Arthistory Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05354720 (England and Wales)

Unaudited Financial Statements for the Period 1 April 2017 to 30 March 2018

for

Arthistory Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L O'Hare

K O'Hare

REGISTERED OFFICE:

Ince Blundell School

Back O' Th' Town Lane

Ince Blundell

Liverpool

L38 6JJ

REGISTERED NUMBER:

05354720 (England and Wales)

ACCOUNTANTS:

Haines Watts

3rd Floor Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

FIXED ASSETS

Tangible assets

3

3,063,582

3,010,314

CURRENT ASSETS

Stocks

4

28,000

33,305

Debtors

5

202,046

161,891

Cash at bank and in hand

63,275

159,965

293,321

355,161

CREDITORS

Amounts falling due within one year

6

17,207

3,583

NET CURRENT ASSETS

276,114

351,578

TOTAL ASSETS LESS CURRENT LIABILITIES

3,339,696

3,361,892

CREDITORS

Amounts falling due after more than one year

7

515,817

536,243

NET ASSETS

2,823,879

2,825,649

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

3,322,901

3,322,901

Retained earnings

(499,122

)

(497,352

)

2,823,879

2,825,649

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 March 2019 and were signed on its behalf by:

K O'Hare - Director

1.	STATUTORY INFORMATION

Arthistory Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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, excluding 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 the cost less estimated residual value of each asset over its estimated useful life.

Stocks

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

moving items.

Taxation

Taxation for the period 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.

3.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2017

3,007,151

17,348

2,827

3,027,326

Additions

54,500

-

-

54,500

At 30 March 2018

3,061,651

17,348

2,827

3,081,826

DEPRECIATION

At 1 April 2017

-

14,437

2,575

17,012

Charge for period

-

582

650

1,232

At 30 March 2018

-

15,019

3,225

18,244

NET BOOK VALUE

At 30 March 2018

3,061,651

2,329

(398

)

3,063,582

At 31 March 2017

3,007,151

2,911

252

3,010,314

4.

STOCKS

30.3.18

31.3.17

£

£

Stocks

28,000

33,305

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.18

31.3.17

£

£

Trade debtors

173,196

161,891

Other debtors

28,850

-

202,046

161,891

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.18

31.3.17

£

£

Other creditors

17,207

3,583

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.3.18

31.3.17

£

£

Other creditors

515,817

536,243