County Hall Pottery Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 15497579 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 FEBRUARY 2024 TO 31 DECEMBER 2024

FOR

COUNTY HALL POTTERY LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

DIRECTORS:

A J Medway

D S Nugent

Ms E L Payne

REGISTERED OFFICE:

Riverside Building County Hall

Westminster Bridge Road

London

SE1 7PB

REGISTERED NUMBER:

15497579 (England and Wales)

AUDITORS:

Johnsons Chartered Accountants

Statutory Auditor

1-2 Craven Road

Ealing

London

W5 2UA

FIXED ASSETS

Tangible assets

4

133,635

CURRENT ASSETS

Debtors

5

7,735

Cash at bank

34,041

41,776

CREDITORS

Amounts falling due within one year

6

(86,452

)

NET CURRENT LIABILITIES

(44,676

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

88,959

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

8

88,958

SHAREHOLDERS' FUNDS

88,959

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 30 September 2025 and were signed on its behalf by:

D S Nugent - Director

1.	STATUTORY INFORMATION

County Hall Pottery 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.

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 to write off the cost of tangible fixed assets over their estimated useful lives, on a straight-line basis, so as to allocate the cost evenly over their expected useful life. The principal annual rates

Description

Useful life

Method

Gallery equipment

3 years

Straight line

Studio equipment

3 years

Straight line

Tearoom equipment

3 years

Straight line

Furniture and fittings

5 years

Straight line

TAXATION

Taxation for the period 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 period 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.

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 period was 6 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Gallery

Studio

and

Tea room

equipment

fittings

equipment

Totals

£

COST

Additions

1,997

17,592

116,954

12,867

149,410

At 31 December 2024

1,997

17,592

116,954

12,867

149,410

DEPRECIATION

Charge for period

250

3,413

11,532

580

15,775

At 31 December 2024

250

3,413

11,532

580

15,775

NET BOOK VALUE

At 31 December 2024

1,747

14,179

105,422

12,287

133,635

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

550

Other debtors

7,185

7,735

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

15,244

Taxation and social security

12,927

Other creditors

58,281

86,452

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

1

8.

RESERVES

Retained

earnings

£

Profit for the period

88,958

At 31 December 2024

88,958

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the auditors was unqualified.

J Stuart Thomson MA CA FCT ATT MCSI (Senior Statutory Auditor)

for and on behalf of Johnsons Chartered Accountants

10.	COMMITMENT AND CONTINGENCIES

Based on the information available and management's assessment, the company does not have any contingent liabilities as of the end of the reporting period. Therefore, no provisions have been recognised in these financial statements.

The directors confirm that as of the end of the reporting period, the company has no capital commitments or

other significant commitments that require disclosure under FRS102.

11.	SUBSEQUENT EVENT

There are no material post balance sheet events that have an impact on the entity.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is County Hall Arts a charity in England and Wales (Charity No. 1169698 ) with its registered office at Riverside Building, County Hall, Westminster Bridge Road, London, SE1 7PB, United Kingdom.

County Hall Arts owns 100% of the issued share capital of County Hall Pottery Ltd and, through its shareholding, has the ability to direct the financial and operating policies of the company.

Accordingly, County Hall Arts is regarded by the directors as the ultimate controlling party of the company. There is no individual or other entity that exercises control over the company.