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Registered number: 09765306
The Art House (Eastbourne) Limited
Financial Statements
For The Year Ended 31 January 2025
Affinity Associates (AU) Limited
Suite A, First Floor, Building 1
Eurogate Business Park, Trinity Road
Ashford
Kent
TN24 8XW
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 09765306
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,815 17,573
15,815 17,573
CURRENT ASSETS
Stocks 5 9,450 9,750
Debtors 6 4,500 4,500
Cash at bank and in hand 4,276 5,814
18,226 20,064
Creditors: Amounts Falling Due Within One Year 7 (92,021 ) (89,916 )
NET CURRENT ASSETS (LIABILITIES) (73,795 ) (69,852 )
TOTAL ASSETS LESS CURRENT LIABILITIES (57,980 ) (52,279 )
NET LIABILITIES (57,980 ) (52,279 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement (58,080 ) (52,379 )
SHAREHOLDERS' FUNDS (57,980) (52,279)
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Ms L S Hancock
Director
10 September 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Art House (Eastbourne) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09765306 . The registered office is 34 Grove Road, Eastbourne, BN21 4TR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Straight line basis
Fixtures & Fittings 10% Reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 February 2024 37,976
As at 31 January 2025 37,976
Depreciation
As at 1 February 2024 20,403
Provided during the period 1,758
As at 31 January 2025 22,161
Net Book Value
As at 31 January 2025 15,815
As at 1 February 2024 17,573
5. Stocks
2025 2024
£ £
Stock 9,450 9,750
Page 3
Page 4
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 4,500 4,500
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 79,824 86,810
Taxation and social security 12,197 3,106
92,021 89,916
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4