1 October 2023 false No description of principal activity Taxfiler 2024.6 10964764 business:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10964764 2023-09-30 10964764 2023-10-01 2024-09-30 10964764 business:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10964764 business:FilletedAccounts 2023-10-01 2024-09-30 10964764 2024-09-30 10964764 2023-09-30 10964764 core:WithinOneYear 2024-09-30 10964764 core:WithinOneYear 2023-09-30 10964764 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-09-30 10964764 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-09-30 10964764 core:PreviouslyStatedAmount 2024-09-30 10964764 core:PreviouslyStatedAmount 2023-09-30 10964764 business:SmallEntities 2023-10-01 2024-09-30 10964764 business:Director1 2023-10-01 2024-09-30 10964764 countries:EnglandWales 2023-10-01 2024-09-30 10964764 business:RegisteredOffice 2023-10-01 2024-09-30 10964764 core:ComputerEquipment 2023-10-01 2024-09-30 10964764 core:ComputerEquipment 2023-09-30 10964764 core:ComputerEquipment 2024-09-30 10964764 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure
Tom Rooth Fine Art Ltd Statement of financial position as at 30 September 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
996
1,214
Current assets
Inventories
83,360
84,176
Debtors
5
1,462
995
Cash at bank and in hand
9,814
31,278
94,636
116,449
Creditors: amounts falling due within one year
6
(143,179)
(134,888)
Net current liabilities
(48,543)
(18,439)
Net liabilities
(47,547)
(17,225)
Capital and reserves
Profit and loss account
(47,547)
(17,225)
Shareholders' funds
(47,547)
(17,225)
For the year ending 30 September 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 his 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 18 June 2025 and were signed on its behalf by
Thomas Rooth Director Company Registration No. 10964764
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Tom Rooth Fine Art Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Tom Rooth Fine Art Ltd is a private company, limited by shares, registered in England and Wales, registration number 10964764. The registered office is C K's Supermarkets, Rhoshendre, Waunfawr, Aberystwyth, Dyfed, SY23 3QH, Wales.
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
These financial statements for the year ended 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
18%
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 October 2023
2,621
At 30 September 2024
2,621
Depreciation
At 1 October 2023
1,407
Charge for the year
218
At 30 September 2024
1,625
Net book value
At 30 September 2024
996
At 30 September 2023
1,214
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Tom Rooth Fine Art Ltd Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
467
-
Accrued income and prepayments
995
995
1,462
995
6
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
141,979
133,375
Accruals
1,200
1,513
143,179
134,888
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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