SHY STUDIOS LIMITED

SHY STUDIOS LIMITED

SHY STUDIOS LIMITED - Company Information

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SHY STUDIOS LIMITED

Company Registration Number:
07576556 (England and Wales)

Unaudited abridged accounts for the year ended 30 August 2023

Period of accounts

Start date: 31 August 2022

End date: 30 August 2023

SHY STUDIOS LIMITED

Contents of the Financial Statements

for the Period Ended 30 August 2023

Balance sheet
Notes

SHY STUDIOS LIMITED

Balance sheet

As at 30 August 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 2,751 3,976
Total fixed assets: 2,751 3,976
Current assets
Debtors:   1,760 1,760
Cash at bank and in hand: 28,958 32,385
Total current assets: 30,718 34,145
Creditors: amounts falling due within one year:   (27,031) (25,169)
Net current assets (liabilities): 3,687 8,976
Total assets less current liabilities: 6,438 12,952
Total net assets (liabilities): 6,438 12,952
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 6,138 12,652
Shareholders funds: 6,438 12,952

The notes form part of these financial statements

SHY STUDIOS LIMITED

Balance sheet statements

For the year ending 30 August 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 March 2024
and signed on behalf of the board by:

Name: D Mohr
Status: Director

The notes form part of these financial statements

SHY STUDIOS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - straight line over 3 years

SHY STUDIOS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

SHY STUDIOS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2023

3. Tangible Assets

Total
Cost £
At 31 August 2022 18,185
Additions 4,165
At 30 August 2023 22,350
Depreciation
At 31 August 2022 14,209
Charge for year 5,390
At 30 August 2023 19,599
Net book value
At 30 August 2023 2,751
At 30 August 2022 3,976