Mark Adams Fine Art Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05267920 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

FOR

MARK ADAMS FINE ART LIMITED

Page

Balance Sheet

1

FIXED ASSETS

2,844

5,688

CURRENT ASSETS

288,083

188,639

CREDITORS

Amounts falling due within one year

(64,704

)

(72,355

)

NET CURRENT ASSETS

223,379

116,284

TOTAL ASSETS LESS CURRENT LIABILITIES

226,223

121,972

CAPITAL AND RESERVES

226,223

121,972

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Mark Adams Fine Art Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05267920

Registered office:

11 Hadyn Park Road

London

W12 9AQ

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2019 - 1 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2020 and 31 March 2019:

2020

2019

£

£

M H L Adams

Balance outstanding at start of year

118,140

29,879

Amounts advanced

-

88,261

Amounts repaid

(118,140

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

118,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 29 March 2022 and were signed on its behalf by:

M H L Adams - Director