Company registration number 09681608 (England and Wales)
SOMERSET ARTISTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
SOMERSET ARTISTS LIMITED
BALANCE SHEET
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2023
2022
£
£
£
£
Fixed assets
3,132
3,456
Current assets
25,087
21,519
Creditors: amounts falling due within one year
(3,012)
(2,245)
Net current assets
22,075
19,274
Total assets less current liabilities
25,207
22,730
Accruals and deferred income
(1,998)
(1,926)
Net assets
23,209
20,804
Capital and reserves
23,209
20,804
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
At the reporting date the company had outstanding commitments for future minimum lease payments under non cancellable operating leases of £15,000 (2022 - £27,000)
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
Somerset Artists Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3A Lovers Walk, WELLS, Somerset, BA5 2QL.
For the year ended 31 July 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 in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
SOMERSET ARTISTS LIMITED
BALANCE SHEET (CONTINUED)
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The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on ......................... and are signed on its behalf by:
2023-10-25
..............................................
Mrs H J Wallace
Director
Company registration number 09681608 (England and Wales)