STUDIO ZNA LIMITED

STUDIO ZNA LIMITED

STUDIO ZNA LIMITED - Company Information

Print Friendly Version

STUDIO ZNA LIMITED

Company Registration Number:
07367390 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2019

Period of accounts

Start date: 01 October 2018

End date: 30 September 2019

STUDIO ZNA LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2019

Balance sheet
Notes

STUDIO ZNA LIMITED

Balance sheet

As at 30 September 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 7,411 11,616
Total fixed assets: 7,411 11,616
Current assets
Debtors:   76,499 53,347
Cash at bank and in hand: 170,719 321,234
Total current assets: 247,218 374,581
Creditors: amounts falling due within one year:   (46,363) (71,081)
Net current assets (liabilities): 200,855 303,500
Total assets less current liabilities: 208,266 315,116
Total net assets (liabilities): 208,266 315,116
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 208,265 315,115
Shareholders funds: 208,266 315,116

The notes form part of these financial statements

STUDIO ZNA LIMITED

Balance sheet statements

For the year ending 30 September 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 18 June 2020
and signed on behalf of the board by:

Name: Ms Zerlina Hughes
Status: Director

The notes form part of these financial statements

STUDIO ZNA LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible assets are stated at cost Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their respective useful lives as follows Furniture Fixtures & Fittings on a five year Straight Line Basis

Other accounting policies

FOREIGN CURRENCIES Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

STUDIO ZNA LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2019

2. Employees

2019 2018
Average number of employees during the period 4 5

STUDIO ZNA LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2019

3. Tangible Assets

Total
Cost £
At 01 October 2018 23,043
At 30 September 2019 23,043
Depreciation
At 01 October 2018 11,427
Charge for year 4,205
At 30 September 2019 15,632
Net book value
At 30 September 2019 7,411
At 30 September 2018 11,616

STUDIO ZNA LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2019

4. Loans to directors

Name of director receiving advance or credit: Ms Z Hughes
Description of the loan: A loan repayable on call
£
Balance at 01 October 2018 5,905
Advances or credits repaid: 5,905
Balance at 30 September 2019 0