Company Registration No. 04759959 (England and Wales)
Artifax Design & Print Limited
Unaudited accounts
for the year ended 31 May 2024
Artifax Design & Print Limited
Unaudited accounts
Contents
Artifax Design & Print Limited
Company Information
for the year ended 31 May 2024
Company Number
04759959 (England and Wales)
Registered Office
6 Far Moor
Bigrigg
Egremont
Cumbria
CA22 2UZ
England
Accountants
Angela Black FMAAT
AB Accountancy Solutions Ltd
64 Ruskin Close
High Harrington
Cumbria
CA144LS
Artifax Design & Print Limited
Statement of financial position
as at 31 May 2024
Tangible assets
17,495
19,520
Cash at bank and in hand
13,685
7,160
Creditors: amounts falling due within one year
(10,109)
(29,270)
Net current assets/(liabilities)
16,502
(12,863)
Total assets less current liabilities
33,997
6,657
Creditors: amounts falling due after more than one year
(26,104)
-
Provisions for liabilities
Other provisions
(550)
(3,483)
Called up share capital
2
2
Profit and loss account
7,341
3,172
Shareholders' funds
7,343
3,174
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 12 February 2025 and were signed on its behalf by
Michael Laidlow
Director
Company Registration No. 04759959
Artifax Design & Print Limited
Notes to the Accounts
for the year ended 31 May 2024
Artifax Design & Print Limited is a private company, limited by shares, registered in England and Wales, registration number 04759959. The registered office is 6 Far Moor, Bigrigg, Egremont, Cumbria, CA22 2UZ, 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:
Motor vehicles
25% reducing balance basis
Fixtures & fittings
20% reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Artifax Design & Print Limited
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
21,870
59,296
81,166
At 31 May 2024
21,870
62,671
84,541
At 1 June 2023
5,468
56,178
61,646
Charge for the year
4,101
1,299
5,400
At 31 May 2024
9,569
57,477
67,046
At 31 May 2024
12,301
5,194
17,495
At 31 May 2023
16,402
3,118
19,520
Amounts falling due within one year
Trade debtors
12,579
6,935
Amounts falling due after more than one year
Accrued income and prepayments
247
-
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,486
3,823
Other creditors
3,319
24,555
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
26,104
-
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).