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REGISTERED NUMBER: 04711748 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

PRECIOUS METAL ART LTD

PRECIOUS METAL ART LTD (REGISTERED NUMBER: 04711748)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

Balance Sheet 1


PRECIOUS METAL ART LTD (REGISTERED NUMBER: 04711748)

BALANCE SHEET
31 March 2023

2023 2022
£    £    £    £   
FIXED ASSETS 736 1,968

CURRENT ASSETS 26,924 25,730

CREDITORS
Amounts falling due within one year (11,562 ) (8,476 )
NET CURRENT ASSETS 15,362 17,254
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,098

19,222

CREDITORS
Amounts falling due after more than one
year

8,250

8,250
NET ASSETS 7,848 10,972

CAPITAL AND RESERVES 7,848 10,972

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Precious Metal Art Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04711748

Registered office: Gallery One
West Street
Fishguard
Pembrokeshire
SA65 9AE

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2022 - 1 ) .

PRECIOUS METAL ART LTD (REGISTERED NUMBER: 04711748)

BALANCE SHEET - continued
31 March 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
A Houghton
Balance outstanding at start of year (13,737 ) (12,242 )
Amounts advanced (1,973 ) (1,495 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (15,710 ) (13,737 )



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

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

The director acknowledges his 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 profit or loss 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.

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

The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:





A Houghton - Director