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Company Registration No. 09393677 (England and Wales)
PICTURES AND THINGS GALLERY LTD Unaudited accounts for the year ended 31 March 2024
PICTURES AND THINGS GALLERY LTD Unaudited accounts Contents
Page
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PICTURES AND THINGS GALLERY LTD Company Information for the year ended 31 March 2024
Director
Guy Neal RIPPON
Company Number
09393677 (England and Wales)
Registered Office
LITTLE BELL BELL VEOR LANNER REDRUTH CORNWALL TR16 6AN
Accountants
BRENDAN THOMAS BUMBLE BEE ACCOUNTANCY LTD 57 WENDRON STREET HELSTON CORNWALL TR13 8PT
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PICTURES AND THINGS GALLERY LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
25,249 
25,249 
Current assets
Debtors
- 
1,168 
Cash at bank and in hand
9,021 
17,997 
9,021 
19,165 
Creditors: amounts falling due within one year
35,231 
26,394 
Net current assets
44,252 
45,559 
Net assets
69,501 
70,808 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
69,500 
70,807 
Shareholders' funds
69,501 
70,808 
For the year ending 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 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 11 July 2024 and were signed on its behalf by
Guy Neal RIPPON Director Company Registration No. 09393677
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PICTURES AND THINGS GALLERY LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
PICTURES AND THINGS GALLERY LTD is a private company, limited by shares, registered in England and Wales, registration number 09393677. The registered office is LITTLE BELL BELL VEOR, LANNER, REDRUTH, CORNWALL, TR16 6AN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
25,249 
At 31 March 2024
25,249 
Amortisation
At 1 April 2023
- 
At 31 March 2024
- 
Net book value
At 31 March 2024
25,249 
At 31 March 2023
25,249 
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PICTURES AND THINGS GALLERY LTD Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
506 
At 31 March 2024
506 
Depreciation
At 1 April 2023
506 
At 31 March 2024
506 
Net book value
At 31 March 2024
- 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
1,168 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,300 
6,010 
Loans from directors
(41,083)
(32,956)
Accruals
552 
552 
(35,231)
(26,394)
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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