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REGISTERED NUMBER: 06762831 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Gartenart (Design) Limited

Gartenart (Design) Limited (Registered number: 06762831)






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

Chartered Accountants' Report 8

Gartenart (Design) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: T J F Evans





REGISTERED OFFICE: Unit 112 Screenworks
22 Highbury Grove
London
N5 2EF





REGISTERED NUMBER: 06762831 (England and Wales)





ACCOUNTANTS: DUX Advisory Limited
Chartered Accountants
Kennel Club House
Gatehouse Way
Aylesbury
Buckinghamshire
HP19 8DB

Gartenart (Design) Limited (Registered number: 06762831)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 5,840 -
Tangible assets 6 122,533 122,752
128,373 122,752

CURRENT ASSETS
Stocks 11,289 8,280
Debtors 7 422,909 434,801
Cash at bank and in hand 139,041 329,335
573,239 772,416
CREDITORS
Amounts falling due within one year 8 259,279 357,219
NET CURRENT ASSETS 313,960 415,197
TOTAL ASSETS LESS CURRENT LIABILITIES 442,333 537,949

CREDITORS
Amounts falling due after more than one
year

9

(78,880

)

(120,036

)

PROVISIONS FOR LIABILITIES (12,465 ) (22,653 )
NET ASSETS 350,988 395,260

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 350,987 395,259
350,988 395,260

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 his 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.

Gartenart (Design) Limited (Registered number: 06762831)

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 20 September 2024 and were signed by:





T J F Evans - Director


Gartenart (Design) Limited (Registered number: 06762831)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Gartenart (Design) 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of three years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are initially recognised at cost and subsequently measured at cost less accumulated depreciation and impairment. Where parts of an item of tangible fixed assets have different useful lives, they are accounted for as a separate item of tangible fixed assets.

Depreciation is provided at the following annual rates in order to write off each asset over its useful
estimated life, on a reducing balance basis or, if held under a finance lease, over the lease term, whichever is shorter.

Plant and machinery- 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Gartenart (Design) Limited (Registered number: 06762831)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2022 - 19 ) .

5. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2023 36,850 - 36,850
Additions - 7,300 7,300
At 31 December 2023 36,850 7,300 44,150
AMORTISATION
At 1 January 2023 36,850 - 36,850
Charge for year - 1,460 1,460
At 31 December 2023 36,850 1,460 38,310
NET BOOK VALUE
At 31 December 2023 - 5,840 5,840
At 31 December 2022 - - -

Gartenart (Design) Limited (Registered number: 06762831)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 323,792
Additions 80,731
Disposals (9,725 )
At 31 December 2023 394,798
DEPRECIATION
At 1 January 2023 201,040
Charge for year 80,950
Eliminated on disposal (9,725 )
At 31 December 2023 272,265
NET BOOK VALUE
At 31 December 2023 122,533
At 31 December 2022 122,752

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2023 232,099
Additions 74,070
At 31 December 2023 306,169
DEPRECIATION
At 1 January 2023 122,492
Charge for year 73,545
At 31 December 2023 196,037
NET BOOK VALUE
At 31 December 2023 110,132
At 31 December 2022 109,607

Gartenart (Design) Limited (Registered number: 06762831)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 112,381 150,583
Other debtors 310,528 284,218
422,909 434,801

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 10,238
Trade creditors 151,266 165,530
Taxation and social security 5,529 123,812
Other creditors 92,484 57,639
259,279 357,219

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 14,167 23,888
Other creditors 64,713 96,148
78,880 120,036

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
T J F Evans
Balance outstanding at start of year 208,618 208,054
Amounts advanced 421 564
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 209,039 208,618

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Gartenart (Design) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gartenart (Design) Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Gartenart (Design) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gartenart (Design) Limited and state those matters that we have agreed to state to the director of Gartenart (Design) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gartenart (Design) Limited and its director for our work or for this report.

It is your duty to ensure that Gartenart (Design) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Gartenart (Design) Limited. You consider that Gartenart (Design) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Gartenart (Design) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






DUX Advisory Limited
Chartered Accountants
Kennel Club House
Gatehouse Way
Aylesbury
Buckinghamshire
HP19 8DB


20 September 2024