Registered Number:10170925 |
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2024
My Artisan Markets Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
My Artisan Markets Ltd
Statement of Financial Position
2023
2024
4,187
5,200
2
Property, plant and equipment |
22,881
28,781
3
27,068
33,981
Trade and other receivables |
772
529
4
7,698
Cash and cash equivalents |
11,767
12,296
8,470
Trade and other payables: amounts falling due within one year |
(18,751)
(34,184)
5
(10,281)
(21,888)
Net current liabilities
Total assets less current liabilities |
5,180
23,700
Trade and other payables: amounts falling due after more than |
one year |
(20,696)
-
6
(2,175)
(2,975)
Provisions for liabilities |
3,005
Net assets
29
1
1
3,004
28
3,005
29
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 May 2024
My Artisan Markets Ltd
Statement of Financial Position Continued
Mrs Nicola Capewell Director |
These financial statements were approved and authorised for issue by the Board on 24 February 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2024
My Artisan Markets Ltd
Notes to the Financial Statements
Statutory Information
My Artisan Markets Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
10170925. |
73 Dartmouth Avenue
Newcastle Under Lyme
Staffordshire
ST5 3NS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. |
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Intangible assets
Other intangible assets relate to the intial development of the company's websites and is being amortised over 10 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Motor Vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 May 2024
My Artisan Markets Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
10,134
10,134
4,934
1,013
Charge for year
5,947
4,187
5,200
3. Property, plant and equipment |
Motor Vehicles
46,883
3,633
43,250
43,250
3,633
46,883
Provision for depreciation and impairment |
18,102
2,532
15,570
Charge for year
5,900
364
5,536
24,002
2,896
21,106
22,144
737
22,881
27,680
1,101
28,781
4. Trade and other receivables |
2023
2024
-
344
529
428
772
529
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For the year ended 31 May 2024
My Artisan Markets Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
-
400
34,184
18,351
34,184
18,751
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
-
20,696
7. Related party transactions |
Included within other creditors is the directors loan account totalling £6,664 (2023 - £12,279). This loan is interest free and |
has no fixed date of repayment. |
8. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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