 August 23	289	289

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Other creditors	65,576	46,488
Accrued liabilities and deferred income	642	642
Total	66,218	47,130


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.