Razor Sharp Studios Limited - Accounts to registrar (filleted) - small 23.1.2

Razor Sharp Studios Limited - Accounts to registrar (filleted) - small 23.1.2

RAZOR SHARP STUDIOS LIMITED - Company Information

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REGISTERED NUMBER: 07487871 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

RAZOR SHARP STUDIOS LIMITED
RAZOR SHARP STUDIOS LIMITED (REGISTERED NUMBER: 07487871)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RAZOR SHARP STUDIOS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: A Bowler





REGISTERED OFFICE: Sutherland House
1759 London Road
Leigh on Sea
Essex
SS9 2RZ





REGISTERED NUMBER: 07487871 (England and Wales)





ACCOUNTANTS: Platt Rushton LLP
Chartered Accountants
Sutherland House
1759 London Road
Leigh on Sea
Essex
SS9 2RZ
Page 1
RAZOR SHARP STUDIOS LIMITED (REGISTERED NUMBER: 07487871)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,964 1,748

CURRENT ASSETS
Debtors 5 5,440 -
Cash at bank 25,955 33,039
31,395 33,039
CREDITORS
Amounts falling due within one year 6 14,256 13,256
NET CURRENT ASSETS 17,139 19,783
TOTAL ASSETS LESS CURRENT
LIABILITIES
19,103
21,531

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 19,101 21,529
SHAREHOLDERS' FUNDS 19,103 21,531

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 October 2023 and were signed by:





A Bowler - Director


The notes form part of these financial statements

Page 2
RAZOR SHARP STUDIOS LIMITED (REGISTERED NUMBER: 07487871)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Razor Sharp Studios Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Page 3 continued...
RAZOR SHARP STUDIOS LIMITED (REGISTERED NUMBER: 07487871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 4,972
Additions 564
At 31 January 2023 5,536
DEPRECIATION
At 1 February 2022 3,224
Charge for year 348
At 31 January 2023 3,572
NET BOOK VALUE
At 31 January 2023 1,964
At 31 January 2022 1,748

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,440 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 9,870 9,409
Other creditors 4,386 3,847
14,256 13,256

7. RELATED PARTY DISCLOSURES

Included within creditors due within one year is a loan from a director of £3,632 (2022: £3,112). The loan is interest free and repayable on demand.

Page 4