1721 Studio Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09596919 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 19 MAY 2015 TO 31 MAY 2016

FOR

1721 STUDIO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Vonk

REGISTERED OFFICE:

15b Somerset House

Hussar Court

Waterlooville

Hampshire

PO7 7SG

REGISTERED NUMBER:

09596919 (England and Wales)

ACCOUNTANTS:

Taylor Roberts

15b Somerset House

Hussar Court

Waterlooville

Hampshire

PO7 7SG

FIXED ASSETS

Tangible assets

2

1,648

CURRENT ASSETS

Debtors

7,916

Cash at bank

2,677

10,593

CREDITORS

Amounts falling due within one year

11,850

NET CURRENT LIABILITIES

(1,257

)

TOTAL ASSETS LESS CURRENT LIABILITIES

391

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

390

SHAREHOLDERS' FUNDS

391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 January 2017 and were signed by:

N Vonk - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,321

At 31 May 2016

2,321

DEPRECIATION

Charge for period

673

At 31 May 2016

673

NET BOOK VALUE

At 31 May 2016

1,648

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.