REGISTERED NUMBER: 04255948 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ART DIVISION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N Berova

REGISTERED OFFICE:

4th Floor Tuition House

27-37 St George's Road

Wimbledon

London

SW19 4EU

REGISTERED NUMBER:

04255948 (England and Wales)

ACCOUNTANTS:

Hartley Fowler LLP

Chartered Accountants

4th Floor Tuition House

27-37 St George's Road

Wimbledon

London

SW19 4EU

FIXED ASSETS

Intangible assets

4

9,275

13,641

Tangible assets

5

8,262

6,521

17,537

20,162

CURRENT ASSETS

Debtors

6

994,354

688,690

Cash at bank

270,168

367,498

1,264,522

1,056,188

CREDITORS

Amounts falling due within one year

7

221,824

192,421

NET CURRENT ASSETS

1,042,698

863,767

TOTAL ASSETS LESS CURRENT LIABILITIES

1,060,235

883,929

CAPITAL AND RESERVES

Called up share capital

100

98

Capital redemption reserve

-

2

Fair value reserve

(10,769

)

(6,403

)

Retained earnings

1,070,904

890,232

SHAREHOLDERS' FUNDS

1,060,235

883,929

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 the director and authorised for issue on 15 September 2026 and were signed by:

N Berova - Director

1.	STATUTORY INFORMATION

Art Division 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. Where hosting or SEO services are provided the income is recognised over the term of the agreement on a pro rata basis.

Intangible assets - digital currency

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at fair value where there is an active market applicable. Alternatively they are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Cash at bank is measured at transaction price.

Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

administrative expenses.

Impairments

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

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.

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.

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 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST OR VALUATION

At 1 January 2025

13,641

Revaluations

(4,366

)

At 31 December 2025

9,275

NET BOOK VALUE

At 31 December 2025

9,275

At 31 December 2024

13,641

Cost or valuation at 31 December 2025 is represented by:

Other

intangible

assets

£

Valuation in 2025

(10,769

)

Cost

20,044

9,275

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

1,771

7,962

34,222

43,955

Additions

-

1,327

2,160

3,487

At 31 December 2025

1,771

9,289

36,382

47,442

DEPRECIATION

At 1 January 2025

1,758

6,908

28,768

37,434

Charge for year

3

302

1,441

1,746

At 31 December 2025

1,761

7,210

30,209

39,180

NET BOOK VALUE

At 31 December 2025

10

2,079

6,173

8,262

At 31 December 2024

13

1,054

5,454

6,521

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

129,822

169,736

Other debtors

811,729

466,152

941,551

635,888

Amounts falling due after more than one year:

Other debtors

52,803

52,802

Aggregate amounts

994,354

688,690

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,560

-

Taxation and social security

111,689

97,161

Other creditors

105,575

95,260

221,824

192,421

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the director owed the company £122,189 (2024: £166,152). The balance is not secured, bears interest at the HMRC approved beneficial loan rate and there are no repayment terms.