2022-09-01 2023-08-31 false No description of principal activity Capium Accounts Production 1.1 06022463 bus:FullAccounts 2022-09-01 2023-08-31 06022463 bus:FRS102 2022-09-01 2023-08-31 06022463 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 06022463 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 06022463 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 06022463 2022-09-01 2023-08-31 06022463 2023-08-31 06022463 bus:RegisteredOffice 2022-09-01 2023-08-31 06022463 core:WithinOneYear 2023-08-31 06022463 core:AfterOneYear 2023-08-31 06022463 bus:Director1 2022-09-01 2023-08-31 06022463 bus:Director1 2023-08-31 06022463 bus:Director1 2021-09-01 2022-08-31 06022463 bus:Director2 2022-09-01 2023-08-31 06022463 bus:Director2 2023-08-31 06022463 bus:Director2 2021-09-01 2022-08-31 06022463 2021-09-01 06022463 bus:LeadAgentIfApplicable 2022-09-01 2023-08-31 06022463 2021-09-01 2022-08-31 06022463 2022-08-31 06022463 core:WithinOneYear 2022-08-31 06022463 core:AfterOneYear 2022-08-31 06022463 bus:EntityAccountantsOrAuditors 2021-09-01 2022-08-31 06022463 core:LandBuildings 2022-09-01 2023-08-31 06022463 core:LandBuildings 2023-08-31 06022463 core:LandBuildings 2022-08-31 06022463 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 06022463 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-08-31 06022463 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 06022463 core:CostValuation core:Non-currentFinancialInstruments 2022-08-31 06022463 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-08-31 06022463 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 06022463 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 06022463 core:Non-currentFinancialInstruments 2023-08-31 06022463 core:Non-currentFinancialInstruments 2022-08-31 06022463 core:ShareCapital 2023-08-31 06022463 core:ShareCapital 2022-08-31 06022463 core:RetainedEarningsAccumulatedLosses 2023-08-31 06022463 core:RetainedEarningsAccumulatedLosses 2022-08-31 06022463 dpl:Item1 2022-09-01 06022463 dpl:Item1 2023-08-31 06022463 dpl:Item1 2021-09-01 06022463 dpl:Item1 2022-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 06022463
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 August 2023

for

THE ARTS GARAGE LIMITED

 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3   1 
  1 
Current assets      
Debtors 4 116,644    113,475 
Cash at bank and in hand (4,817)   (3,985)
111,827    109,490 
Creditors: amount falling due within one year 5 (32,992)   (42,050)
Net current assets 78,835    67,440 
 
Total assets less current liabilities 78,835    67,441 
Creditors: amount falling due after more than one year 6 (33,774)   (33,432)
Net assets 45,061    34,009 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 44,961    33,909 
Shareholders' funds 45,061    34,009 
 


For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 29 August 2024 and were signed on its behalf by:


-------------------------------
Lyn Wilson
Director
1
General Information
The Arts Garage Limited is a private company, limited by shares, registered in England and Wales, registration number 06022463, registration address Oberon House , Hedon Road, Hull , East Yorkshire, HU9 1RL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 7% Straight Line
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Total
  £   £
At 01 September 2022 229,371    229,371 
Additions 7,000    7,000 
Disposals (236,371)   (236,371)
At 31 August 2023  
Depreciation
At 01 September 2022 229,370    229,370 
Charge for year 7,000    7,000 
On disposals (236,370)   (236,370)
At 31 August 2023  
Net book values
Closing balance as at 31 August 2023  
Opening balance as at 01 September 2022 1    1 


4.

Debtors: amounts falling due within one year

2023
£
  2022
£
Prepayments & Accrued Income 1,175    270 
Other Debtors 115,469    113,205 
116,644    113,475 

5.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 1,578    4,360 
Bank Loans & Overdrafts 10,000    10,000 
Corporation Tax 8,437    10,189 
Accrued Expenses 4,906    2,450 
Obligations under HP/Financial Leases   6,980 
Directors' Current Accounts 8,071    8,071 
32,992    42,050 

6.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts 33,774    33,432 
33,774    33,432 

2