Caseware UK (AP4) 2022.0.179 2022.0.179 2022-10-312022-10-312021-11-01trueNo description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2true 12957307 2021-11-01 2022-10-31 12957307 2020-10-16 2021-10-31 12957307 2022-10-31 12957307 2021-10-31 12957307 c:Director1 2021-11-01 2022-10-31 12957307 d:CurrentFinancialInstruments 2022-10-31 12957307 d:CurrentFinancialInstruments 2021-10-31 12957307 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 12957307 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 12957307 d:ShareCapital 2022-10-31 12957307 d:ShareCapital 2021-10-31 12957307 d:RetainedEarningsAccumulatedLosses 2022-10-31 12957307 d:RetainedEarningsAccumulatedLosses 2021-10-31 12957307 c:FRS102 2021-11-01 2022-10-31 12957307 c:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 12957307 c:FullAccounts 2021-11-01 2022-10-31 12957307 c:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 iso4217:GBP xbrli:pure

Registered number: 12957307









DEVELOPMENTS BY ARTEMIS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2022

 
DEVELOPMENTS BY ARTEMIS LTD
REGISTERED NUMBER: 12957307

BALANCE SHEET
AS AT 31 OCTOBER 2022

2022
2022
2021
2021
Note
£
£
£
£

  

Current assets
  

Stocks
 4 
207,804
-

Cash at bank and in hand
 5 
20,609
100

  
228,413
100

Creditors: amounts falling due within one year
 6 
(241,501)
-

Net current (liabilities)/assets
  
 
 
(13,088)
 
 
100

Total assets less current liabilities
  
(13,088)
100

  

Net (liabilities)/assets
  
(13,088)
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(13,188)
-

  
(13,088)
100


Page 1

 
DEVELOPMENTS BY ARTEMIS LTD
REGISTERED NUMBER: 12957307
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J Samiullah
Director

Date: 29 November 2023

The notes on pages 3 to 4 form part of these financial statements.
Page 2

 
DEVELOPMENTS BY ARTEMIS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1.


General information

Developments By Artemis Ltd is a private company limited by shares and registered in England and Wales. Its registered office address is Aston House, Cornwall Avenue, London, N3 1LF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. 

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 0).

Page 3

 
DEVELOPMENTS BY ARTEMIS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

4.


Stocks

2022
2021
£
£

Finished goods
207,804
-

207,804
-



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
20,609
100

20,609
100



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
240,001
-

Accruals and deferred income
1,500
-

241,501
-


 
Page 4