Company registration number 08776996 (England and Wales)
BATES FINE ART-DESIGN LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
BATES FINE ART-DESIGN LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
21,359
14,710
Current assets
3,340
4,785
Creditors: amounts falling due within one year
(16,351)
(3,691)
Net current (liabilities)/assets
(13,011)
1,094
Total assets less current liabilities
8,348
15,804
Creditors: amounts falling due after more than one year
(8,200)
(9,590)
Net assets
148
6,214
Capital and reserves
148
6,214
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the financial year ended 31 March 2024 the director Mr A R Bates provided a loan to the company of £10,940 and at the end of the financial period Mr A R Bates directors loan account was in credit by £11,425.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Bates Fine Art-Design Limited is a private company limited by shares incorporated in England and Wales. The registered office is New Farmhouse, Monaughty, Knighton, Powys, United Kingdom, LD7 1NS.
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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
BATES FINE ART-DESIGN LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 27 August 2024 and are signed on its behalf by:
Mr A R Bates
Director
Company registration number 08776996 (England and Wales)