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REGISTERED NUMBER: 14301175 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

ART OF INSTALLATION LIMITED

ART OF INSTALLATION LIMITED (Registered number: 14301175)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ART OF INSTALLATION LIMITED

Company Information
for the Year Ended 31 August 2024







DIRECTORS: A E Hanmore
Miss L J Jenkins





REGISTERED OFFICE: 4 Wall Mews
Colchester
CO2 9GP





REGISTERED NUMBER: 14301175 (England and Wales)





ACCOUNTANTS: Millennium Professional Services (UK) Ltd
Lotus House
227 Preston Road
Wembley
Middlesex
HA9 8NF

ART OF INSTALLATION LIMITED (Registered number: 14301175)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 36,970 43,590

CURRENT ASSETS
Cash at bank 7,055 5,149

CREDITORS
Amounts falling due within one year 5 10,446 6,946
NET CURRENT LIABILITIES (3,391 ) (1,797 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,579

41,793

CREDITORS
Amounts falling due after more than
one year

6

31,324

38,611
NET ASSETS 2,255 3,182

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,155 3,082
SHAREHOLDERS' FUNDS 7 2,255 3,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

ART OF INSTALLATION LIMITED (Registered number: 14301175)

Balance Sheet - continued
31 August 2024


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 Board of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by:





A E Hanmore - Director


ART OF INSTALLATION LIMITED (Registered number: 14301175)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

ART OF INSTALLATION LIMITED 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.
Plant and machinery etc - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

ART OF INSTALLATION LIMITED (Registered number: 14301175)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 51,468
DEPRECIATION
At 1 September 2023 7,878
Charge for year 6,620
At 31 August 2024 14,498
NET BOOK VALUE
At 31 August 2024 36,970
At 31 August 2023 43,590

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Taxation and social security 5,720 2,446
Other creditors 4,726 4,500
10,446 6,946

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 12,576 16,221
Hire purchase contracts 18,748 22,390
31,324 38,611

ART OF INSTALLATION LIMITED (Registered number: 14301175)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
31.8.24 31.8.23
£    £   
Profit for the financial year 3,073 43,082
Dividends (4,000 ) (40,000 )
New share capital subscribed - 100
Net (reduction)/addition to shareholders' funds (927 ) 3,182
Opening shareholders' funds 3,182 -
Closing shareholders' funds 2,255 3,182