Company Registration No. 8365604 (England and Wales)
The Art Hound London Limited
Unaudited accounts for filing with The Registrar
for the year ended 31 March 2023
The Art Hound London Limited
Unaudited accounts for filing with The Registrar
Contents
The Art Hound London Limited
Company Information
for the year ended 31 March 2023
Directors
Mr T Arnold
Ms N Dawn
Company Number
8365604 (England and Wales)
Registered Office
Unit 16 Burwash Manor Farm
New Road
Barton
Cambridge
CB23 7EY
Accountants
Andrew Yaras & Co.
2 Fishpool Street
St Albans
Herts
AL3 4RT
The Art Hound London Limited
Statement of financial position
as at 31 March 2023
Tangible assets
2,622
3,896
Cash at bank and in hand
5,646
22,363
Creditors: amounts falling due within one year
(38,832)
(38,562)
Net current assets
8,488
18,808
Called up share capital
3
3
Profit and loss account
11,107
22,701
Shareholders' funds
11,110
22,704
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2023 and were signed on its behalf by
Mr T Arnold
Director
Company Registration No. 8365604
The Art Hound London Limited
Notes to the Accounts
for the year ended 31 March 2023
The Art Hound London Limited is a private company, limited by shares, registered in England and Wales, registration number 8365604. The registered office is Unit 16 Burwash Manor Farm, New Road, Barton, Cambridge, CB23 7EY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Government support grants are recognised in the accounts in other income on a systematic basis in the period that the relief relates to.
Taxation represents the sum of tax currently payable. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Trade creditors are recognised at their transaction value. Other creditors are included at fair value.
Trade and other debtors are recognised at the transaction value, less any impairment.
The Art Hound London Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Total
5
Transactions with related parties
At 31 March 2023 there were loans owing by directors of £9,700 (2022: £15,108 due to directors). The loans were repaid by 31 December 2023 with interest at 2%.
6
Average number of employees
During the year the average number of employees was 3 (2022: 3).