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 31 August 2017

Period of accounts

Start date: 01 September 2016

End date: 31 August 2017

SHY STUDIOS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2017

Balance sheet
Notes

SHY STUDIOS LIMITED

Balance sheet

As at 31 August 2017


Notes
2017
2016


£
£
Current assets
Debtors:   3,431 632
Cash at bank and in hand: 18,071 15,698
Total current assets: 21,502 16,330
Creditors: amounts falling due within one year:   (20,725) (16,016)
Net current assets (liabilities): 777 314
Total assets less current liabilities: 777 314
Total net assets (liabilities): 777 314
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 477 14
Shareholders funds: 777 314

The notes form part of these financial statements

SHY STUDIOS LIMITED

Balance sheet statements

For the year ending 31 August 2017 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.

This report was approved by the board of directors on 12 March 2018
and signed on behalf of the board by:

Name: H S Lecarpentier
Status: Director

The notes form part of these financial statements

SHY STUDIOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2017

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 31 August 2017

2. Employees

2017 2016
Average number of employees during the period 3 3