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Company Registration No. 13559021 (England and Wales)
Art Connect Ltd Unaudited accounts for the year ended 31 August 2025
Art Connect Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Art Connect Ltd Company Information for the year ended 31 August 2025
Director
ARTEM KRAVCHENKO
Company Number
13559021 (England and Wales)
Registered Office
ART CONNECT 1 St. John's Terrace London SW15 3PR England
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Art Connect Ltd Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,073 
3,008 
Current assets
Debtors
5
68,777 
65,072 
Cash at bank and in hand
48,220 
1,896 
116,997 
66,968 
Creditors: amounts falling due within one year
6
(109,104)
(60,252)
Net current assets
7,893 
6,716 
Net assets
10,966 
9,724 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
10,866 
9,624 
Shareholders' funds
10,966 
9,724 
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 May 2026 and were signed on its behalf by
ARTEM KRAVCHENKO Director Company Registration No. 13559021
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Art Connect Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Art Connect Ltd is a private company, limited by shares, registered in England and Wales, registration number 13559021. The registered office is ART CONNECT, 1 St. John's Terrace, London, SW15 3PR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33.33%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2024
1,008 
2,000 
3,008 
Additions
1,190 
- 
1,190 
At 31 August 2025
2,198 
2,000 
4,198 
Depreciation
Charge for the year
625 
500 
1,125 
At 31 August 2025
625 
500 
1,125 
Net book value
At 31 August 2025
1,573 
1,500 
3,073 
At 31 August 2024
1,008 
2,000 
3,008 
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Art Connect Ltd Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
2 
- 
Trade debtors
13,490 
18,326 
Accrued income and prepayments
- 
3,295 
Other debtors
975 
43,451 
14,467 
65,072 
Amounts falling due after more than one year
Trade debtors
13,490 
- 
Other debtors
40,820 
- 
54,310 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
19,525 
2,229 
VAT
- 
5,369 
Trade creditors
78,517 
48,755 
Taxes and social security
6,662 
3,526 
Other creditors
4,400 
373 
109,104 
60,252 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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