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REGISTERED NUMBER: 02203205 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

ATTICART LIMITED

ATTICART LIMITED (REGISTERED NUMBER: 02203205)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ATTICART LIMITED

Company Information
for the year ended 31 December 2023







DIRECTOR: P M Karawani



SECRETARY: A Karawani



REGISTERED OFFICE: Flat 11
16 Bina Gardens
London
SW5 0LA



REGISTERED NUMBER: 02203205 (England and Wales)



ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB



BANKERS: Lloyds Bank plc
112 Kensington High Street
London
W8 4SN

ATTICART LIMITED (REGISTERED NUMBER: 02203205)

Balance Sheet
31 December 2023

2023 2022
as restated
Notes £    £   
FIXED ASSETS
Tangible assets 4 445 674

CURRENT ASSETS
Stocks 5 58,416 59,080
Debtors 6 9,844 1,766
Cash at bank and in hand 499,685 433,874
567,945 494,720
CREDITORS
Amounts falling due within one year 7 (115,821 ) (103,002 )
NET CURRENT ASSETS 452,124 391,718
TOTAL ASSETS LESS CURRENT
LIABILITIES

452,569

392,392

PROVISIONS FOR LIABILITIES 8 (111 ) (149 )
NET ASSETS 452,458 392,243

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 452,358 392,143
SHAREHOLDERS' FUNDS 452,458 392,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

ATTICART LIMITED (REGISTERED NUMBER: 02203205)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2024 and were signed by:





P M Karawani - Director


ATTICART LIMITED (REGISTERED NUMBER: 02203205)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Atticart Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts. Revenue generated from the sales of antiquities is recognised at the point of sale where ownership is transferred to the customer.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment- 15% on reducing balance
Computer equipment- 33% on cost

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

ATTICART LIMITED (REGISTERED NUMBER: 02203205)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Computer
Equipment equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 1 5,081 5,082
DEPRECIATION
At 1 January 2023 1 4,407 4,408
Charge for year - 229 229
At 31 December 2023 1 4,636 4,637
NET BOOK VALUE
At 31 December 2023 - 445 445
At 31 December 2022 - 674 674

5. STOCKS
2023 2022
as restated
£    £   
Stock 58,416 59,080

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Other debtors 9,844 1,766

ATTICART LIMITED (REGISTERED NUMBER: 02203205)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Taxation and social security 21,800 24,879
Other creditors 94,021 78,123
115,821 103,002

8. PROVISIONS FOR LIABILITIES
2023 2022
as restated
£    £   
Deferred tax 111 149

Deferred
tax
£   
Balance at 1 January 2023 149
Provided during year (38 )
Accelerated capital allowances
Balance at 31 December 2023 111

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: as restated
£    £   
100 Ordinary £1 100 100