Lark Arts Ltd - Filleted accounts

Registered number

15072633

Lark Arts Ltd

Filleted Accounts

31 August 2025

Lark Arts Ltd
Registered number:		15072633
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	50,809			7,977
Cash at bank and in hand		46,399			6,502
		97,208			14,479

Creditors: amounts falling due within one year	4	(96,707)			(12,637)

Net current assets			501			1,842

Net assets			501			1,842

Capital and reserves
Called up share capital			1			1
Profit and loss account			500			1,841

Shareholders' funds			501			1,842

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr G McDonald			D J Collinson
Director			Director
Approved by the board on 15 December 2025			Approved by the board on 15 December 2025

Lark Arts Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Going Concern
	The financial statements have been prepared on a going concern basis. The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern for the period of at least 12 months from the date of approval of these financial statements.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	0		0


3	Debtors	2025		2024
£			£

	Trade debtors	15,078		-
	Other debtors	35,731		7,977
		50,809		7,977


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Taxation and social security costs	20,506		432
	Other creditors	76,201		12,205
		96,707		12,637



5	Related party transactions

	During the period, income of £417 (2024: £0) was received by Key Change Limited, a company controlled by G Mcdonald, for a finders fees. At the end of the year, there was no outstanding balance due to the company.


6	Other information

	Lark Arts Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Suite 3a Kings Hall
	St Ives Business Park
	Parson Green
	St Ives
	PE27 4WY