Company Registration No. 9244396 (England and Wales)
Katie Allen Fine Art Ltd
Unaudited accounts
for the year ended 31 October 2024
Katie Allen Fine Art Ltd
Unaudited accounts
Contents
Katie Allen Fine Art Ltd
Company Information
for the year ended 31 October 2024
Company Number
9244396 (England and Wales)
Registered Office
18 Catherine St
Swansea
SA1 4JT
Katie Allen Fine Art Ltd
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
50,859
36,838
Creditors: amounts falling due within one year
(14,702)
(5,176)
Net current assets
61,333
54,048
Called up share capital
10
10
Profit and loss account
61,323
54,038
Shareholders' funds
61,333
54,048
For the year ending 31 October 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 director acknowledges her 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 and authorised for issue on 6 June 2025 and were signed on its behalf by
K Allen
Director
Company Registration No. 9244396
Katie Allen Fine Art Ltd
Notes to the Accounts
for the year ended 31 October 2024
Katie Allen Fine Art Ltd is a private company, limited by shares, registered in England and Wales, registration number 9244396. The registered office is 18 Catherine St, Swansea, SA1 4JT.
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.
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
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
25,000
20,000
Accrued income and prepayments
176
176
Katie Allen Fine Art Ltd
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,322
3,572
Loans from directors
9,630
854
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).