IRIS Accounts Production v23.3.0.418 03327894 Board of Directors 1.4.22 31.3.23 31.3.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033278942022-03-31033278942023-03-31033278942022-04-012023-03-31033278942021-03-31033278942021-04-012022-03-31033278942022-03-3103327894ns10:Originalns15:EnglandWales2022-04-012023-03-3103327894ns14:PoundSterlingns10:Original2022-04-012023-03-3103327894ns10:Originalns10:Director12022-04-012023-03-3103327894ns10:Original2022-04-012023-03-3103327894ns10:Original2023-03-3103327894ns10:Originalns10:CompanyLimitedByGuarantee2022-04-012023-03-3103327894ns10:Originalns10:SmallEntities2022-04-012023-03-3103327894ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3103327894ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3103327894ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3103327894ns10:Originalns10:FullAccounts2022-04-012023-03-3103327894ns10:Originalns10:Director22022-04-012023-03-3103327894ns10:Originalns10:Director32022-04-012023-03-3103327894ns10:Originalns10:Director42022-04-012023-03-3103327894ns10:CompanySecretary1ns10:Original2022-04-012023-03-3103327894ns10:Originalns10:RegisteredOffice2022-04-012023-03-3103327894ns10:Original2022-03-3103327894ns10:Originalns5:CurrentFinancialInstruments2023-03-3103327894ns10:Originalns5:CurrentFinancialInstruments2022-03-3103327894ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3103327894ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3103327894ns10:Original2021-04-012022-03-3103327894ns10:Originalns5:LandBuildings2022-03-3103327894ns10:Originalns5:PlantMachinery2022-03-3103327894ns10:Original2022-03-3103327894ns10:Originalns5:LandBuildings2023-03-3103327894ns10:Originalns5:PlantMachinery2023-03-3103327894ns10:Originalns5:LandBuildings2022-03-3103327894ns10:Originalns5:PlantMachinery2022-03-3103327894ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103327894ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 03327894 (England and Wales)















BUTETOWN ARTISTS

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






BUTETOWN ARTISTS (REGISTERED NUMBER: 03327894)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BUTETOWN ARTISTS

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: Mr. N P Confrey
Ms A D G Hobbs
Ms A Ivin
Mr D J Shepherd





SECRETARY: Mr D Brook





REGISTERED OFFICE: 54 B-C Bute Street
Cardiff Bay
Cardiff
CF10 5AF





REGISTERED NUMBER: 03327894 (England and Wales)





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

BUTETOWN ARTISTS (REGISTERED NUMBER: 03327894)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,041,062 1,041,062

CURRENT ASSETS
Debtors 5 369 -
Cash at bank 34,949 34,889
35,318 34,889
CREDITORS
Amounts falling due within one year 6 1,440 1,380
NET CURRENT ASSETS 33,878 33,509
TOTAL ASSETS LESS CURRENT LIABILITIES 1,074,940 1,074,571

RESERVES
Income and expenditure account 1,074,940 1,074,571
1,074,940 1,074,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 surplus or deficit for each financial year in accordance with the requirements of Sections 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.

BUTETOWN ARTISTS (REGISTERED NUMBER: 03327894)

BALANCE SHEET - continued
31ST MARCH 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th November 2023 and were signed on its behalf by:





Mr D J Shepherd - Director


BUTETOWN ARTISTS (REGISTERED NUMBER: 03327894)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Butetown Artists is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
The directors consider the age of the company's property and its Grade II listed building status is such that the requirement to charge depreciation is not applicable to the company and therefore no depreciation has been provided. It can be demonstrated that the building has a long economic life and is maintained to such a standard that its value is not impaired.

Fixtures and fittings are stated at cost and depreciated over their estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 5 ).

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1st April 2022
and 31st March 2023 1,040,537 18,117 1,058,654
DEPRECIATION
At 1st April 2022
and 31st March 2023 - 17,592 17,592
NET BOOK VALUE
At 31st March 2023 1,040,537 525 1,041,062
At 31st March 2022 1,040,537 525 1,041,062

Included in cost of land and buildings is freehold land of £ 1,040,537 (2022 - £ 1,040,537 ) which is not depreciated.

BUTETOWN ARTISTS (REGISTERED NUMBER: 03327894)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 369 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 1,440 1,380

7. LIMITED BY GUARANTEE

The Company is limited by guarantee. Each member is liable for a maximum of one pound in the event of the Company being wound up.