L.A. STUDIOS LTD - Limited company accounts 23.2
L.A. STUDIOS LTD - Limited company accounts 23.2
REGISTERED NUMBER: |
Report of the Director and |
Unaudited Financial Statements for the Period 28 March 2022 to 31 March 2023 |
for |
L.A. STUDIOS LTD |
L.A. STUDIOS LTD (Registered number: 14005703) |
Contents of the Financial Statements |
for the Period 28 March 2022 to 31 March 2023 |
Page |
Company Information | 1 |
Report of the Director | 2 |
Statement of Income and Retained Earnings | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
L.A. STUDIOS LTD |
Company Information |
for the Period 28 March 2022 to 31 March 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
STAFFORDSHIRE KNOT |
PINFOLD STREET |
WEDNESBURY |
WS10 8TE |
L.A. STUDIOS LTD (Registered number: 14005703) |
Report of the Director |
for the Period 28 March 2022 to 31 March 2023 |
The director presents her report with the financial statements of the company for the period 28 March 2022 to 31 March 2023. |
INCORPORATION |
The company was incorporated on 28 March 2022 and commenced trading on the same date. |
DIRECTOR |
The director, being eligible, offers herself for election at the forthcoming first Annual General Meeting. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
L.A. STUDIOS LTD (Registered number: 14005703) |
Statement of Income and Retained Earnings |
for the Period 28 March 2022 to 31 March 2023 |
£ |
TURNOVER |
OPERATING PROFIT and |
PROFIT BEFORE TAXATION |
Tax on profit |
PROFIT FOR THE FINANCIAL PERIOD |
L.A. STUDIOS LTD (Registered number: 14005703) |
Balance Sheet |
31 March 2023 |
£ |
CURRENT ASSETS |
Cash in hand |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
The director acknowledges her responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the director and authorised for issue on |
L.A. STUDIOS LTD (Registered number: 14005703) |
Notes to the Financial Statements |
for the Period 28 March 2022 to 31 March 2023 |
1. | STATUTORY INFORMATION |
L.A. STUDIOS LTD is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |