1 June 2024 v2025.83.1 micro_entity_frs_105_v1_1_3 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP140968102024-06-012025-05-31140968102025-05-31140968102024-05-3114096810core:WithinOneYear2025-05-3114096810core:WithinOneYear2024-05-3114096810bus:RegisteredOffice2024-06-012025-05-31140968102023-06-012024-05-3114096810bus:Director12024-06-012025-05-311409681012024-06-012025-05-3114096810countries:EnglandWales2024-06-012025-05-3114096810bus:AuditExempt-NoAccountantsReport2024-06-012025-05-3114096810bus:PrivateLimitedCompanyLtd2024-06-012025-05-3114096810bus:Micro-entities2024-06-012025-05-3114096810bus:FullAccounts2024-06-012025-05-31
Company registration number:
14096810
Ib Studios Ltd
Unaudited Filleted Financial Statements for the year ended
31 May 2025
Ib Studios Ltd
Statement of Financial Position
31 May 2025
20252024
££
Fixed assets
1,143
 
845
 
   
Current assets
8,036
 
3,421
 
Prepayments and accrued income -  
2,800
 
Creditors: amounts falling due within one year
(8,108
 )
(5,402
 )
Net current (liabilities)/assets
(72
 )
819
 
Total assets less current liabilities
1,071
 
1,664
 
Accruals and deferred income
(100
 )
(100
 )
Net assets
971
 
1,564
 
   
Capital and reserves
971
 
1,564
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
1 1 Colebrook Field Bighton Hill
,
Ropley
,
Hampshire
,
SO24 9FP
, England.

2 Average number of employees

The average number of persons employed by the company during the year was
1
(2024:
1.00
).

3 Director's advances, credit and guarantees

Mrs Iona At the balance sheet date, the amount due (from) Mrs Iona was £2,085 (2024 - (£2,545))
For the year ending
31 May 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
5 January 2026
, and are signed on behalf of the board by:
I Bourke
Director
Company registration number:
14096810