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REGISTERED NUMBER: 12024023 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Artisan Memorials Limited

Artisan Memorials Limited (Registered number: 12024023)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Artisan Memorials Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: M Brooks
D H Brooks
MS M D P Merino Manueco





REGISTERED OFFICE: Unit 3, City Business Park
Marshwood Close
Canterbury
Kent
CT1 1DX





REGISTERED NUMBER: 12024023 (England and Wales)





ACCOUNTANTS: A.K & Co (Accountancy Services) Ltd
19 Victoria Terrace
Hove
East Sussex
BN3 2WB

Artisan Memorials Limited (Registered number: 12024023)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 372,666 53,939

CURRENT ASSETS
Stocks 57,415 42,157
Debtors 5 100,115 194,959
Cash at bank 158,600 285,547
316,130 522,663
CREDITORS
Amounts falling due within one year 6 250,968 218,455
NET CURRENT ASSETS 65,162 304,208
TOTAL ASSETS LESS CURRENT
LIABILITIES

437,828

358,147

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 437,818 358,137
437,828 358,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:





D H Brooks - Director


Artisan Memorials Limited (Registered number: 12024023)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Artisan Memorials Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 33% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

Artisan Memorials Limited (Registered number: 12024023)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 - 111,040 111,040
Additions 340,530 389 340,919
At 30 June 2024 340,530 111,429 451,959
DEPRECIATION
At 1 July 2023 - 57,101 57,101
Charge for year - 22,192 22,192
At 30 June 2024 - 79,293 79,293
NET BOOK VALUE
At 30 June 2024 340,530 32,136 372,666
At 30 June 2023 - 53,939 53,939

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 57,829 49,967
Other debtors 42,286 144,992
100,115 194,959

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 534
Trade creditors 42,827 10,378
Taxation and social security 85,584 88,262
Other creditors 122,557 119,281
250,968 218,455

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
D H Brooks
Balance outstanding at start of year (2,289 ) (49,900 )
Amounts advanced 60,650 49,000
Amounts repaid (58,378 ) (1,389 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (17 ) (2,289 )

Artisan Memorials Limited (Registered number: 12024023)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

M Brooks
Balance outstanding at start of year 121,315 (32,200 )
Amounts advanced - 404,595
Amounts repaid (79,547 ) (251,080 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 41,768 121,315

MS M D P Merino Manueco
Balance outstanding at start of year (624 ) (312 )
Amounts advanced 624 -
Amounts repaid - (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (624 )

Mr M Brooks Directors Loan Account was overdrawn, the loan was repaid within 9 months from the year end.