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Registered Number: 11222183
England and Wales

 

 

 

ARTIZAN TECHNOLOGIES LTD


Abridged Accounts
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
 
 
Notes
 
2024
£
  2023
£
Current assets      
Debtors: amounts falling due within one year 28,097    39,386 
Cash at bank and in hand 238,228    103,991 
266,325    143,377 
Creditors: amount falling due within one year (81,141)   (55,877)
Net current assets 185,184    87,500 
 
Total assets less current liabilities 185,184    87,500 
Creditors: amount falling due after more than one year (8,696)   (12,991)
Net assets 176,488    74,509 
 

Capital and reserves
     
Called up share capital 3 1    1 
Profit and loss account 176,487    74,508 
Shareholders' funds 176,488    74,509 
 


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 11 November 2024 and were signed by:


-------------------------------
JEHAN ZAIB HASSAN
Director
1
General Information
ARTIZAN TECHNOLOGIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11222183, registration address 160 ST.PAULS ROAD, BALSAL HEAHT, BIRMINGHAM, WEST MIDLANDS, B12 8LZ.

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.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 6 (2023 : 4).
3.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £0.01 each  
 

2