Registered number: 14027507

L. Art Design Ltd
Unaudited Financial Statements
for the period ended 31 August 2023

Statement of Financial Position

as at 31 August 2023

2023
 
££
Called up share capital not paid
  -  
Fixed assets
  -  
Current assets
1,652    
Prepayments and accrued income
-    
Creditors: amounts falling due within one year
( 1,243 )  
Net current assets (liabilities)
  409  
Total assets less current liabilities
  409  
Creditors: amounts falling due after more than one year
  -  
Provisions for liabilities
  -  
Accruals and deferred income
  ( 407 )
Net assets
  2  
   
Capital and reserves
  2  

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Footnotes to the Statement of Financial Position

Lorene Menart

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

Lorene Menart

Included in debtors is an amount payable to the company by one of its directors. The amount is an advance of £1,649 made to Lorene Menart, a director of the company, on 01/08/2022.

During the accounting period the maximum amount payable by Lorene Menart was £9,723

The following conditions are attached to the amount payable by Lorene Menart:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid to the company.
Opening balance 05/04/2022 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 31/08/2023
£ £ £ £ £ £ £
0   ( 9,881 )
( 9,881 )
8,232
8,232  
0 0 0 ( 1,649 )

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

5. Going Concern

The company ceased to trade during the period and the accounts have been prepared on a break-up basis.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the period ending 31/08/2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts

Company information

a) The company is registered in England and Wales

b) Company registration number - 14027507

c) The company is a private company and is limited by shares

d) The companies registered office address is 124 City Road, London, EC1V 2NX, United Kingdom

e) Company ceased to trade on 31/08/2023



Approved by the board of directors and signed on behalf of the board,

L. Art Design Ltd
Director Lorene Menart
Date of approval: 10/03/2024
The company was trading for the entire period 2022-04-05 2023-08-31 2023-08-31 Graphic designer, art director 2024-03-10 2024-03-10