Company Registration No. 11890133 (England and Wales)
PEPPER STUDIO LTD
Unaudited accounts
for the year ended 31 March 2021
PEPPER STUDIO LTD
Unaudited accounts
Contents
PEPPER STUDIO LTD
Company Information
for the year ended 31 March 2021
Director
FRIEND, Joseph Colin
Company Number
11890133 (England and Wales)
Registered Office
55 KENTISH TOWN ROAD
LONDON
NW1 8NX
UNITED KINGDOM
Accountants
Mansfield & Co - Chartered Accountants
55 Kentish Town Road
Camden Town
London
NW1 8NX
PEPPER STUDIO LTD
Statement of financial position
as at 31 March 2021
Cash at bank and in hand
217,929
158,075
Creditors: amounts falling due within one year
(195,228)
(50,098)
Net current assets
121,761
111,577
Total assets less current liabilities
122,548
112,627
Creditors: amounts falling due after more than one year
(32,999)
(32,999)
Called up share capital
200
200
Profit and loss account
89,349
79,428
Shareholders' funds
89,549
79,628
For the year ending 31 March 2021 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.
The financial statements were approved by the Board and authorised for issue on 30 November 2021 and were signed on its behalf by
FRIEND, Joseph Colin
Director
Company Registration No. 11890133
PEPPER STUDIO LTD
Notes to the Accounts
for the year ended 31 March 2021
PEPPER STUDIO LTD is a private company, limited by shares, registered in England and Wales, registration number 11890133. The registered office is 55 KENTISH TOWN ROAD, LONDON, NW1 8NX, UNITED KINGDOM.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment
5
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
Trade debtors
99,060
3,600
PEPPER STUDIO LTD
Notes to the Accounts
for the year ended 31 March 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
23,500
18,385
Loans from directors
90,000
-
7
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
32,999
32,999
8
Average number of employees
During the year the average number of employees was 3 (2020: 3).
