Company Registration No. 7921247 (England and Wales)
Carbon Art 45 Limited
Unaudited accounts
for the year ended 31 March 2024
Carbon Art 45 Limited
Unaudited accounts
Contents
Carbon Art 45 Limited
Company Information
for the year ended 31 March 2024
Company Number
7921247 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
Buckinghamshire
MK18 1NU
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Carbon Art 45 Limited
Statement of financial position
as at 31 March 2024
Tangible assets
24,295
25,546
Inventories
158,676
186,855
Cash at bank and in hand
162,549
187,304
Creditors: amounts falling due within one year
(201,640)
(199,421)
Net current assets
239,771
316,277
Total assets less current liabilities
264,066
341,823
Provisions for liabilities
Deferred tax
(4,378)
(4,459)
Net assets
259,688
337,364
Called up share capital
1
1
Profit and loss account
259,687
337,363
Shareholders' funds
259,688
337,364
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 13 November 2024 and were signed on its behalf by
A J Gibson
Director
Company Registration No. 7921247
Carbon Art 45 Limited
Notes to the Accounts
for the year ended 31 March 2024
Carbon Art 45 Limited is a private company, limited by shares, registered in England and Wales, registration number 7921247. The registered office is Moreton House, 31 High Street, Buckingham, Buckinghamshire, MK18 1NU.
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:
Fixtures & fittings
15% RBM
Computer equipment
25% RBM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Carbon Art 45 Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2023
2,105
23,960
28,020
602
6,002
60,689
Additions
-
2,831
-
437
583
3,851
At 31 March 2024
2,105
26,791
28,020
1,039
6,585
64,540
At 1 April 2023
1,199
11,687
18,838
256
3,163
35,143
Charge for the year
91
2,266
1,837
52
856
5,102
At 31 March 2024
1,290
13,953
20,675
308
4,019
40,245
At 31 March 2024
815
12,838
7,345
731
2,566
24,295
At 31 March 2023
906
12,273
9,182
346
2,839
25,546
Amounts falling due within one year
Trade debtors
89,476
101,440
Accrued income and prepayments
2,935
2,846
Other debtors
27,775
37,253
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,965
13,197
Taxes and social security
(11,751)
12,905
Other creditors
212,531
172,875
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).