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REGISTERED NUMBER: 06276798 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

JEREMY BARLOW FINE ART LTD

JEREMY BARLOW FINE ART LTD (REGISTERED NUMBER: 06276798)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024




Page

Statement of Financial Position 1


JEREMY BARLOW FINE ART LTD (REGISTERED NUMBER: 06276798)

STATEMENT OF FINANCIAL POSITION
31 May 2024

31.5.24 31.5.23
£    £    £    £   
FIXED ASSETS 35,250 66,818

CURRENT ASSETS 127,296 190,646

CREDITORS
Amounts falling due within one year (183,702 ) (184,754 )
NET CURRENT (LIABILITIES)/ASSETS (56,406 ) 5,892
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21,156

)

72,710

CREDITORS
Amounts falling due after more than one
year

17,478

30,914
NET (LIABILITIES)/ASSETS (38,634 ) 41,796

CAPITAL AND RESERVES (38,634 ) 41,796

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Jeremy Barlow Fine Art Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06276798

Registered office: Langley House
Park Road
London
N2 8EY

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2023 - 3 ) .

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
J T C Barlow
Balance outstanding at start of year 31,089 18,477
Amounts advanced 28,717 50,887
Amounts repaid (19,000 ) (38,275 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 40,806 31,089

JEREMY BARLOW FINE ART LTD (REGISTERED NUMBER: 06276798)

STATEMENT OF FINANCIAL POSITION - continued
31 May 2024

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

Included within the amount advanced is interest of £898 (2023: £610) charged at HMRC prescribed rate on the outstanding loan balance. The overdrawn loan balance is repayable on demand and personally guaranteed by the director.

During the year dividends of £19,000 were paid based on the reserves available. Subsequently it has been found that this has bought the reserves into a negative position and the shareholders will not be receiving any further dividends until the reserves are available.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

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 his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 26 February 2025 and were signed by:





J T C Barlow - Director