Company Registration No. 08992459 (England and Wales)
GRAPHIC ARTZ LIMITED
Unaudited accounts
for the year ended 30 April 2024
GRAPHIC ARTZ LIMITED
Unaudited accounts
Contents
GRAPHIC ARTZ LIMITED
Company Information
for the year ended 30 April 2024
Directors
K. Harper
V. Kairiene
Company Number
08992459 (England and Wales)
Registered Office
UNIT 4, BRICKHILL PASTURES LIMBERSEY LAN
MAULDEN
BEDFORD
MK45 2EB
ENGLAND
GRAPHIC ARTZ LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
322,447
241,651
Cash at bank and in hand
6,907
26,789
Creditors: amounts falling due within one year
(257,352)
(204,914)
Net current (liabilities)/assets
(78,716)
41,167
Total assets less current liabilities
243,731
282,818
Creditors: amounts falling due after more than one year
(35,820)
(41,051)
Net assets
207,911
241,767
Called up share capital
1
1
Profit and loss account
207,910
241,766
Shareholders' funds
207,911
241,767
For the year ending 30 April 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 4 December 2024 and were signed on its behalf by
K. Harper
Director
Company Registration No. 08992459
GRAPHIC ARTZ LIMITED
Notes to the Accounts
for the year ended 30 April 2024
GRAPHIC ARTZ LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08992459. The registered office is UNIT 4, BRICKHILL PASTURES LIMBERSEY LAN, MAULDEN, BEDFORD, MK45 2EB, 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.
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: 25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
278,926
45,912
7,791
332,629
Additions
124,839
-
2,459
127,298
At 30 April 2024
403,765
45,912
10,250
459,927
At 1 May 2023
77,629
8,027
5,322
90,978
Charge for the year
35,153
9,179
2,170
46,502
At 30 April 2024
112,782
17,206
7,492
137,480
At 30 April 2024
290,983
28,706
2,758
322,447
At 30 April 2023
201,297
37,885
2,469
241,651
Amounts falling due within one year
Trade debtors
146,963
197,890
GRAPHIC ARTZ LIMITED
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
36,767
45,033
Taxes and social security
-
37,442
Loans from directors
220,585
122,439
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).