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Company Registration No. 13419240 (England and Wales)
SAMUEL THOMAS ART LTD Unaudited accounts for the year ended 31 March 2026
SAMUEL THOMAS ART LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SAMUEL THOMAS ART LTD Company Information for the year ended 31 March 2026
Director
Samuel Stubbs
Company Number
13419240 (England and Wales)
Registered Office
Sackville Place Business Centre 44-48 Magdalen Street Norwich NR3 1JU United Kingdom
Accountants
ATF TAX CONSULTANCY LTD Sackville Place 44-48 Magdalen Steet Norwich Norfolk NR3 1JU
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SAMUEL THOMAS ART LTD Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Current assets
Inventories
2,800
1,500
Debtors
4
(5,690)
11,564
Cash at bank and in hand
21,202
19,044
18,312
32,108
Creditors: amounts falling due within one year
5
(1,088)
(7,118)
Net current assets
17,224
24,990
Net assets
17,224
24,990
Capital and reserves
Called up share capital
100
100
Profit and loss account
17,124
24,890
Shareholders' funds
17,224
24,990
For the year ending 31 March 2026 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 22 July 2026 and were signed on its behalf by
Samuel Stubbs Director Company Registration No. 13419240
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SAMUEL THOMAS ART LTD Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
SAMUEL THOMAS ART LTD is a private company, limited by shares, registered in England and Wales, registration number 13419240. The registered office is Sackville Place Business Centre, 44-48 Magdalen Street, Norwich, NR3 1JU, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
-
2,606
Trade debtors
323
8,709
323
11,315
Amounts falling due after more than one year
Other debtors
(6,013)
249
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
1,088
6,894
Accruals
-
224
1,088
7,118
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SAMUEL THOMAS ART LTD Notes to the Accounts for the year ended 31 March 2026
6
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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