The Artist Workspace Gallery Ltd

Notes

1. Revision by Replacement

The financial statements for the year ended 31 August 2023 have been revised.

These financial statements:

replace the original financial statements;
are now the statutory financial statements;
have been prepared as at the date of the original financial statements, and not as at the date of the revision and accordingly do not deal with events between those dates.

The profit and loss account showed no turnover or expenditure for the year.
The company’s income and expenditure for the year, as recorded in its bank account, were omitted, so the accounts did not give a true and fair view as required by section 393 of the Act.

The balance sheet showed cash at bank of £803 at 31st August 2023, being the balance at the previous year end, instead of the actual balance of £258.

Called up share capital was stated as £100, in the current year and the comparative, instead of the £1 actually issued.

The significant amendments made as a result are:

Turnover has been restated from nil to £5,043, and the result for the year from nil to a loss of £545.

Cash at bank at 31st August 2023 has been restated from £803 to £258, and net liabilities from £27,425 to £27,970.

Called up share capital has been restated from £100 to £1 at both balance sheet dates. The profit and loss reserve brought forward has been restated by £99 to match, so total net liabilities at 31st August 2022 are unchanged at £27,425.

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The Artist Workspace Gallery Ltd

Balance Sheet (continued)

As At 31 August 2023

There are no significant amendments to the original accounts.

2. General Information

The Artist Workspace Gallery Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13552480 . The registered office is 20-22 Wenlock Road, London, N1 7GU.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2022: NIL)

For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Miss Zoë Goetzmann

Director

31st May 2024

	31 August 2023	31 August 2022
	£	£

Current assets	258	803
Creditors: Amounts Falling Due Within One Year	(27,997 )	(27,997 )

NET CURRENT LIABILITIES	(27,739 )	(27,194 )

TOTAL ASSETS LESS CURRENT LIABILITIES	(27,739 )	(27,194 )

Creditors: Amounts Falling Due After More Than One Year	(660 )	-
Accruals and deferred income	(231 )	(231 )

NET LIABILITIES	(28,630 )	(27,425 )

CAPITAL AND RESERVES	(28,630 )	(27,425 )