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Company Registration No. 07396252 (England and Wales)
Altamira Art & Design Ltd Unaudited accounts for the year ended 31 October 2024
Altamira Art & Design Ltd Unaudited accounts Contents
Page
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Altamira Art & Design Ltd Company Information for the year ended 31 October 2024
Directors
Mohammad Shamsur Rahman Afazur Rahman Mohammed Shochall Salique
Secretary
Mr Mohammad Shamsur Rahman
Company Number
07396252 (England and Wales)
Registered Office
132 Eric Street LONDON E3 4SS
Accountants
Elisabeth Lobb 19 Brougham Lane Pease Pottage West Sussex RH11 9GP
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Altamira Art & Design Ltd Accountants' report
Accountants' report to the board of directors of Altamira Art & Design Ltd on the preparation of the unaudited statutory accounts for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Altamira Art & Design Ltd for the year ended 31 October 2024 as set out on pages 5 - 6 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 Altamira Art & Design Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Altamira Art & Design Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Altamira Art & Design Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Altamira Art & Design Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Altamira Art & Design Ltd. You consider that Altamira Art & Design Ltd 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 accounts of Altamira Art & Design Ltd. 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 accounts.
Elisabeth Lobb 19 Brougham Lane Pease Pottage West Sussex RH11 9GP 29 November 2024
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Altamira Art & Design Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,782 
13,954 
Investments
104,296 
102,600 
129,078 
116,554 
Current assets
Debtors
226,559 
239,554 
Cash at bank and in hand
103,709 
119,103 
330,268 
358,657 
Creditors: amounts falling due within one year
(136,775)
(122,007)
Net current assets
193,493 
236,650 
Total assets less current liabilities
322,571 
353,204 
Creditors: amounts falling due after more than one year
- 
(35,064)
Net assets
322,571 
318,140 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
322,471 
318,040 
Shareholders' funds
322,571 
318,140 
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 29 November 2024 and were signed on its behalf by
Afazur Rahman Director Company Registration No. 07396252
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Altamira Art & Design Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Altamira Art & Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 07396252. The registered office is 132 Eric Street, LONDON, E3 4SS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015)
Presentation currency
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
10%
Fixtures & fittings
20%
Computer equipment
33%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2023
30,702 
Additions
24,548 
Disposals
(1,755)
At 31 October 2024
53,495 
Depreciation
At 1 November 2023
16,748 
Charge for the year
13,720 
On disposals
(1,755)
At 31 October 2024
28,713 
Net book value
At 31 October 2024
24,782 
At 31 October 2023
13,954 
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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