1 June 2023 false No description of principal activity Taxfiler 2024.6 04759959business:PrivateLimitedCompanyLtd2023-06-012024-05-31 047599592023-05-31 047599592023-06-012024-05-31 04759959business:AuditExemptWithAccountantsReport2023-06-012024-05-31 04759959business:FilletedAccounts2023-06-012024-05-31 047599592024-05-31 04759959business:Director12023-06-012024-05-31 04759959business:RegisteredOffice2023-06-012024-05-31 047599592023-05-31 04759959core:WithinOneYear2024-05-31 04759959core:WithinOneYear2023-05-31 04759959core:AfterOneYear2024-05-31 04759959core:AfterOneYear2023-05-31 04759959core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 04759959core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 04759959core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 04759959core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 04759959core:PreviouslyStatedAmount2024-05-31 04759959core:PreviouslyStatedAmount2023-05-31 04759959business:SmallEntities2023-06-012024-05-31 04759959countries:EnglandWales2023-06-012024-05-31 04759959core:MotorVehicles2023-06-012024-05-31 04759959core:FurnitureFittings2023-06-012024-05-31 04759959core:Goodwill2023-05-31 04759959core:Goodwill2024-05-31 04759959core:MotorVehicles2023-05-31 04759959core:FurnitureFittings2023-05-31 04759959core:MotorVehicles2024-05-31 04759959core:FurnitureFittings2024-05-31 047599592022-06-012023-05-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
Artifax Design & Print Limited Company Information for the year ended 31 May 2024
Director
Michael Laidlow
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
- 3 -
Artifax Design & Print Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,495 
19,520 
Current assets
Inventories
100 
500 
Debtors
12,826 
8,747 
Cash at bank and in hand
13,685 
7,160 
26,611 
16,407 
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)
Net assets
7,343 
3,174 
Capital and reserves
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
- 4 -
Artifax Design & Print Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2023
26,000 
At 31 May 2024
26,000 
Amortisation
At 1 June 2023
26,000 
At 31 May 2024
26,000 
Net book value
At 31 May 2024
- 
- 5 -
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 
Additions
- 
3,375 
3,375 
At 31 May 2024
21,870 
62,671 
84,541 
Depreciation
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 
Net book value
At 31 May 2024
12,301 
5,194 
17,495 
At 31 May 2023
16,402 
3,118 
19,520 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,579 
6,935 
Other debtors
- 
1,812 
12,579 
8,747 
Amounts falling due after more than one year
Accrued income and prepayments
247 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,952 
- 
Trade creditors
1,352 
892 
Taxes and social security
1,486 
3,823 
Other creditors
3,319 
24,555 
10,109 
29,270 
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).
- 6 -