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REGISTERED NUMBER: 03173958 (England and Wales)













ARTSTATION

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






ARTSTATION (REGISTERED NUMBER: 03173958)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ARTSTATION

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr. G S Davidson
Ms A E Hayes
Mr M H Fedeski





SECRETARY: Ms A E Hayes





REGISTERED OFFICE: 21 Llanfair Road
Cardiff
CF11 9PZ





REGISTERED NUMBER: 03173958 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

ARTSTATION (REGISTERED NUMBER: 03173958)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 30,208 7,431

CURRENT ASSETS
Cash at bank and in hand 10,572 70,215

CREDITORS
Amounts falling due within one year 5 51,073 24,872
NET CURRENT (LIABILITIES)/ASSETS (40,501 ) 45,343
TOTAL ASSETS LESS CURRENT LIABILITIES (10,293 ) 52,774

CREDITORS
Amounts falling due after more than one year 6 - 45,000
NET (LIABILITIES)/ASSETS (10,293 ) 7,774

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings (10,493 ) 7,574
SHAREHOLDERS' FUNDS (10,293 ) 7,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:





Mr. G S Davidson - Director


ARTSTATION (REGISTERED NUMBER: 03173958)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. GENERAL INFORMATION

Artstation is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 October 2023 10,194 29,747 39,941
Additions 37,505 - 37,505
Disposals (10,194 ) - (10,194 )
At 30 September 2024 37,505 29,747 67,252
DEPRECIATION
At 1 October 2023 6,969 25,541 32,510
Charge for year 9,375 1,052 10,427
Eliminated on disposal (5,893 ) - (5,893 )
At 30 September 2024 10,451 26,593 37,044
NET BOOK VALUE
At 30 September 2024 27,054 3,154 30,208
At 30 September 2023 3,225 4,206 7,431

ARTSTATION (REGISTERED NUMBER: 03173958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Taxation and social security - 2,461
Other creditors 51,073 22,411
51,073 24,872

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Other creditors - 45,000

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
200 Ordinary £1 200 200