IRIS Accounts Production v25.1.4.42 00474743 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh004747432023-10-31004747432024-10-31004747432023-11-012024-10-31004747432022-10-31004747432022-11-012023-10-31004747432023-10-3100474743ns15:EnglandWales2023-11-012024-10-3100474743ns14:PoundSterling2023-11-012024-10-3100474743ns10:Director12023-11-012024-10-3100474743ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3100474743ns10:SmallEntities2023-11-012024-10-3100474743ns10:AuditExemptWithAccountantsReport2023-11-012024-10-3100474743ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3100474743ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3100474743ns10:FullAccounts2023-11-012024-10-3100474743ns10:Director22023-11-012024-10-3100474743ns10:Director32023-11-012024-10-3100474743ns10:CompanySecretary12023-11-012024-10-3100474743ns10:RegisteredOffice2023-11-012024-10-3100474743ns5:CurrentFinancialInstruments2024-10-3100474743ns5:CurrentFinancialInstruments2023-10-3100474743ns5:ShareCapital2024-10-3100474743ns5:ShareCapital2023-10-3100474743ns5:RetainedEarningsAccumulatedLosses2024-10-3100474743ns5:RetainedEarningsAccumulatedLosses2023-10-3100474743ns5:PlantMachinery2023-11-012024-10-3100474743ns5:FurnitureFittings2023-11-012024-10-3100474743ns5:MotorVehicles2023-11-012024-10-3100474743ns5:ComputerEquipment2023-11-012024-10-3100474743ns5:LeaseholdImprovements2023-10-3100474743ns5:PlantMachinery2023-10-3100474743ns5:FurnitureFittings2023-10-3100474743ns5:LeaseholdImprovements2023-11-012024-10-3100474743ns5:LeaseholdImprovements2024-10-3100474743ns5:PlantMachinery2024-10-3100474743ns5:FurnitureFittings2024-10-3100474743ns5:LeaseholdImprovements2023-10-3100474743ns5:PlantMachinery2023-10-3100474743ns5:FurnitureFittings2023-10-3100474743ns5:MotorVehicles2023-10-3100474743ns5:ComputerEquipment2023-10-3100474743ns5:MotorVehicles2024-10-3100474743ns5:ComputerEquipment2024-10-3100474743ns5:MotorVehicles2023-10-3100474743ns5:ComputerEquipment2023-10-3100474743ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3100474743ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 00474743 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Artistic Upholstery Limited

Artistic Upholstery Limited (Registered number: 00474743)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Artistic Upholstery Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: J C Mitchell
I A Mitchell
A J Mitchell





SECRETARY: A J Mitchell





REGISTERED OFFICE: Bridge Street
Long Eaton
Nottingham
NG10 4QQ





REGISTERED NUMBER: 00474743 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Alexandra House
43 Alexandra St
Nottingham
Nottinghamshire
NG5 1AY

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Artistic Upholstery Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Artistic Upholstery Limited for the year ended 31 October 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Artistic Upholstery Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Artistic Upholstery Limited and state those matters that we have agreed to state to the Board of Directors of Artistic Upholstery Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Artistic Upholstery Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Artistic Upholstery 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 Artistic Upholstery Limited. You consider that Artistic Upholstery 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 Artistic Upholstery 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.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Alexandra House
43 Alexandra St
Nottingham
Nottinghamshire
NG5 1AY


21 July 2025

Artistic Upholstery Limited (Registered number: 00474743)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 129,032 95,436

CURRENT ASSETS
Stocks 151,802 152,700
Debtors 5 195,542 222,170
Cash at bank and in hand 39,336 159,149
386,680 534,019
CREDITORS
Amounts falling due within one year 6 109,380 200,115
NET CURRENT ASSETS 277,300 333,904
TOTAL ASSETS LESS CURRENT
LIABILITIES

406,332

429,340

PROVISIONS FOR LIABILITIES 7,237 11,193
NET ASSETS 399,095 418,147

CAPITAL AND RESERVES
Called up share capital 4,010 4,010
Retained earnings 395,085 414,137
399,095 418,147

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by:





A J Mitchell - Director


Artistic Upholstery Limited (Registered number: 00474743)

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

1. STATUTORY INFORMATION

Artistic Upholstery Limited 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 15 ) .

Artistic Upholstery Limited (Registered number: 00474743)

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2023 28,728 98,778 85,368
Additions - 333 10,877
Disposals - - -
At 31 October 2024 28,728 99,111 96,245
DEPRECIATION
At 1 November 2023 - 62,425 58,972
Charge for year - 5,457 5,165
Eliminated on disposal - - -
At 31 October 2024 - 67,882 64,137
NET BOOK VALUE
At 31 October 2024 28,728 31,229 32,108
At 31 October 2023 28,728 36,353 26,396

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023 25,495 11,687 250,056
Additions 41,590 - 52,800
Disposals (5,740 ) (1,818 ) (7,558 )
At 31 October 2024 61,345 9,869 295,298
DEPRECIATION
At 1 November 2023 23,079 10,144 154,620
Charge for year 6,104 413 17,139
Eliminated on disposal (3,676 ) (1,817 ) (5,493 )
At 31 October 2024 25,507 8,740 166,266
NET BOOK VALUE
At 31 October 2024 35,838 1,129 129,032
At 31 October 2023 2,416 1,543 95,436

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 81,682 111,950
Amounts owed by group undertakings 104,015 92,637
Other debtors 9,845 17,583
195,542 222,170

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 60,081 135,045
Taxation and social security 11,942 13,108
Other creditors 37,357 51,962
109,380 200,115