Art Safari Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04627042 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Art Safari Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTOR:

Ms Mary-Anne Felicity Bartlett

REGISTERED OFFICE:

Harbourmaster'S Office

Ferry Quay

Woodbridge

Suffolk

IP12 1BW

REGISTERED NUMBER:

04627042 (England and Wales)

ACCOUNTANTS:

Merali's Chartered Accountants

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Art Safari Limited for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Art Safari Limited in accordance with the terms of our engagement letter dated 16 September 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Art Safari Limited and state those matters that we have agreed to state to the director of Art Safari Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Art Safari Limited and its director for our work or for this report.

It is your duty to ensure that Art Safari Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Art Safari Limited. You consider that Art Safari Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Art Safari Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Merali's Chartered Accountants

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

29 July 2026

FIXED ASSETS

Tangible assets

4

470,520

382,743

CURRENT ASSETS

Debtors

5

486,158

430,829

Cash at bank and in hand

85,814

210,639

571,972

641,468

CREDITORS

Amounts falling due within one year

6

(548,209

)

(587,683

)

NET CURRENT ASSETS

23,763

53,785

TOTAL ASSETS LESS CURRENT
LIABILITIES

494,283

436,528

CREDITORS

Amounts falling due after more than one year

7

(174,777

)

(144,181

)

NET ASSETS

319,506

292,347

CAPITAL AND RESERVES

Called up share capital

1

Revaluation reserve

8

144,513

Retained earnings

174,992

147,833

319,506

292,347

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 her 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 Income Statement has not been delivered.

The financial statements were approved by Mary-Anne Barlett the director and authorised for issue on 29 July 2026 and were signed by:

Ms Mary-Anne Felicity Bartlett - Director

1.	STATUTORY INFORMATION

Art Safari Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax.Tour operators turnover for holidays where the company acts as principal is recognised at the date of departure.Holidays booked but not departed are shown as deferred income and the associated costs are included within prepayments.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Leasehold property - Tide Mill Way - freehold property, 30% building, 70% land, depreciated over 50 years

Plant and machinery - 25% on reducing balance

Fixture and fittings - 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 5 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

Land

machinery

fittings

Totals

£

COST

At 1 April 2025

-

375,000

39,681

-

414,681

Additions

85,381

-

5,780

679

91,840

At 31 March 2026

85,381

375,000

45,461

679

506,521

DEPRECIATION

At 1 April 2025

-

31,938

-

31,938

Charge for year

512

-

3,381

170

4,063

At 31 March 2026

512

-

35,319

170

36,001

NET BOOK VALUE

At 31 March 2026

84,869

375,000

10,142

509

470,520

At 31 March 2025

-

375,000

7,743

-

382,743

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

325,555

255,000

EPQD Barclaycard

34,148

65,682

Other debtors

2,344

3,144

Other Debtors - Pension

40

-

VAT

1,716

726

Prepaid expenses

122,355

106,277

486,158

430,829

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

17,450

22,020

Trade creditors

9,942

21,275

Tax

5,318

6,293

Social security and other taxes

2,288

849

Net pay Control

1,026

-

Pension - Nest

-

338

Directors' loan accounts

-

1

Accrued expenses

5,896

20,839

Deferred income

506,289

516,068

548,209

587,683

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Mortgage loan over 1yr

9,149

5,312

BBL loan over 01 year

-

8,435

Other creditors over 1yr

50,000

77,594

Directors' loan accounts

87,760

52,840

Deferred income over 1 year

27,868

-

174,777

144,181

8.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

144,513

9.	RELATED PARTY DISCLOSURES

Included within creditors falling due after more than one year is a loan of £137,761 (2025: £130,434) from a director and shareholder. The loan is unsecured, interest-free and repayable on demand. No discounting has been applied as the amount is repayable on demand.

10.	SUBORDINATED LOAN

Other creditors due after more than one year include an amount of £50,000. This is a loan subordinated to the Civil Aviation Authority and cannot be withdrawn without the Civil Aviation Authority's prior written consent.