Company registration number 05266171 (England and Wales)
TOWARD STUDIO LIMITED FORMERLY KNOWN AS BLUEGG CREATIVE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
TOWARD STUDIO LIMITED FORMERLY KNOWN AS BLUEGG CREATIVE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
TOWARD STUDIO LIMITED FORMERLY KNOWN AS BLUEGG CREATIVE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
23,789
29,732
Current assets
Stocks
5,035
5,531
Debtors
4
133,441
88,212
Cash at bank and in hand
16,565
26,200
155,041
119,943
Creditors: amounts falling due within one year
5
(116,091)
(76,120)
Net current assets
38,950
43,823
Total assets less current liabilities
62,739
73,555
Creditors: amounts falling due after more than one year
6
(45,041)
(61,630)
Net assets
17,698
11,925
Capital and reserves
Called up share capital
7
100
100
Capital redemption reserve
48
48
Profit and loss reserves
17,550
11,777
Total equity
17,698
11,925
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 15 December 2023 and are signed on its behalf by:
Mr M F Jordan
Director
Company Registration No. 05266171
TOWARD STUDIO LIMITED FORMERLY KNOWN AS BLUEGG CREATIVE LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 2 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
11
14
2
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2022 and 31 March 2023
35,000
Amortisation and impairment
At 1 April 2022 and 31 March 2023
35,000
Carrying amount
At 31 March 2023
At 31 March 2022
3
Tangible fixed assets
Fixtures, fittings & equipment
Computer equipment
Total
£
£
£
Cost
At 1 April 2022 and 31 March 2023
13,469
54,659
68,128
Depreciation and impairment
At 1 April 2022
11,271
27,125
38,396
Depreciation charged in the year
438
5,505
5,943
At 31 March 2023
11,709
32,630
44,339
Carrying amount
At 31 March 2023
1,760
22,029
23,789
At 31 March 2022
2,198
27,534
29,732
TOWARD STUDIO LIMITED FORMERLY KNOWN AS BLUEGG CREATIVE LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 3 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
79,376
45,465
Other debtors
54,065
42,747
133,441
88,212
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
4,521
6,265
Taxation and social security
50,293
29,807
Other creditors
61,277
40,048
116,091
76,120
Included in Other creditors above are obligations under finance leases totalling £5,885 secured by a fixed charge over the assets to which they relate.
6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Other creditors
45,041
61,630
Included in Other creditors above are obligations under finance leases totalling £4,904 secured by a fixed charge over the assets to which they relate.
7
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
8
Operating lease commitments
Lessee
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2023
2022
£
£
16,200
15,000
2023-03-312022-04-01false15 December 2023CCH SoftwareCCH Accounts Production 2023.200No description of principal activityMr M F JordanMr T LloydMr M F Jordan052661712022-04-012023-03-31052661712023-03-31052661712022-03-3105266171core:FurnitureFittings2023-03-3105266171core:ComputerEquipment2023-03-3105266171core:FurnitureFittings2022-03-3105266171core:ComputerEquipment2022-03-3105266171core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3105266171core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-3105266171core:CurrentFinancialInstruments2023-03-3105266171core:CurrentFinancialInstruments2022-03-3105266171core:Non-currentFinancialInstruments2023-03-3105266171core:Non-currentFinancialInstruments2022-03-3105266171core:ShareCapital2023-03-3105266171core:ShareCapital2022-03-3105266171core:CapitalRedemptionReserve2023-03-3105266171core:CapitalRedemptionReserve2022-03-3105266171core:RetainedEarningsAccumulatedLosses2023-03-3105266171core:RetainedEarningsAccumulatedLosses2022-03-3105266171bus:CompanySecretaryDirector12022-04-012023-03-31052661712021-04-012022-03-3105266171core:NetGoodwill2022-03-3105266171core:NetGoodwill2023-03-3105266171core:NetGoodwill2022-03-3105266171core:FurnitureFittings2022-03-3105266171core:ComputerEquipment2022-03-31052661712022-03-3105266171core:FurnitureFittings2022-04-012023-03-3105266171core:ComputerEquipment2022-04-012023-03-3105266171core:WithinOneYear2023-03-3105266171core:WithinOneYear2022-03-3105266171bus:PrivateLimitedCompanyLtd2022-04-012023-03-3105266171bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-3105266171bus:FRS1022022-04-012023-03-3105266171bus:AuditExemptWithAccountantsReport2022-04-012023-03-3105266171bus:Director12022-04-012023-03-3105266171bus:Director22022-04-012023-03-3105266171bus:CompanySecretary12022-04-012023-03-3105266171bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP
