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Company Registration No. 4269350 (England and Wales)
TATTOO ART LIMITED Unaudited accounts for the year ended 31 October 2024
TATTOO ART LIMITED Unaudited accounts Contents
Page
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TATTOO ART LIMITED Company Information for the year ended 31 October 2024
Director
Mrs K Lane
Secretary
Thelma Merry
Company Number
4269350 (England and Wales)
Registered Office
10 Looms Lane Bury St Edmunds Suffolk IP33 1HE England
Accountants
Merry Accountancy Services Ltd 6 Downing Drive Great Barton Bury St Edmunds Suffolk IP31 2RP
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TATTOO ART LIMITED Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
21,000 
21,750 
Tangible assets
2,788 
4,344 
23,788 
26,094 
Current assets
Inventories
1,873 
2,137 
Cash at bank and in hand
28,646 
26,637 
30,519 
28,774 
Creditors: amounts falling due within one year
(69,855)
(54,968)
Net current liabilities
(39,336)
(26,194)
Total assets less current liabilities
(15,548)
(100)
Creditors: amounts falling due after more than one year
(2,267)
(6,659)
Net liabilities
(17,815)
(6,759)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(17,915)
(6,859)
Shareholders' funds
(17,815)
(6,759)
For the year ending 31 October 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 March 2024 and were signed on its behalf by
Mrs K Lane Director Company Registration No. 4269350
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TATTOO ART LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
TATTOO ART LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4269350. The registered office is 10 Looms Lane, Bury St Edmunds, Suffolk, IP33 1HE, 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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
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 November 2023
28,500 
At 31 October 2024
28,500 
Amortisation
At 1 November 2023
6,750 
Charge for the year
750 
At 31 October 2024
7,500 
Net book value
At 31 October 2024
21,000 
At 31 October 2023
21,750 
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TATTOO ART LIMITED Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2023
16,279 
Disposals
(1,975)
At 31 October 2024
14,304 
Depreciation
At 1 November 2023
11,935 
Surplus on revaluation
1,556 
On disposals
(1,975)
At 31 October 2024
11,516 
Net book value
At 31 October 2024
2,788 
At 31 October 2023
4,344 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,400 
3,400 
Trade creditors
25,249 
23,573 
Taxes and social security
330 
262 
Other creditors
1,928 
1,626 
Loans from directors
37,678 
25,107 
Accruals
1,270 
1,000 
69,855 
54,968 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,267 
6,659 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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