Association of Women in the Arts Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10698436

Association of Women in the Arts

Company Limited by Guarantee

Filleted Unaudited Financial Statements

For the year ended

31 March 2025

Association of Women in the Arts

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Current assets

Debtors	6	3,218	–
Cash at bank and in hand		23,933	17,746
		--------	--------
		27,151	17,746

Creditors: amounts falling due within one year	7	23,568	24,544
		--------	--------
Net current assets/(liabilities)		3,583	( 6,798)
		-------	-------
Total assets less current liabilities		3,583	( 6,798)
		-------	-------
Net assets/(liabilities)		3,583	( 6,798)
		-------	-------

Capital and reserves

Profit and loss account	3,583	( 6,798)
	-------	-------
Members funds/(deficit)	3,583	( 6,798)
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- 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 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

S A Kirk
Director

Company registration number: 10698436

Association of Women in the Arts

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Hyde House, The Hyde, Edgware Road, London, NW9 6LA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for subscriptions.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Company limited by guarantee

The company is limited by guarantee and does not have a share capital. Each member of the company guarantees an amount not exceeding £1 the event of a deficiency of assets on the liquidation of the company.

5. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 2 ).

6. Debtors

	2025	2024
	£	£
Other debtors	3,218	–
	-------	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	2,070	2,354
Social security and other taxes	13,248	–
Other creditors	8,250	22,190
	--------	--------
	23,568	24,544
	--------	--------

8. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
S A Kirk	( 20,690)	20,000	( 690)
	--------	--------	----

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
S A Kirk	( 690)	( 20,000)	( 20,690)
	----	--------	--------