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REGISTERED NUMBER: 09065022 (England and Wales)


Financial Statements for the Year Ended 31 March 2024

for

Arturo Smarts Ltd

Arturo Smarts Ltd (Registered number: 09065022)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Arturo Smarts Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr Arturo Pestana





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 09065022 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Arturo Smarts Ltd (Registered number: 09065022)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 183,708 183,708
Property, plant and equipment 5 5,244 6,022
188,952 189,730

CURRENT ASSETS
Inventories 3,868 3,265
Debtors 6 23,701 23,362
Cash at bank and in hand 147,203 143,954
174,772 170,581
CREDITORS
Amounts falling due within one year 7 79,986 84,581
NET CURRENT ASSETS 94,786 86,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

283,738

275,730

CREDITORS
Amounts falling due after more than one
year

8

185,000

185,000
NET ASSETS 98,738 90,730

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 98,638 90,630
SHAREHOLDERS' FUNDS 98,738 90,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Arturo Smarts Ltd (Registered number: 09065022)

Statement of Financial Position - continued
31 March 2024


The 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.

The financial statements were approved by the director and authorised for issue on 12 November 2024 and were signed by:





Mr Arturo Pestana - Director


Arturo Smarts Ltd (Registered number: 09065022)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Arturo Smarts Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 183,708
NET BOOK VALUE
At 31 March 2024 183,708
At 31 March 2023 183,708

Arturo Smarts Ltd (Registered number: 09065022)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023 13,745
Additions 970
At 31 March 2024 14,715
DEPRECIATION
At 1 April 2023 7,723
Charge for year 1,748
At 31 March 2024 9,471
NET BOOK VALUE
At 31 March 2024 5,244
At 31 March 2023 6,022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 170 165
Other debtors 23,531 23,197
23,701 23,362

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 5,940 27,012
Taxation and social security 16,947 19,094
Other creditors 57,099 38,475
79,986 84,581

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 185,000 185,000

Arturo Smarts Ltd (Registered number: 09065022)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100