Company Registration No. 10280237 (England and Wales)
The Arcade Framing Gallery Limited
Unaudited accounts
for the period from 1 August 2023 to 31 October 2024
The Arcade Framing Gallery Limited
Unaudited accounts
Contents
The Arcade Framing Gallery Limited
Company Information
for the period from 1 August 2023 to 31 October 2024
Company Number
10280237 (England and Wales)
Registered Office
Unit 10
The Arcade
Newark
NG24 1ud
GB
Accountants
Gray Accounting & Business Solutions
11 Henton Close
Coddington
Newark
Nottinghamshire
Ng24 2TE
The Arcade Framing Gallery Limited
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
5,789
21,774
Creditors: amounts falling due within one year
(5,789)
(11,472)
Net current assets
-
13,760
Profit and loss account
(100)
13,660
Shareholders' funds
-
13,760
For the period 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 3 April 2025 and were signed on its behalf by
Richard Pearson
Director
Company Registration No. 10280237
The Arcade Framing Gallery Limited
Notes to the Accounts
for the period from 1 August 2023 to 31 October 2024
The Arcade Framing Gallery Limited is a private company, limited by shares, registered in England and Wales, registration number 10280237. The registered office is Unit 10, The Arcade, Newark, NG24 1ud, GB. The company is in the process of being wound up.
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 period, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Depreciated over 3 years
Fixtures & fittings
Depreciated over 3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
4,600
5,100
740
10,440
At 31 October 2024
4,600
5,100
740
10,440
At 1 August 2023
4,600
5,100
740
10,440
At 31 October 2024
4,600
5,100
740
10,440
At 31 October 2024
-
-
-
-
Amounts falling due within one year
The Arcade Framing Gallery Limited
Notes to the Accounts
for the period from 1 August 2023 to 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
5,987
Trade creditors
5,789
3,350
Taxes and social security
-
2,013
Loans from directors
-
122
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan due to
122
-
-
122
8
Average number of employees
During the period the average number of employees was 2 (2023: 2).