Asgard Arts Ltd 07426474 Online art works sales false 6 April 2024 07426474 2024-04-06 2025-04-05 07426474 2024-04-05 07426474 2025-04-05 07426474 2023-04-06 2024-04-05 07426474 2023-04-05 07426474 2024-04-05 07426474 frs102-bus:FRS102 2024-04-06 2025-04-05 07426474 frs102-bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 07426474 frs102-bus:FullAccounts 2024-04-06 2025-04-05 07426474 frs102-bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 07426474 frs102-core:CurrentFinancialInstruments 2025-04-05 07426474 frs102-core:CurrentFinancialInstruments 2024-04-05 07426474 frs102-core:ShareCapital 2025-04-05 07426474 frs102-core:ShareCapital 2024-04-05 07426474 frs102-core:RetainedEarningsAccumulatedLosses 2025-04-05 07426474 frs102-core:RetainedEarningsAccumulatedLosses 2024-04-05 07426474 frs102-bus:Director1 2024-04-06 2025-04-05 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
07426474
Asgard Arts Ltd
Unaudited Accounts
for the year ended
5 April 2025
Asgard Arts Ltd
Balance Sheet
as at 5 April 2025
Notes
2025
£
2024
£
Current assets
Debtors 4 26,132 11,503
Cash at bank and in hand 1,219 2,627
27,351 14,130
Creditors: amounts falling due within one year 5 (23,949) (12,819)
Net current assets / (liabilities) 3,402 1,311
Total assets less current liabilities 3,402 1,311
Provisions for liabilities (0) (0)
Accruals and deferred income (2,315) (0)
Total net assets (liabilities) 1,087 1,311
Capital and reserves
Called up share capital 2 2
Profit and loss account 1,085 1,309
Shareholders' funds 1,087 1,311

Asgard Arts Ltd
Balance Sheet
as at 5 April 2025



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 5 April 2025 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr R Hamilton

Director


Approved by the board on 8 April 2005

Company Number: 07426474 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

47 Churchill Close
Flackwell Heath
High Wycombe
HP10 9LA
England

Asgard Arts Ltd
Notes to the Accounts
for the year ended 5 April 2025

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
2. Taxation
2025 2024
£ £
UK Corporation Tax 6,281 2,449
Tax on profit/(loss) on ordinary activities 6,281 2,449

3. Employees
2025 2024
Average number of employees during the period 1 1

4. Debtors
2025 2024
£ £
Other debtors 26,132 11,503
26,132 11,503

5. Creditors: amounts falling due within one year
2025 2024
£ £
Taxation & social security 23,949 10,884
Other creditors 0 1,935
23,949 12,819

6. Dividends
2025 2024
£ £
Total dividend payment 27,000 16,000