1 August 2023 false No description of principal activity Taxfiler 2024.5 08114165business:PrivateLimitedCompanyLtd2023-08-012024-07-31 081141652023-07-31 081141652023-08-012024-07-31 08114165business:AuditExemptWithAccountantsReport2023-08-012024-07-31 08114165business:FilletedAccounts2023-08-012024-07-31 081141652024-07-31 081141652023-07-31 08114165core:WithinOneYear2024-07-31 08114165core:WithinOneYear2023-07-31 08114165core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 08114165core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 08114165core:PreviouslyStatedAmount2024-07-31 08114165core:PreviouslyStatedAmount2023-07-31 08114165business:SmallEntities2023-08-012024-07-31 08114165business:Director12023-08-012024-07-31 08114165countries:EnglandWales2023-08-012024-07-31 08114165business:RegisteredOffice2023-08-012024-07-31 081141652022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 08114165 (England and Wales)
Vibe Arts Limited Unaudited accounts for the year ended 31 July 2024
Vibe Arts Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
7,569 
4,066 
Creditors: amounts falling due within one year
(2,255)
(929)
Net current assets
5,314 
3,137 
Net assets
5,314 
3,137 
Capital and reserves
Profit and loss account
5,314 
3,137 
Shareholders' funds
5,314 
3,137 
For the year ending 31 July 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 13 September 2024 and were signed on its behalf by
A Turney Director Company Registration No. 08114165
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Vibe Arts Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Vibe Arts Limited is a private company, limited by shares, registered in England and Wales, registration number 08114165. The registered office is Heath Place, Ash Grove, Bognor Regis, PO22 9SL.
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.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
745 
431 
Accruals
1,510 
498 
2,255 
929 
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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