Company Registration No. 8578470 (England and Wales)
IW STUDIO LIMITED
Unaudited accounts
for the year ended 31 March 2018
IW STUDIO LIMITED
Unaudited accounts
Contents
IW STUDIO LIMITED
Company Information
for the year ended 31 March 2018
Company Number
8578470 (England and Wales)
Registered Office
REDHILL BARN
SCOTLAND LANE
GRANTHAM
LINCS
NG33 4ES
Accountants
NEIL SOUTHWELL
REDHILL BARN
SCOTLAND LANE
INGOLDSBY
NG33 4ES
IW STUDIO LIMITED
Statement of financial position
as at
31 March 2018
Tangible assets
12,749
12,692
Cash at bank and in hand
6,721
6,041
Creditors: amounts falling due within one year
(7,250)
(7,112)
Net current liabilities
(529)
(1,071)
Total assets less current liabilities
12,220
11,621
Creditors: amounts falling due after more than one year
(12,140)
(11,040)
Called up share capital
1
1
Profit and loss account
79
580
Shareholders' funds
80
581
For the year ending 31 March 2018 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.
Approved by the Board on 17 August 2018.
IAN WHISTON
Director
Company Registration No. 8578470
IW STUDIO LIMITED
Notes to the Accounts
for the year ended 31 March 2018
IW STUDIO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8578470. The registered office is REDHILL BARN, SCOTLAND LANE, GRANTHAM, LINCS, NG33 4ES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Charge for the year
12,750
5
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
6,625
6,537
IW STUDIO LIMITED
Notes to the Accounts
for the year ended 31 March 2018
6
Creditors: amounts falling due after more than one year
2018
2017
7
Share capital
2018
2017
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2017: 0).