The Antique Map Shop Limited |
Registered Number:05140210 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
The Antique Map Shop Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
The Antique Map Shop Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
38,425
38,487
3
38,425
38,487
29,500
38,210
4
Trade and other receivables |
10,928
10,073
5
153,423
Cash and cash equivalents |
191,803
240,086
193,851
Trade and other payables: amounts falling due within one year |
(29,035)
(72,309)
6
164,816
167,777
Net current assets
Total assets less current liabilities |
206,202
203,303
(4,903)
(5,779)
Provisions for liabilities |
201,299
Net assets
197,524
200
200
201,099
197,324
201,299
197,524
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 20 August 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
The Antique Map Shop Limited
Notes to the Financial Statements
Statutory Information
The Antique Map Shop Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 05140210. |
Principal place of business: |
9/10 Pulteney Bridge
Bath
Avon
BA2 4AY
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act |
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation |
of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of 15 years. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Inventories
Inventories are valued at the lower of cost and estimated selling price less costs to sell.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 31 March 2024
The Antique Map Shop Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
60,000
60,000
60,000
60,000
-
-
3. Property, plant and equipment |
87,156
7,700
94,856
Provision for depreciation and impairment |
48,669
Charge for year
7,762
56,431
38,425
38,487
2023
2024
38,210
29,500
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For the year ended 31 March 2024
The Antique Map Shop Limited
Notes to the Financial Statements Continued
5. Trade and other receivables |
2023
2024
10,073
10,928
6. Trade and other payables: amounts falling due within one year |
2023
2024
7,157
8,132
Taxation and social security |
20,494
17,675
44,658
3,228
72,309
29,035
7. Guarantees and other financial commitments |
At 31 March 2024 the company had annual commitments under non-cancellable operating leases as set out below: |
2023
2024
Operating leases which expire: |
16,500
-
16,500
-
16,500
16,500
8. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 4)
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