Artform Holdings Limited Filleted Accounts Cover |
Company No. 11155729 | |||||||||
Artform Holdings Limited Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 March 2024. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
D. Adleman | |||||||||
J. Ellis | |||||||||
B. Lampert | |||||||||
Signed on behalf of the board | |||||||||
D. Adleman | |||||||||
Director | |||||||||
20 December 2024 |
Artform Holdings Limited Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2024 | 2023 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 4 | |||||||||
Current assets | ||||||||||
Debtors | 5 | |||||||||
Investments | 6 | |||||||||
Creditors: Amount falling due within one year | 7 | ( | ( | |||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Creditors: Amounts falling due after more than one year | 8 | ( | ( | |||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 10 | |||||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 20 December 2024 and signed on its behalf by: | ||||||||||
D. Adleman | ||||||||||
Director | ||||||||||
20 December 2024 |
Artform Holdings Limited Notes to the Accounts Registrar |
for the year ended 31 March 2024 | ||||||||||||||
1 | General information | |||||||||||||
Artform Holdings Limited is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 11155729 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Income from consultancy services is recognised in turnover when the services have been provided Management charges to subsidiary companies are recognised as turnover when the services covered by the charges have been provided. Charges are determined based on a fair allocation of costs incurred and a reasonable mark-up, reflecting the nature and extent of the management services provided. Revenue is recognised in the accounting period to which it relates. The company exercises judgement in determining the stage of completion of consultancy services, and estimates may be required in recognising revenue for partially completed contracts. | ||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | ||||||||||||||
Motor vehicles | ||||||||||||||
Furniture, fittings and equipment | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. | ||||||||||||||
Investments | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
Foreign currencies | ||||||||||||||
Leased assets | ||||||||||||||
Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases. Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above). Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. | ||||||||||||||
Defined contribution pensions | ||||||||||||||
3 | Employees | |||||||||||||
2024 | 2023 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Tangible fixed assets | |||||||||||||
Motor vehicles | Fixtures, fittings and equipment | Total | ||||||||||||
£ | £ | £ | ||||||||||||
Cost or revaluation | ||||||||||||||
At 1 April 2023 | ||||||||||||||
Additions | ||||||||||||||
Disposals | ( | ( | ( | |||||||||||
At 31 March 2024 | ||||||||||||||
Depreciation | ||||||||||||||
At 1 April 2023 | ||||||||||||||
Charge for the year | ||||||||||||||
Disposals | ( | ( | ( | |||||||||||
At 31 March 2024 | ||||||||||||||
Net book values | ||||||||||||||
At 31 March 2024 | ||||||||||||||
At 31 March 2023 | 51,837 | 14,606 | ||||||||||||
5 | Debtors | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Trade debtors | ||||||||||||||
Amounts owed by group undertakings | ||||||||||||||
Loans to directors | ||||||||||||||
Other debtors | ||||||||||||||
Prepayments and accrued income | ||||||||||||||
6 | Current asset investments | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Unlisted investments | ||||||||||||||
7 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
Other loans | ||||||||||||||
Obligations under finance lease and hire purchase contracts | ||||||||||||||
Trade creditors | ||||||||||||||
Amounts owed to group undertakings | ||||||||||||||
Taxes and social security | ||||||||||||||
Loans from directors | ||||||||||||||
Other creditors | ||||||||||||||
Accruals and deferred income | ||||||||||||||
8 | Creditors: | |||||||||||||
amounts falling due after more than one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
Obligations under finance lease and hire purchase contracts | ||||||||||||||
9 | Share Capital | |||||||||||||
Ordinary share capital | ||||||||||||||
10 | Reserves | |||||||||||||