Company Registration No. 10827941 (England and Wales)
Northdown Studios Ltd
Unaudited accounts
for the year ended 30 June 2022
Northdown Studios Ltd
Unaudited accounts
Contents
Northdown Studios Ltd
Company Information
for the year ended 30 June 2022
Directors
A Z M L R Vandenberg
L O J P B Vandenberg
Company Number
10827941 (England and Wales)
Registered Office
276 Northdown Road
Margate
CT9 2PT
Accountants
Meades Accounting Limited
Third Floor
Mill Lane House
Margate
CT9 1LB
Northdown Studios Ltd
Statement of financial position
as at
30 June 2022
Tangible assets
12,560
12,433
Cash at bank and in hand
19,126
4,831
Creditors: amounts falling due within one year
(16,855)
(8,039)
Net current assets/(liabilities)
2,271
(3,208)
Called up share capital
2
2
Profit and loss account
14,829
9,223
Shareholders' funds
14,831
9,225
For the year ending 30 June 2022 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 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 28 December 2022 and were signed on its behalf by
A Z M L R Vandenberg
Director
Company Registration No. 10827941
Northdown Studios Ltd
Notes to the Accounts
for the year ended 30 June 2022
Northdown Studios Ltd is a private company, limited by shares, registered in England and Wales, registration number 10827941. The registered office is 276 Northdown Road, Margate, CT9 2PT.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Short Leasehold Property - 10% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2021
11,503
5,864
17,367
At 30 June 2022
11,503
8,262
19,765
At 1 July 2021
3,956
978
4,934
Charge for the year
755
1,516
2,271
At 30 June 2022
4,711
2,494
7,205
At 30 June 2022
6,792
5,768
12,560
At 30 June 2021
7,547
4,886
12,433
Northdown Studios Ltd
Notes to the Accounts
for the year ended 30 June 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
2,467
250
Loans from directors
13,477
7,069
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).