Lind Studio Limited

Lind Studio Limited

LIND STUDIO LIMITED - Company Information

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1 April 2020 false No description of principal activity Taxfiler 2021.7 11495191business:PrivateLimitedCompanyLtd2020-04-012021-03-31 114951912020-03-31 114951912020-04-012021-03-31 11495191business:AuditExemptWithAccountantsReport2020-04-012021-03-31 11495191business:FullAccounts2020-04-012021-03-31 114951912021-03-31 11495191business:Director12020-04-012021-03-31 11495191business:RegisteredOffice2020-04-012021-03-31 114951912020-03-31 11495191core:WithinOneYear2021-03-31 11495191core:WithinOneYear2020-03-31 11495191core:AfterOneYear2021-03-31 11495191core:AfterOneYear2020-03-31 11495191core:ShareCapital2021-03-31 11495191core:ShareCapital2020-03-31 11495191core:RetainedEarningsAccumulatedLosses2021-03-31 11495191core:RetainedEarningsAccumulatedLosses2020-03-31 11495191business:SmallEntities2020-04-012021-03-31 11495191countries:EnglandWales2020-04-012021-03-31 11495191core:ComputerEquipment2020-04-012021-03-31 11495191core:ComputerEquipment2020-03-31 11495191core:ComputerEquipment2021-03-31 11495191business:OrdinaryShareClass12020-04-012021-03-31 11495191business:OrdinaryShareClass12019-04-012020-03-31 114951912019-04-012020-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11495191 (England and Wales)
Lind Studio Limited Unaudited accounts for the year ended 31 March 2021
Lind Studio Limited Unaudited accounts Contents
Page
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Lind Studio Limited Company Information for the year ended 31 March 2021
Director
Emma Lindblom
Company Number
11495191 (England and Wales)
Registered Office
A1401 9 Owen Street Manchester England M15 4TP
Accountants
Accounts Lab Ltd The Leeming Building Vicar Lane Leeds West Yorkshire LS2 7JF
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Lind Studio Limited Accountants' report
Accountants' report to the director of Lind Studio Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lind Studio Limited for the year ended 31 March 2021 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Lind Studio Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Lind Studio Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lind Studio Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lind Studio Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lind Studio Limited. You consider that Lind Studio Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lind Studio Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts Lab Ltd The Leeming Building Vicar Lane Leeds West Yorkshire LS2 7JF 18 June 2021
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Lind Studio Limited Statement of financial position as at 31 March 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,324 
928 
Current assets
Debtors
5
24,841 
4,330 
Cash at bank and in hand
7,116 
393 
31,957 
4,723 
Creditors: amounts falling due within one year
6
(14,314)
(4,671)
Net current assets
17,643 
52 
Total assets less current liabilities
19,967 
980 
Creditors: amounts falling due after more than one year
7
(15,655)
(489)
Net assets
4,312 
491 
Capital and reserves
Called up share capital
8
1 
1 
Profit and loss account
4,311 
490 
Shareholders' funds
4,312 
491 
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 her 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 18 June 2021 and were signed on its behalf by
Emma Lindblom Director Company Registration No. 11495191
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Lind Studio Limited Notes to the Accounts for the year ended 31 March 2021
1
Statutory information
Lind Studio Limited is a private company, limited by shares, registered in England and Wales, registration number 11495191. The registered office is A1401 9 Owen Street, Manchester, England, M15 4TP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
Straight line over 3 years
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2020
928 
Additions
2,019 
At 31 March 2021
2,947 
Depreciation
Charge for the year
623 
At 31 March 2021
623 
Net book value
At 31 March 2021
2,324 
At 31 March 2020
928 
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Lind Studio Limited Notes to the Accounts for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
- 
2,824 
Accrued income and prepayments
24,841 
- 
Other debtors
- 
1,506 
24,841 
4,330 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
3,125 
- 
Trade creditors
458 
943 
Taxes and social security
9,795 
2,828 
Loans from directors
1 
- 
Accruals
935 
900 
14,314 
4,671 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
15,625 
- 
Other creditors
30 
489 
15,655 
489 
8
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 2 (2020: 1).
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