Company Registration No. 10287093 (England and Wales)
ARTSHED ARTS LIMITED
Unaudited accounts
for the year ended 31 August 2024
ARTSHED ARTS LIMITED
Unaudited accounts
Contents
ARTSHED ARTS LIMITED
Company Information
for the year ended 31 August 2024
Directors
Deborah Mason
Carol Wenham
Company Number
10287093 (England and Wales)
Registered Office
C/O Project H Accountants
Beadle House
16 Bull Plain
Hertford
Hertfordshire
SG14 1DT
England
Accountants
Project H Limited Accountants
Beadle House
Bull Plain
Hertford
Hertfordshire
SG14 1DT
ARTSHED ARTS LIMITED
Statement of financial position
as at 31 August 2024
Intangible assets
2,000
3,145
Tangible assets
2,713
3,066
Cash at bank and in hand
8,475
10,947
Creditors: amounts falling due within one year
(15,787)
(16,702)
Net current assets
5,604
9,425
Total assets less current liabilities
10,317
15,636
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
9,733
14,806
Shareholders' funds
9,735
14,808
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by
Deborah Mason
Director
Company Registration No. 10287093
ARTSHED ARTS LIMITED
Notes to the Accounts
for the year ended 31 August 2024
ARTSHED ARTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10287093. The registered office is C/O Project H Accountants, Beadle House, 16 Bull Plain, Hertford, Hertfordshire, SG14 1DT, England.
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 year, 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
20% straight line
Fixtures & fittings
33% straight line
4
Intangible fixed assets
Other
At 1 September 2023
16,300
At 1 September 2023
13,155
ARTSHED ARTS LIMITED
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
15,413
14,249
29,662
At 31 August 2024
17,117
14,249
31,366
At 1 September 2023
13,218
13,378
26,596
Charge for the year
1,186
871
2,057
At 31 August 2024
14,404
14,249
28,653
At 31 August 2024
2,713
-
2,713
At 31 August 2023
2,195
871
3,066
Amounts falling due within one year
Accrued income and prepayments
1,969
736
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,123
1,450
Other creditors
6,087
6,088
Loans from directors
4,958
4,883
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).