1 November 2023 false No description of principal activity Taxfiler 2024.5 08263872business:PrivateLimitedCompanyLtd2023-11-012024-05-31 082638722023-10-31 082638722023-11-012024-05-31 08263872business:AuditExemptWithAccountantsReport2023-11-012024-05-31 08263872business:FilletedAccounts2023-11-012024-05-31 082638722024-05-31 08263872business:Director12023-11-012024-05-31 08263872business:Director22023-11-012024-05-31 08263872business:RegisteredOffice2023-11-012024-05-31 082638722023-10-31 08263872core:WithinOneYear2024-05-31 08263872core:WithinOneYear2023-10-31 08263872core:AfterOneYear2024-05-31 08263872core:AfterOneYear2023-10-31 08263872core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 08263872core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 08263872core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 08263872core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 08263872core:PreviouslyStatedAmount2024-05-31 08263872core:PreviouslyStatedAmount2023-10-31 08263872business:SmallEntities2023-11-012024-05-31 08263872countries:EnglandWales2023-11-012024-05-31 08263872core:PlantMachinery2023-11-012024-05-31 08263872core:MotorVehicles2023-11-012024-05-31 08263872core:IntangibleAssetsOtherThanGoodwill2023-10-31 08263872core:IntangibleAssetsOtherThanGoodwill2024-05-31 08263872core:PlantMachinery2023-10-31 08263872core:MotorVehicles2023-10-31 08263872core:PlantMachinery2024-05-31 08263872core:MotorVehicles2024-05-31 082638722022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 08263872 (England and Wales)
Artfellows Ltd Unaudited accounts for the period from 1 November 2023 to 31 May 2024
Artfellows Ltd Unaudited accounts Contents
Page
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Artfellows Ltd Company Information for the period from 1 November 2023 to 31 May 2024
Directors
Alex Buller Linda Buller
Company Number
08263872 (England and Wales)
Registered Office
13 Bell Close Little Snoring Fakenham Norfolk NR21 0HX England
Accountants
Azoth Digital Accountants Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH
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Artfellows Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
12,743 
Current assets
Inventories
- 
1,854 
Cash at bank and in hand
- 
39,436 
- 
41,290 
Creditors: amounts falling due within one year
- 
(8,140)
Net current assets
- 
33,150 
Total assets less current liabilities
- 
45,893 
Creditors: amounts falling due after more than one year
- 
(18,884)
Net assets
- 
27,009 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(10)
26,999 
Shareholders' funds
- 
27,009 
For the period ending 31 May 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 28 August 2024 and were signed on its behalf by
Alex Buller Director Company Registration No. 08263872
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Artfellows Ltd Notes to the Accounts for the period from 1 November 2023 to 31 May 2024
1
Statutory information
Artfellows Ltd is a private company, limited by shares, registered in England and Wales, registration number 08263872. The registered office is 13 Bell Close, Little Snoring, Fakenham, Norfolk, NR21 0HX, 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 period, 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:
Plant & machinery
20% RBM
Motor vehicles
20% RBM
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2023
10,000 
At 31 May 2024
10,000 
Amortisation
At 1 November 2023
10,000 
At 31 May 2024
10,000 
Net book value
At 31 May 2024
- 
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Artfellows Ltd Notes to the Accounts for the period from 1 November 2023 to 31 May 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
34,249 
6,500 
40,749 
Disposals
(11,590)
(1,153)
(12,743)
At 31 May 2024
22,659 
5,347 
28,006 
Depreciation
At 1 November 2023
22,660 
5,346 
28,006 
At 31 May 2024
22,660 
5,346 
28,006 
Net book value
At 31 May 2024
(1)
1 
- 
At 31 October 2023
11,589 
1,154 
12,743 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
1,833 
Taxes and social security
- 
4,445 
Loans from directors
- 
530 
Accruals
- 
1,332 
- 
8,140 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
18,884 
8
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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