Company registration number 11211728 (England and Wales)
PIECE GALLERY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PIECE GALLERY LIMITED
COMPANY INFORMATION
Directors
Mr G Fernley
Mrs S Fernley
Company number
11211728
Registered office
1386 London Road
Leigh on Sea
Essex
England
SS9 2UJ
Accountants
Francis James & Partners LLP
1386 London Road
Leigh on Sea
Essex
England
SS9 2UJ
PIECE GALLERY LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3
PIECE GALLERY LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PIECE GALLERY LIMITED FOR THE YEAR ENDED 31 MARCH 2025
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Piece Gallery Limited for the year ended 31 March 2025, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Piece Gallery Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Piece Gallery Limited and state those matters that we have agreed to state to the board of directors of Piece Gallery Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Piece Gallery Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Piece Gallery Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Piece Gallery Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Piece Gallery Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Francis James & Partners LLP
Chartered Accountants
1386 London Road
Leigh on Sea
Essex
SS9 2UJ
England
11 December 2025
PIECE GALLERY LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
2025
2024
£
£
Turnover
86,217
83,322
Other income
66
Cost of raw materials and consumables
(47,700)
(38,354)
Staff costs
(33,840)
(36,568)
Depreciation and other amounts written off assets
(14,111)
(9,885)
Other charges
(29,887)
(50,595)
Loss
(39,255)
(52,080)
PIECE GALLERY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 3 -
2025
2024
£
£
£
£
Fixed assets
82,586
81,428
Current assets
61,488
57,597
Creditors: amounts falling due within one year
(246,910)
(202,606)
Net current liabilities
(185,422)
(145,009)
Total assets less current liabilities
(102,836)
(63,581)
Net liabilities
(102,836)
(63,581)
Capital and reserves
(102,836)
(63,581)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
3
3
Piece Gallery Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1386 London Road, Leigh on Sea, Essex, England, SS9 2UJ.
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have 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'.
The financial statements were approved by the board of directors and authorised for issue on 11 December 2025 and are signed on its behalf by:
Mrs S Fernley
Director
Company registration number 11211728 (England and Wales)