Company Registration No. 11261477 (England and Wales)
LIMB-ART LTD
Unaudited accounts
for the year ended 31 March 2024
LIMB-ART LTD
Unaudited accounts
Contents
LIMB-ART LTD
Company Information
for the year ended 31 March 2024
Directors
Rachael Claire Williams
Mark Owen Williams
Company Number
11261477 (England and Wales)
Registered Office
NANT LLADRON, A543 NANT LLADRON
A543
BYLCHAU
CONWY
LL16 5SN
UNITED KINGDOM
LIMB-ART LTD
Statement of financial position
as at 31 March 2024
Tangible assets
42,273
5,558
Cash at bank and in hand
18,425
68,973
Creditors: amounts falling due within one year
(2,039)
(11,251)
Net current assets
47,697
82,831
Total assets less current liabilities
89,970
88,389
Creditors: amounts falling due after more than one year
(68,090)
(85,000)
Called up share capital
2
2
Profit and loss account
21,878
3,387
Shareholders' funds
21,880
3,389
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 directors acknowledge their 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 of Directors and authorised for issue on 11 September 2024 and were signed on its behalf by
Mark Owen Williams
Director
Company Registration No. 11261477
LIMB-ART LTD
Notes to the Accounts
for the year ended 31 March 2024
LIMB-ART LTD is a private company, limited by shares, registered in England and Wales, registration number 11261477. The registered office is NANT LLADRON, A543 NANT LLADRON, A543, BYLCHAU, CONWY, LL16 5SN, UNITED KINGDOM.
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.
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:
Other tangible fixed assets
3
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
LIMB-ART LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
-
13,825
54,212
68,037
Additions
10,875
32,968
1,444
45,287
Disposals
-
(6,800)
(520)
(7,320)
At 31 March 2024
10,875
39,993
55,136
106,004
At 1 April 2023
-
10,809
51,670
62,479
Charge for the year
544
5,151
2,357
8,052
On disposals
-
(6,800)
-
(6,800)
At 31 March 2024
544
9,160
54,027
63,731
At 31 March 2024
10,331
30,833
1,109
42,273
At 31 March 2023
-
3,016
2,542
5,558
Amounts falling due within one year
Trade debtors
12,256
13,928
Accrued income and prepayments
594
350
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,181
6,168
Taxes and social security
180
157
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
68,090
85,000
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).