2022-04-01 01626331 2023-03-31 01626331 2022-04-01 2023-03-31 01626331 2022-03-31 01626331 2021-04-01 2022-03-31 01626331 uk-core:WithinOneYear 2022-03-31 01626331 uk-core:WithinOneYear 2023-03-31 01626331 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 01626331 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 01626331 uk-bus:Director1 2022-04-01 2023-03-31 01626331 uk-core:ToolsEquipment 2022-04-01 2023-03-31 01626331 uk-core:FurnitureFittings 2022-04-01 2023-03-31 01626331 uk-core:ToolsEquipment 2022-03-31 01626331 uk-core:FurnitureFittings 2022-03-31 01626331 uk-core:FurnitureFittings 2023-03-31 01626331 uk-core:ToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure 01626331 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 01626331 uk-bus:FRS102 2022-04-01 2023-03-31 01626331 uk-bus:FullAccounts 2022-04-01 2023-03-31 01626331 uk-bus:CompanyLimitedByGuarantee 2022-04-01 2023-03-31
AN:Artists Information Company
Registered Number:01626331
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
01626331
As at 31 March 2023
AN:Artists Information Company
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
5,474
9,540
2
5,474
9,540
Current assets
Trade and other receivables
66,448
43,363
3
659,880
Cash and cash equivalents
783,687
827,050
726,328
Trade and other payables: amounts falling due within one
year
(111,663)
(157,161)
4
614,665
669,889
Net current assets
Total assets less current liabilities
675,363
624,205
675,363
Net assets
624,205
Capital and reserves
Retained earnings
675,363
624,205
675,363
624,205
Members' Funds
For the 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 members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Andrew Robert Brumwell Director
These financial statements were approved and authorised for issue by the Board on 29 September 2023 and were signed by:
The notes form part of these financial statements
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For the year ended 31 March 2023
AN:Artists Information Company
Notes to the Financial Statements
Statutory Information
AN:Artists Information Company is a private limited company, limited by guarantee, domiciled in England and Wales,
registration number 01626331.
Principal place of business:
Studio 19 Highbridge Works
31-39 High Bridge
Newcastle Upon Tyne
NE1 1EW
Registered address:
Studio 19 Highbridge Works
31-39 High Bridge
Newcastle Upon Tyne
NE1 1EW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer equipment
25% Reducing balance
Fixtures and fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
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For the year ended 31 March 2023
AN:Artists Information Company
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 April 2022
46,630
29,108
17,522
At 31 March 2023
17,522
29,108
46,630
Provision for depreciation and impairment
At 01 April 2022
37,090
25,498
11,592
Charge for year
4,066
2,576
1,490
At 31 March 2023
41,156
28,074
13,082
At 31 March 2023
Net book value
4,440
1,034
5,474
At 31 March 2022
5,930
3,610
9,540
3. Trade and other receivables
2022
2023
£
£
Trade debtors
12,444
21,339
Other debtors
30,919
45,109
66,448
43,363
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
54,716
16,420
Taxation and social security
56,433
40,702
Other creditors
46,012
54,541
157,161
111,663
5. Related party transactions
The company made payments to some of its directors or their associated businesses during the year for the
services they supplied to the company in the ordinary course of its business, including reimbursement of expenses
incurred in providing those services. These payments amount to £22,900 (2022 - £2,136) during the year.
6. Average number of persons employed
During the year the average number of employees was 13 (2022 : 14)
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