Company Registration No. 4269350 (England and Wales)
TATTOO ART LIMITED
Unaudited accounts
for the year ended 31 October 2023
TATTOO ART LIMITED
Unaudited accounts
Contents
TATTOO ART LIMITED
Company Information
for the year ended 31 October 2023
Company Number
4269350 (England and Wales)
Registered Office
10 Looms Lane
Bury St Edmunds
Suffolk
IP33 1HE
England
Accountants
Merry Accountancy Services Ltd
6 Downing Drive
Great Barton
Bury St Edmunds
Suffolk
IP31 2RP
TATTOO ART LIMITED
Statement of financial position
as at 31 October 2023
Intangible assets
21,750
22,500
Tangible assets
4,344
5,416
Cash at bank and in hand
26,637
33,248
Creditors: amounts falling due within one year
(54,968)
(52,118)
Net current liabilities
(26,194)
(16,539)
Total assets less current liabilities
(100)
11,377
Creditors: amounts falling due after more than one year
(6,659)
(9,910)
Net (liabilities)/assets
(6,759)
1,467
Called up share capital
100
100
Profit and loss account
(6,859)
1,367
Shareholders' funds
(6,759)
1,467
For the year ending 31 October 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 19 April 2024 and were signed on its behalf by
Mrs K Lane
Director
Company Registration No. 4269350
TATTOO ART LIMITED
Notes to the Accounts
for the year ended 31 October 2023
TATTOO ART LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4269350. The registered office is 10 Looms Lane, Bury St Edmunds, Suffolk, IP33 1HE, England.
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 as modified by the revaluation of certain fixed assets.
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.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
TATTOO ART LIMITED
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,400
3,387
Trade creditors
23,573
31,015
Taxes and social security
262
188
Other creditors
1,626
2,431
Loans from directors
25,107
14,097
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).