Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 08803652 Miss C L Davison iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08803652 2022-12-31 08803652 2023-12-31 08803652 2023-01-01 2023-12-31 08803652 frs-core:CurrentFinancialInstruments 2023-12-31 08803652 frs-core:FurnitureFittings 2023-12-31 08803652 frs-core:FurnitureFittings 2023-01-01 2023-12-31 08803652 frs-core:FurnitureFittings 2022-12-31 08803652 frs-core:ShareCapital 2023-12-31 08803652 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08803652 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08803652 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 08803652 frs-bus:SmallEntities 2023-01-01 2023-12-31 08803652 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08803652 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08803652 frs-bus:Director1 2023-01-01 2023-12-31 08803652 frs-countries:EnglandWales 2023-01-01 2023-12-31 08803652 2021-12-31 08803652 2022-12-31 08803652 2022-01-01 2022-12-31 08803652 frs-core:CurrentFinancialInstruments 2022-12-31 08803652 frs-core:ShareCapital 2022-12-31 08803652 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 08803652
Urban Artist Soap Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Simpson Associates
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08803652
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 163 203
163 203
CURRENT ASSETS
Stocks 5 107,000 107,000
Cash at bank and in hand 1,129 -
108,129 107,000
Creditors: Amounts Falling Due Within One Year 6 (68,153 ) (64,342 )
NET CURRENT ASSETS (LIABILITIES) 39,976 42,658
TOTAL ASSETS LESS CURRENT LIABILITIES 40,139 42,861
NET ASSETS 40,139 42,861
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 40,138 42,860
SHAREHOLDERS' FUNDS 40,139 42,861
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss C L Davison
Director
30/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Urban Artist Soap Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08803652 . The registered office is Alum House 5 Alum Chine Road, Westbourne, Bournemouth, Dorset, BH4 8DT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% reducing balance
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 1,007
As at 31 December 2023 1,007
Depreciation
As at 1 January 2023 804
Provided during the period 40
As at 31 December 2023 844
Net Book Value
As at 31 December 2023 163
As at 1 January 2023 203
Page 3
Page 4
5. Stocks
2023 2022
£ £
Finished goods 107,000 107,000
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 13,750 13,750
Bank loans and overdrafts - 405
Other creditors 54,403 50,187
68,153 64,342
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4