REGISTERED NUMBER: 06848032 (England and Wales)

ARTSERMON LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,003,472

977,802

Investment property

5

897,500

-

1,900,972

977,802

CURRENT ASSETS

Stocks

524,502

-

Debtors

6

685,550

1,304,389

Cash at bank

323,513

271,793

1,533,565

1,576,182

CREDITORS

Amounts falling due within one year

7

911,555

500,286

NET CURRENT ASSETS

622,010

1,075,896

TOTAL ASSETS LESS CURRENT LIABILITIES

2,522,982

2,053,698

CREDITORS

Amounts falling due after more than one year

8

(1,244,514

)

(903,979

)

PROVISIONS FOR LIABILITIES

(11,518

)

(7,957

)

NET ASSETS

1,266,950

1,141,762

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,265,950

1,140,762

SHAREHOLDERS' FUNDS

1,266,950

1,141,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2026 and were signed by:

Mr K S Khinda - Director

1.	STATUTORY INFORMATION

Artsermon Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06848032

Registered office:

28 Banbury Heath

Great Denham

Bedfordshire

MK40 4TR

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern

The director has a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Changes in accounting estimate

During the year, the company revised the depreciation rate applied to long leasehold assets from depreciation over the lease term to 10% per annum on cost. The change has been applied prospectively from the current year.

Turnover

Turnover represents the provision of domiciliary services during the period. It excludes discounts, rebates value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Long leasehold

-

10% on cost

Improvements to property

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2025 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Improvemen

Freehold

Long

to

property

leasehold

property

£

£

£

COST

At 1 April 2025

757,847

53,428

62,531

Additions

-

-

-

Disposals

-

-

-

At 31 March 2026

757,847

53,428

62,531

DEPRECIATION

At 1 April 2025

18,954

42,738

13,728

Charge for year

7,579

5,342

6,254

Eliminated on disposal

-

-

-

At 31 March 2026

26,533

48,080

19,982

NET BOOK VALUE

At 31 March 2026

731,314

5,348

42,549

At 31 March 2025

738,893

10,690

48,803

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

68,791

184,857

39,299

1,166,753

Additions

4,129

85,862

27,396

117,387

Disposals

-

(12,000

)

-

(12,000

)

At 31 March 2026

72,920

258,719

66,695

1,272,140

DEPRECIATION

At 1 April 2025

48,626

30,202

34,703

188,951

Charge for year

5,388

55,217

4,625

84,405

Eliminated on disposal

-

(4,688

)

-

(4,688

)

At 31 March 2026

54,014

80,731

39,328

268,668

NET BOOK VALUE

At 31 March 2026

18,906

177,988

27,367

1,003,472

At 31 March 2025

20,165

154,655

4,596

977,802

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

At 1 April 2025

172,857

Additions

85,862

At 31 March 2026

258,719

DEPRECIATION

At 1 April 2025

25,514

Charge for year

55,217

At 31 March 2026

80,731

NET BOOK VALUE

At 31 March 2026

177,988

At 31 March 2025

147,343

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

897,500

At 31 March 2026

897,500

NET BOOK VALUE

At 31 March 2026

897,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

182,154

165,107

Other debtors

503,396

1,139,282

685,550

1,304,389

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

145,599

51,083

Finance leases (see note 9)

60,711

21,156

Trade creditors

13,450

3,505

Taxation and social security

113,386

352,986

Other creditors

578,409

71,556

911,555

500,286

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

724,206

292,201

Finance leases (see note 9)

520,308

129,128

Other creditors

-

482,650

1,244,514

903,979

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Finance leases

2026

2025

£

£

Net obligations repayable:

Within one year

60,711

21,156

Between one and five years

520,308

129,128

581,019

150,284

Non-cancellable

operating leases

2026

2025

£

£

Within one year

50,180

60,500

Between one and five years

31,500

61,875

81,680

122,375

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Other loans

-

482,650

Vector Asset Finance registered a fixed charge over a property held by the company on 30 September 2022 which was satisfied on 11 November 2025.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mr K S Khinda

Balance outstanding at start of year

407,098

412,019

Amounts advanced

534,723

366,083

Amounts repaid

(1,021,945

)

(371,004

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(80,124

)

407,098

12.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the director £80,124 (2025: £407,098 due from)

Sense Housing Group CIC

Amount due from the related party at the balance sheet date was £381,782 (2025: £535,596).