Asgard Arts Limited 07426474 Online art works sales false 6 April 2023 07426474 2023-04-06 2024-04-05 07426474 2023-04-05 07426474 2024-04-05 07426474 2022-04-06 2023-04-05 07426474 2022-04-05 07426474 2023-04-05 07426474 frs102-bus:FRS102 2023-04-06 2024-04-05 07426474 frs102-bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 07426474 frs102-bus:FullAccounts 2023-04-06 2024-04-05 07426474 frs102-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 07426474 frs102-core:CurrentFinancialInstruments 2024-04-05 07426474 frs102-core:CurrentFinancialInstruments 2023-04-05 07426474 frs102-core:ShareCapital 2024-04-05 07426474 frs102-core:ShareCapital 2023-04-05 07426474 frs102-core:RetainedEarningsAccumulatedLosses 2024-04-05 07426474 frs102-core:RetainedEarningsAccumulatedLosses 2023-04-05 07426474 frs102-bus:Director1 2023-04-06 2024-04-05 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
07426474
Asgard Arts Limited
Unaudited Accounts
for the year ended
5 April 2024
Asgard Arts Limited
Balance Sheet
as at 5 April 2024
Notes
2024
£
2023
£
Current assets
Stocks 0 3,000
Debtors 4 11,503 11,783
Cash at bank and in hand 2,627 1,141
14,130 15,924
Creditors: amounts falling due within one year 5 (12,819) (9,052)
Net current assets / (liabilities) 1,311 6,872
Total assets less current liabilities 1,311 6,872
Provisions for liabilities (0) (0)
Total net assets (liabilities) 1,311 6,872
Capital and reserves
Called up share capital 2 2
Profit and loss account 1,309 6,870
Shareholders' funds 1,311 6,872

Asgard Arts Limited
Balance Sheet
as at 5 April 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 5 April 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr R Hamilton

Director


Approved by the board on 30 January 2025

Company Number: 07426474 (a registered in Other)

Registered Office:

47 Churchill Close
Flackwell Heath
High Wycombe
England

Asgard Arts Limited
Notes to the Accounts
for the year ended 5 April 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
2. Taxation
2024 2023
£ £
UK Corporation Tax 2,449 1,891
Deferred tax 0 8
Tax on profit/(loss) on ordinary activities 2,449 1,899

3. Employees
2024 2023
Average number of employees during the period 1 1

4. Debtors
2024 2023
£ £
Other debtors 11,503 11,783
11,503 11,783

5. Creditors: amounts falling due within one year
2024 2023
£ £
Taxation & social security 10,884 7,697
Other creditors 1,935 1,355
12,819 9,052

6. Dividends
2024 2023
£ £
Total dividend payment 16,000 4,000