Company registration number 07664386 (England and Wales)
SANCROFT-BAKER FINE ART LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
SANCROFT-BAKER FINE ART LTD
COMPANY INFORMATION
Director
Mr R S Sancroft-Baker
Company number
07664386
Registered office
Upper Lea Farm
Swalcliffe Lea
Banbury
Oxfordshire
OX15 6ET
Accountants
Ellacotts LLP
Countrywide House
23 West Bar
Banbury
Oxfordshire
England
OX16 9SA
SANCROFT-BAKER FINE ART LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
SANCROFT-BAKER FINE ART LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SANCROFT-BAKER FINE ART LTD FOR THE YEAR ENDED 30 JUNE 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sancroft-Baker Fine Art Ltd for the year ended 30 June 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Sancroft-Baker Fine Art Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Sancroft-Baker Fine Art Ltd and state those matters that we have agreed to state to the board of directors of Sancroft-Baker Fine Art Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sancroft-Baker Fine Art Ltd and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Sancroft-Baker Fine Art Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Sancroft-Baker Fine Art Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sancroft-Baker Fine Art Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ellacotts LLP
Chartered Accountants
Countrywide House
23 West Bar
Banbury
Oxfordshire
England
OX16 9SA
Date:
28 January 2025
SANCROFT-BAKER FINE ART LTD
BALANCE SHEET
AS AT 30 JUNE 2024
30 June 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
499,632
-
0
Current assets
2,297,126
638,854
Creditors: amounts falling due within one year
(812,548)
(1,899)
Net current assets
1,484,578
636,955
Total assets less current liabilities
1,984,210
636,955
Net assets
1,984,210
636,955
Capital and reserves
1,984,210
636,955
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

At 30 June 2024, the director owed the company £885,339 (2023: £7,777).

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
1

Sancroft-Baker Fine Art Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Upper Lea Farm, Swalcliffe Lea, Banbury, Oxfordshire, OX15 6ET.

For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

 

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

SANCROFT-BAKER FINE ART LTD
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024
30 June 2024
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 28 January 2025
Mr R S Sancroft-Baker
Director
Company registration number 07664386 (England and Wales)
2024-06-302023-07-01falsefalseCCH SoftwareCCH Accounts Production 2024.310Mr R S Sancroft-Bakerfalse076643862023-07-012024-06-3007664386bus:Director12023-07-012024-06-3007664386bus:RegisteredOffice2023-07-012024-06-30076643862024-06-30076643862023-06-3007664386core:CurrentFinancialInstrumentscore:WithinOneYear2024-06-3007664386core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-30076643862022-07-012023-06-3007664386bus:PrivateLimitedCompanyLtd2023-07-012024-06-3007664386bus:SmallCompaniesRegimeForAccounts2023-07-012024-06-3007664386bus:Micro-entities2023-07-012024-06-3007664386bus:AuditExemptWithAccountantsReport2023-07-012024-06-3007664386bus:FullAccounts2023-07-012024-06-30xbrli:purexbrli:sharesiso4217:GBP