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REGISTERED NUMBER: 10783676 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

Sculpture Ltd

Sculpture Ltd (Registered number: 10783676)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sculpture Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: M Whitman





SECRETARY: Mrs H Whitman-Allen





REGISTERED OFFICE: Kingsbury House
468 Church Lane
London
NW9 8UA





REGISTERED NUMBER: 10783676 (England and Wales)





ACCOUNTANTS: Duboff & Co
Kingsbury House
468 Church Lane
London
NW9 8UA

Sculpture Ltd (Registered number: 10783676)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,414 23,101

CURRENT ASSETS
Stocks 5 461,218 -
Debtors 6 16,974 82,620
Cash at bank 21,384 203,405
499,576 286,025
CREDITORS
Amounts falling due within one year 7 351,520 69,746
NET CURRENT ASSETS 148,056 216,279
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,470

239,380

CREDITORS
Amounts falling due after more than one
year

8

8,696

12,658
NET ASSETS 156,774 226,722

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 156,773 226,721
SHAREHOLDERS' FUNDS 156,774 226,722

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

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

Sculpture Ltd (Registered number: 10783676)

Balance Sheet - continued
31 May 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 director and authorised for issue on 31 May 2025 and were signed by:





M Whitman - Director


Sculpture Ltd (Registered number: 10783676)

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

1. STATUTORY INFORMATION

Sculpture 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 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 - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 30,161 6,129 36,290
Additions - 119 119
At 31 May 2024 30,161 6,248 36,409
DEPRECIATION
At 1 June 2023 10,736 2,453 13,189
Charge for year 4,857 949 5,806
At 31 May 2024 15,593 3,402 18,995
NET BOOK VALUE
At 31 May 2024 14,568 2,846 17,414
At 31 May 2023 19,425 3,676 23,101

Sculpture Ltd (Registered number: 10783676)

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

5. STOCKS
2024 2023
£    £   
Stock of vehicles 17,000 -
Stock of property 444,218 -
461,218 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts - 80,891
Corporation tax 14,765 -
Social security costs 816 -
VAT 1,393 1,729
16,974 82,620

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax liability - 68,246
Directors' current accounts 348,220 -
Accruals and deferred income 3,300 1,500
351,520 69,746

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bounce back loan 8,696 12,658

9. CALLED UP SHARE CAPITAL


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

10. RESERVES
Retained
earnings
£   

At 1 June 2023 226,721
Deficit for the year (69,948 )
At 31 May 2024 156,773