Company registration number 08929177 (England and Wales)
SOUTHAMPTON ARTS ACADEMY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
SOUTHAMPTON ARTS ACADEMY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
675
900
Current assets
70,792
56,824
Prepayments and accrued income
224
2,750
Creditors: amounts falling due within one year
(36,015)
(30,887)
Net current assets
35,001
28,687
Total assets less current liabilities
35,676
29,587
Creditors: amounts falling due after more than one year
(7,340)
(13,017)
Net assets
28,336
16,570
Capital and reserves
28,336
16,570
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

At the balance sheet date M H K Hadisi owed the company £43,843 (2023:£32,864).

2
Financial commitments, guarantees and contingencies

At 31 March 2024 the company was committed to making the following payments under non-cancellable operating leases of £74,250 (2023 - £85,250)

3
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

 

 

2024
2023
Number
Number
Employees
2
2

Southampton Arts Academy Limited is a private company limited by shares incorporated in England and Wales. The registered office is 71C Holly Hill, Bassett, Southampton, Hampshire, SO16 7ES.

 

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

SOUTHAMPTON ARTS ACADEMY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 7 August 2025
Mr M H K Hadisi
Director
Company registration number 08929177 (England and Wales)
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