ACCOUNTS - Final Accounts preparation

Registered number: 13053440

ARTNOVA LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


ARTNOVA LTD

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 3


ARTNOVA LTD REGISTERED NUMBER:13053440

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

	2024	2023
Note	£	£




Creditors: amounts falling due within one year	4	(261,463)	(259,999)

Net liabilities		(261,463)	(259,999)

Capital and reserves
Called up share capital	5	1	1
Profit and loss account		(261,464)	(260,000)
		(261,463)	(259,999)

For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 July 2025.

F Jousset

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


ARTNOVA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

ArtNova Ltd is a limited liability company registered in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the Company during the year was the provision of art and foundation services.
The financial statements are presented in £ sterling, which is the functional currency of the Company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

The Company made a loss for the year and at the balance sheet date has net liabilities. The Director has obtained assurance from the shareholder that funds will be made available to the Company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis.

Employees

The average monthly number of employees, including directors, during the year was 1 (2023-1).

4.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Other creditors	259,999	257,119
Accruals and deferred income	1,464	2,880
	261,463	259,999

Page 2


ARTNOVA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1 (2023 - 1) Ordinary share of £1	1	1

Page 3