Registered Number
:
10163638
|
For the year ended 31 May 2020
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2020
FOX DESIGN STUDIO LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
FOX DESIGN STUDIO LTD
Statement of Financial Position
2019
2020
Property
,
plant and equipment
|
448
834
2
448
834
Trade and other receivables
|
6,545
592
3
18,545
Cash and cash equivalents
|
24,707
25,299
25,090
Trade and other payables
:
amounts falling due within one
|
year
|
(9,646)
(10,963)
4
15,444
14,336
Net current assets
Total assets less current liabilities
|
14,784
16,278
14,784
Net assets
16,278
100
100
14,684
16,178
14,784
16,278
Shareholders' funds
For the year ended 31 May 2020 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 of its financial statements for the year ended 31 May 2020 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
MR LIS, Krzysztof Director
|
These financial statements were approved and authorised for issue by the Board on 10 February 2021 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 May 2020
FOX DESIGN STUDIO LTD
Notes to the Financial Statements
Statutory Information
FOX DESIGN STUDIO LTD is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
10163638
.
|
20a Avenue Road
Leamington Spa
CV31 3PQ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer Equipment
2
.
Property
,
plant and equipment
|
1,383
1,383
Provision for depreciation and impairment
|
549
Charge for year
386
935
448
834
2 of 3
For the year ended 31 May 2020
FOX DESIGN STUDIO LTD
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2019
2020
-
6,545
592
-
6,545
592
4
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
-
81
Taxation and social security
|
10,960
9,565
3
-
10,963
9,646
5
.
Average number of persons employed
|
During the year the average number of employees was 1 (2019 : 1)
3 of 3