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
AA Arts Limited
Company Information
for the year ended 31 March 2024
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
AA Arts Limited
Statement of financial position
as at 31 March 2024
Inventories
228,914
115,000
Cash at bank and in hand
51,574
34,934
Creditors: amounts falling due within one year
(181,613)
16,454
Net current assets
259,580
218,798
Net assets
263,250
218,798
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
AA Arts Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
51,310
50,670
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
Taxes and social security
142,848
56,840
Other creditors
1,885
11,134
Loans from directors
(157,805)
(155,908)
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)
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Average number of employees
During the year the average number of employees was 5 (2023: 5).