Company Registration No. 14086858 (England and Wales)
FINE ART PROJECT DESIGNS LTD
Unaudited accounts
for the year ended 31 May 2024
FINE ART PROJECT DESIGNS LTD
Unaudited accounts
Contents
FINE ART PROJECT DESIGNS LTD
Company Information
for the year ended 31 May 2024
Directors
SAM PRITCHARD
RICHARD SMITH
Company Number
14086858 (England and Wales)
Registered Office
73 OSBORNE GARDENS
HERNE BAY
CT6 6SE
ENGLAND
Accountants
AXIS CLOUD ACCOUNTING LIMITED
MARLOWE INNOVATION CENTRE
MARLOWE WAY
RAMSGATE
KENT
CT12 6FA
FINE ART PROJECT DESIGNS LTD
Statement of financial position
as at 31 May 2024
Tangible assets
4,999
10,582
Cash at bank and in hand
13,775
3,805
Creditors: amounts falling due within one year
(29,725)
(42,604)
Net current liabilities
(5,755)
(38,650)
Net liabilities
(756)
(28,068)
Profit and loss account
(756)
(28,068)
Shareholders' funds
(756)
(28,068)
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 directors acknowledge their 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 of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by
SAM PRITCHARD
Director
Company Registration No. 14086858
FINE ART PROJECT DESIGNS LTD
Notes to the Accounts
for the year ended 31 May 2024
FINE ART PROJECT DESIGNS LTD is a private company, limited by shares, registered in England and Wales, registration number 14086858. The registered office is 73 OSBORNE GARDENS, HERNE BAY, CT6 6SE, 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.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
15,000
1,165
16,165
At 31 May 2024
15,000
1,165
16,165
At 1 June 2023
5,000
583
5,583
Charge for the year
5,000
583
5,583
At 31 May 2024
10,000
1,166
11,166
At 31 May 2024
5,000
(1)
4,999
At 31 May 2023
10,000
582
10,582
Amounts falling due within one year
Amounts falling due after more than one year
FINE ART PROJECT DESIGNS LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,968
-
Loans from directors
14,275
5,789
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).