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REGISTERED NUMBER: 13742564 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

The Art of Perception Ltd

The Art of Perception Ltd (Registered number: 13742564)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Art of Perception Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: Mrs Z M Hicks





REGISTERED OFFICE: 124 City Road
London
EC1V 2 N





REGISTERED NUMBER: 13742564 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

The Art of Perception Ltd (Registered number: 13742564)

Balance Sheet
30 November 2024

30/11/24 30/11/23
Notes £    £   
FIXED ASSETS
Intangible assets 4 7,000 8,000
Tangible assets 5 1,564 2,459
8,564 10,459

CURRENT ASSETS
Debtors 6 1,532 2,447
Cash at bank 19,969 25,339
21,501 27,786
CREDITORS
Amounts falling due within one year 7 (12,870 ) (21,586 )
NET CURRENT ASSETS 8,631 6,200
TOTAL ASSETS LESS CURRENT LIABILITIES 17,195 16,659

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 17,194 16,658
17,195 16,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Art of Perception Ltd (Registered number: 13742564)

Balance Sheet - continued
30 November 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2025 and were signed by:





Mrs Z M Hicks - Director


The Art of Perception Ltd (Registered number: 13742564)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

The Art of Perception Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on cost and 20% on cost

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

Current 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

The Art of Perception Ltd (Registered number: 13742564)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 10,000
AMORTISATION
At 1 December 2023 2,000
Charge for year 1,000
At 30 November 2024 3,000
NET BOOK VALUE
At 30 November 2024 7,000
At 30 November 2023 8,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 4,031
DEPRECIATION
At 1 December 2023 1,572
Charge for year 895
At 30 November 2024 2,467
NET BOOK VALUE
At 30 November 2024 1,564
At 30 November 2023 2,459

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£    £   
Trade debtors 1,532 2,447

The Art of Perception Ltd (Registered number: 13742564)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£    £   
Taxation and social security 802 2,012
Other creditors 12,068 19,574
12,870 21,586