1 April 2023 false No description of principal activity Taxfiler 2024.5 10663655business:PrivateLimitedCompanyLtd2023-04-012024-03-31 106636552023-03-31 106636552023-04-012024-03-31 10663655business:AuditExemptWithAccountantsReport2023-04-012024-03-31 10663655business:FilletedAccounts2023-04-012024-03-31 106636552024-03-31 10663655business:Director12023-04-012024-03-31 10663655business:RegisteredOffice2023-04-012024-03-31 106636552023-03-31 10663655core:WithinOneYear2024-03-31 10663655core:WithinOneYear2023-03-31 10663655core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10663655core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10663655core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10663655core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10663655core:PreviouslyStatedAmount2024-03-31 10663655core:PreviouslyStatedAmount2023-03-31 10663655business:SmallEntities2023-04-012024-03-31 10663655countries:EnglandWales2023-04-012024-03-31 10663655core:ComputerEquipment2023-04-012024-03-31 10663655core:ComputerEquipment2023-03-31 10663655core:ComputerEquipment2024-03-31 10663655business:Director112023-04-012024-03-31 10663655business:Director112023-03-31 10663655business:Director112024-03-31 106636552022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10663655 (England and Wales)
AA Arts Limited Unaudited accounts for the year ended 31 March 2024
AA Arts Limited Unaudited accounts Contents
Page
- 2 -
AA Arts Limited Company Information for the year ended 31 March 2024
Director
A Abbad
Company Number
10663655 (England and Wales)
Registered Office
Unit 2 Sycamore Court Royal Oak Yard 156 Bermondsey Street London SE1 3TR ENGLAND
Accountants
CapShire UK LLP 4th Floor 86-90 Paul Street London EC2A 4NE
- 3 -
AA Arts Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,670 
- 
Current assets
Inventories
228,914 
115,000 
Debtors
160,705 
52,410 
Cash at bank and in hand
51,574 
34,934 
441,193 
202,344 
Creditors: amounts falling due within one year
(181,613)
16,454 
Net current assets
259,580 
218,798 
Net assets
263,250 
218,798 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
263,150 
218,698 
Shareholders' funds
263,250 
218,798 
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 director acknowledges his 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 and authorised for issue on 30 September 2024 and were signed on its behalf by
A Abbad Director Company Registration No. 10663655
- 4 -
AA Arts Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
AA Arts Limited is a private company, limited by shares, registered in England and Wales, registration number 10663655. The registered office is Unit 2 Sycamore Court, Royal Oak Yard, 156 Bermondsey Street, London, SE1 3TR, ENGLAND.
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.
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:
Computer equipment
33.33
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
2,607 
Additions
5,365 
At 31 March 2024
7,972 
Depreciation
At 1 April 2023
2,607 
Charge for the year
1,695 
At 31 March 2024
4,302 
Net book value
At 31 March 2024
3,670 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,740 
Trade debtors
109,395 
- 
Other debtors
51,310 
50,670 
160,705 
52,410 
- 5 -
AA Arts Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
77,684 
67,940 
VAT
17,062 
- 
Trade creditors
99,939 
- 
Taxes and social security
142,848 
56,840 
Other creditors
1,885 
11,134 
Loans from directors
(157,805)
(155,908)
Accruals
- 
3,540 
181,613 
(16,454)
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Director loan
(155,908)
150,000 
151,897 
(157,805)
(155,908)
150,000 
151,897 
(157,805)
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 6 -