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REGISTERED NUMBER: 09555882 (England and Wales)















Unaudited Financial Statements

For The Period 28 March 2023 to 25 March 2024

for

Artguard Ltd

Artguard Ltd (Registered number: 09555882)






Contents of the Financial Statements
For The Period 28 March 2023 to 25 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Artguard Ltd

Company Information
For The Period 28 March 2023 to 25 March 2024







DIRECTOR: N J Hartwright





REGISTERED OFFICE: The Factory Project Ltd
4 Thameside Ind Est
Factory Road
London
E16 2HB





REGISTERED NUMBER: 09555882 (England and Wales)





ACCOUNTANTS: Fuller Spurling
Mill House
58 Guildford Street
Chertsey
Surrey
KT16 9BE

Artguard Ltd (Registered number: 09555882)

Balance Sheet
25 March 2024

25.3.24 27.3.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 7,324 9,405

CURRENT ASSETS
Debtors 5 111,485 97,118
Cash at bank 3,636 19,236
115,121 116,354
CREDITORS
Amounts falling due within one year 6 64,488 56,900
NET CURRENT ASSETS 50,633 59,454
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,957

68,859

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 57,956 68,858
57,957 68,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 25 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 25 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 April 2025 and were signed by:





N J Hartwright - Director


Artguard Ltd (Registered number: 09555882)

Notes to the Financial Statements
For The Period 28 March 2023 to 25 March 2024

1. STATUTORY INFORMATION

Artguard Ltd 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 represents rentals income and is measured at the fair value of the consideration received or receivable for the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 50% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Office equipment - 25% on cost

Taxation
Taxation represents the sum of tax currently payable, and deferred tax if material.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors
Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

Artguard Ltd (Registered number: 09555882)

Notes to the Financial Statements - continued
For The Period 28 March 2023 to 25 March 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Office
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 28 March 2023 52,606 12,772 9,500 1,468 76,346
Additions - - - 1,699 1,699
At 25 March 2024 52,606 12,772 9,500 3,167 78,045
DEPRECIATION
At 28 March 2023 52,606 10,492 2,375 1,468 66,941
Charge for period - 1,140 2,375 265 3,780
At 25 March 2024 52,606 11,632 4,750 1,733 70,721
NET BOOK VALUE
At 25 March 2024 - 1,140 4,750 1,434 7,324
At 27 March 2023 - 2,280 7,125 - 9,405

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.3.24 27.3.23
£    £   
Trade debtors 895 5,403
Other debtors 81,663 63,349
Directors' current accounts 28,927 28,366
111,485 97,118

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.3.24 27.3.23
£    £   
Trade creditors 258 491
Corporation tax 55,417 43,996
Other creditors - 6,275
Accruals & Deferred Income 8,813 6,138
64,488 56,900

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 25 March 2024 and the year ended 27 March 2023:

25.3.24 27.3.23
£    £   
N J Hartwright
Balance outstanding at start of period 7,073 53,245
Amounts advanced 5,000 7,073
Amounts repaid (7,073 ) (53,245 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 5,000 7,073

Artguard Ltd (Registered number: 09555882)

Notes to the Financial Statements - continued
For The Period 28 March 2023 to 25 March 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

M Tutt
Balance outstanding at start of period 21,293 24,178
Amounts advanced 32,634 21,293
Amounts repaid (30,000 ) (24,178 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 23,927 21,293