Foreverstar Studios Ltd - Accounts

FOREVERSTAR STUDIOS LTD - Company Information

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Registered Number: 11202179

England and Wales

FOREVERSTAR STUDIOS LTD

Unaudited Filleted Financial Statements

Period of accounts

Start date: 01 March 2021

End date: 28 February 2022

Foreverstar Studios Ltd
Company Information
For the year ended 28 February 2022

Directors	Jacob William Kenneth Burt Stefan George Cooke
Registered Number	11202179
Registered Office	Studio 209, Fountayne Road Unit 10, The High Cross Centre London England N15 4BE
Accountants	ASR Accountancy Ltd 18 Barking Road London E6 3BP

Foreverstar Studios Ltd
Statement of Financial Position
As at 28 February 2022

	Notes	2022 £	2021 £
Current assets
Debtors	3	24,927	0
Cash at bank and in hand		4,532	2,340
		29,459	2,340
Creditors: amount falling due within one year	4	(37,480)	(4,389)
Net current liabilities		(8,021)	(2,049)

Total assets less current liabilities		(8,021)	(2,049)
Creditors: amount falling due after more than one year	5	(29,208)	0
Net liabilities		(37,229)	(2,049)

Capital and reserves
Called up share capital		2	2
Profit and loss account		(37,231)	(2,051)
Shareholder's funds		(37,229)	(2,049)

For the year ended 28 February 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.

These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 28 February 2023 and were signed on its behalf by:

--------------------------------
Jacob William Kenneth Burt
Director

--------------------------------
Stefan George Cooke
Director

Foreverstar Studios Ltd
Notes to the Financial Statements
For the year ended 28 February 2022

General Information

Foreverstar Studios Ltd is a private company, limited by shares, registered in England and Wales, registration number 11202179, registration address Studio 209, Fountayne Road, Unit 10, The High Cross Centre, London, England, N15 4BE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

2.	Average number of employees Average number of employees during the year was 4 (2021 : 2).

Debtors: amounts falling due within one year

	2022 £		2021 £
VAT	24,927		0
	24,927		0

Creditors: amount falling due within one year

	2022 £	2021 £
Bank Loans & Overdrafts	11,000	0
PAYE & Social Security	1,890	0
Other Creditors	327	0
Directors' Current Accounts	24,263	3,152
VAT	0	1,237
	37,480	4,389

Creditors: amount falling due after more than one year

	2022 £		2021 £
Bank Loans & Overdrafts	29,208		0
	29,208		0