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

REGISTERED NUMBER: 05354720 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 March 2021

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

4

3,035,660

3,120,081

CURRENT ASSETS

Stocks

5

15,500

21,078

Debtors

6

147,750

176,505

Cash at bank and in hand

57,411

53,348

220,661

250,931

CREDITORS

Amounts falling due within one year

7

68,901

50,870

NET CURRENT ASSETS

151,760

200,061

TOTAL ASSETS LESS CURRENT LIABILITIES

3,187,420

3,320,142

CREDITORS

Amounts falling due after more than one year

8

366,901

473,330

NET ASSETS

2,820,519

2,846,812

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

3,322,901

3,322,901

Retained earnings

(502,482

)

(476,189

)

2,820,519

2,846,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 March 2021 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 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 Board of Directors and authorised for issue on 29 March 2022 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 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, 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 30 March 2020

3,114,974

17,348

8,877

3,141,199

Disposals

(80,000

)

-

-

(80,000

)

At 29 March 2021

3,034,974

17,348

8,877

3,061,199

DEPRECIATION

At 30 March 2020

-

15,858

5,260

21,118

Charge for year

-

298

4,123

4,421

At 29 March 2021

-

16,156

9,383

25,539

NET BOOK VALUE

At 29 March 2021

3,034,974

1,192

(506

)

3,035,660

At 29 March 2020

3,114,974

1,490

3,617

3,120,081

5.

STOCKS

29.3.21

29.3.20

£

£

Stocks

15,500

21,078

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.21

29.3.20

£

£

Trade debtors

133,250

162,005

Other debtors

14,500

14,500

147,750

176,505

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.21

29.3.20

£

£

Taxation and social security

1,406

1,406

Other creditors

67,495

49,464

68,901

50,870

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.3.21

29.3.20

£

£

Other creditors

366,901

473,330