2023-07-01 2024-06-30 false No description of principal activity Capium Accounts Production 1.1 05763975 2023-07-01 2024-06-30 05763975 bus:AbridgedAccounts 2023-07-01 2024-06-30 05763975 bus:FRS102 2023-07-01 2024-06-30 05763975 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 05763975 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05763975 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05763975 2023-07-01 2024-06-30 05763975 2024-06-30 05763975 bus:RegisteredOffice 2023-07-01 2024-06-30 05763975 core:WithinOneYear 2024-06-30 05763975 core:AfterOneYear 2024-06-30 05763975 1 2023-07-01 2024-06-30 05763975 bus:Director1 2023-07-01 2024-06-30 05763975 bus:Director1 2024-06-30 05763975 bus:Director1 2022-07-01 2023-06-30 05763975 2022-07-01 05763975 bus:LeadAgentIfApplicable 2023-07-01 2024-06-30 05763975 2022-07-01 2023-06-30 05763975 2023-06-30 05763975 core:WithinOneYear 2023-06-30 05763975 core:AfterOneYear 2023-06-30 05763975 bus:EntityAccountantsOrAuditors 2022-07-01 2023-06-30 05763975 core:PlantMachinery 2023-07-01 2024-06-30 05763975 core:PlantMachinery 2024-06-30 05763975 core:PlantMachinery 2023-06-30 05763975 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-06-30 05763975 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 05763975 core:OtherResidualIntangibleAssets 2023-07-01 2024-06-30 05763975 core:OtherResidualIntangibleAssets 2024-06-30 05763975 core:OtherResidualIntangibleAssets 2023-06-30 05763975 core:NetGoodwill 2023-07-01 2024-06-30 05763975 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 05763975 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 05763975 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-06-30 05763975 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 05763975 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 05763975 core:Non-currentFinancialInstruments 2024-06-30 05763975 core:Non-currentFinancialInstruments 2023-06-30 05763975 core:ShareCapital 2024-06-30 05763975 core:ShareCapital 2023-06-30 05763975 core:RetainedEarningsAccumulatedLosses 2024-06-30 05763975 core:RetainedEarningsAccumulatedLosses 2023-06-30 05763975 dpl:Item1 2023-07-01 05763975 dpl:Item1 2024-06-30 05763975 dpl:Item1 2022-07-01 05763975 dpl:Item1 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05763975
England and Wales

 

 

 

AFRICAN ARTISANS LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 July 2023

End date: 30 June 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Intangible fixed assets 3 15,600    15,600 
Tangible fixed assets 4 179    224 
15,779    15,824 
Current assets      
Stocks 11,200    11,200 
Cash at bank and in hand (79)   (588)
11,121    10,612 
Creditors: amount falling due within one year (30,001)   (30,001)
Net current assets (18,880)   (19,389)
 
Total assets less current liabilities (3,101)   (3,565)
Creditors: amount falling due after more than one year (37,432)   (37,432)
Net assets (40,533)   (40,997)
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account (40,535)   (40,999)
Shareholders' funds (40,533)   (40,997)
 


For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 04 March 2025 and were signed by:


-------------------------------
Stephen Hill
Director
1
General Information
AFRICAN ARTISANS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05763975, registration address 16, Wills Business Park, Salmon Parade, , Bridgwater , TA6 5JT.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, 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:
Plant and Machinery 20% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
3.

Intangible fixed assets

Cost Other   Total
  £   £
At 01 July 2023 15,600    15,600 
Additions  
Disposals  
At 30 June 2024 15,600    15,600 
Net book values
At 30 June 2024 15,600    15,600 
At 30 June 2023 15,600    15,600 


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 July 2023 350    350 
Additions  
Disposals  
At 30 June 2024 350    350 
Depreciation
At 01 July 2023 126    126 
Charge for year 45    45 
On disposals  
At 30 June 2024 171    171 
Net book values
Closing balance as at 30 June 2024 179    179 
Opening balance as at 01 July 2023 224    224 


2