Company registration number 10952667 (England and Wales)
ARTEM CONSULTANCY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
ARTEM CONSULTANCY LIMITED
COMPANY INFORMATION
Director
Mr J H Bell
Company number
10952667
Registered office
The Courtyard
High Street
Ascot
Berkshire
SL5 7HP
Accountants
Kirk Rice LLP
Victoria House
178-180 Fleet Road
Fleet
Hampshire
GU51 4DA
ARTEM CONSULTANCY LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
ARTEM CONSULTANCY LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ARTEM CONSULTANCY LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Artem Consultancy Limited for the year ended 30 September 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Artem Consultancy Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Artem Consultancy Limited and state those matters that we have agreed to state to the Board of Directors of Artem Consultancy Limited, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Artem Consultancy Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Artem Consultancy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Artem Consultancy Limited. You consider that Artem Consultancy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Artem Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kirk Rice LLP
13 June 2025
Victoria House
178-180 Fleet Road
Fleet
Hampshire
GU51 4DA
ARTEM CONSULTANCY LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 2 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
5
-
0
2,544
Cash at bank and in hand
77
53
77
2,597
Creditors: amounts falling due within one year
6
(9,296)
(9,808)
Net current liabilities
(9,219)
(7,211)
Creditors: amounts falling due after more than one year
7
(9,769)
(9,583)
Net liabilities
(18,988)
(16,794)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(19,088)
(16,894)
Total equity
(18,988)
(16,794)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 13 June 2025
Mr J H Bell
Director
Company registration number 10952667 (England and Wales)
ARTEM CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
1
Accounting policies
Company information

Artem Consultancy Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Courtyard, High Street, Ascot, Berkshire, SL5 7HP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
33.33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the financial instrument.

Debtors

Debtors do not carry interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Creditors

Creditors are not interest bearing and are included at their nominal value.

ARTEM CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
4
Tangible fixed assets
Computers
£
Cost
At 1 October 2023 and 30 September 2024
350
Depreciation and impairment
At 1 October 2023 and 30 September 2024
350
Carrying amount
At 30 September 2024
-
0
At 30 September 2023
-
0
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
-
0
2,544
ARTEM CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 5 -
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
5,000
5,000
Trade creditors
185
-
0
Other creditors
4,111
4,808
9,296
9,808
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
9,769
9,583
2024-09-302023-10-01falsefalsefalse13 June 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr J H Bell109526672023-10-012024-09-3010952667bus:Director12023-10-012024-09-3010952667bus:RegisteredOffice2023-10-012024-09-30109526672024-09-30109526672023-09-3010952667core:CurrentFinancialInstrumentscore:WithinOneYear2024-09-3010952667core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3010952667core:Non-currentFinancialInstrumentscore:AfterOneYear2024-09-3010952667core:Non-currentFinancialInstrumentscore:AfterOneYear2023-09-3010952667core:CurrentFinancialInstruments2024-09-3010952667core:CurrentFinancialInstruments2023-09-3010952667core:ShareCapital2024-09-3010952667core:ShareCapital2023-09-3010952667core:RetainedEarningsAccumulatedLosses2024-09-3010952667core:RetainedEarningsAccumulatedLosses2023-09-3010952667core:ComputerEquipment2023-10-012024-09-30109526672022-10-012023-09-3010952667core:ComputerEquipment2023-09-3010952667core:ComputerEquipment2024-09-3010952667core:ComputerEquipment2023-09-3010952667core:WithinOneYear2024-09-3010952667core:WithinOneYear2023-09-3010952667core:Non-currentFinancialInstruments2024-09-3010952667core:Non-currentFinancialInstruments2023-09-3010952667bus:PrivateLimitedCompanyLtd2023-10-012024-09-3010952667bus:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010952667bus:FRS1022023-10-012024-09-3010952667bus:AuditExemptWithAccountantsReport2023-10-012024-09-3010952667bus:FullAccounts2023-10-012024-09-30xbrli:purexbrli:sharesiso4217:GBP