Registered number
01496707
Shareart Limited
Unaudited Filleted Accounts
30 June 2024
Shareart Limited
Registered number: 01496707
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 10 10
Current assets
Cash at bank and in hand 659 2,203
Creditors: amounts falling due within one year 4 (268) (280)
Net current assets 391 1,923
Net assets 401 1,933
Capital and reserves
Called up share capital 8 8
Profit and loss account 393 1,925
Shareholders' funds 401 1,933
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Evans
Director
Approved by the board on 11 March 2025
Shareart Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 July 2023 10
At 30 June 2024 10
Depreciation
At 30 June 2024 -
Net book value
At 30 June 2024 10
At 30 June 2023 10
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 268 280
5 Other information
Shareart Limited is a private company limited by shares and incorporated in England. Its registered office is:
Ground Floor Flat
102 Cotham Brow
Cotham
Bristol
BS6 6AP
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