Lime Tree Galleries Ltd - Accounts to registrar (filleted) - small 22.3

Lime Tree Galleries Ltd - Accounts to registrar (filleted) - small 22.3

LIME TREE GALLERIES LTD - Company Information

Print Friendly Version

IRIS Accounts Production v22.3.3.48 05886003 Board of Directors Board of Directors 1.10.21 30.9.22 30.9.22 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure058860032021-09-30058860032022-09-30058860032021-10-012022-09-30058860032020-09-30058860032020-10-012021-09-30058860032021-09-3005886003ns16:EnglandWales2021-10-012022-09-3005886003ns15:PoundSterling2021-10-012022-09-3005886003ns11:Director12021-10-012022-09-3005886003ns11:Director22021-10-012022-09-3005886003ns11:PrivateLimitedCompanyLtd2021-10-012022-09-3005886003ns11:SmallEntities2021-10-012022-09-3005886003ns11:AuditExempt-NoAccountantsReport2021-10-012022-09-3005886003ns11:SmallCompaniesRegimeForDirectorsReport2021-10-012022-09-3005886003ns11:SmallCompaniesRegimeForAccounts2021-10-012022-09-3005886003ns11:FullAccounts2021-10-012022-09-3005886003ns11:CompanySecretary12021-10-012022-09-3005886003ns11:RegisteredOffice2021-10-012022-09-3005886003ns6:CurrentFinancialInstruments2022-09-3005886003ns6:CurrentFinancialInstruments2021-09-3005886003ns6:ShareCapital2022-09-3005886003ns6:ShareCapital2021-09-3005886003ns6:RetainedEarningsAccumulatedLosses2022-09-3005886003ns6:RetainedEarningsAccumulatedLosses2021-09-3005886003ns6:FurnitureFittings2021-10-012022-09-3005886003ns6:LeaseholdImprovements2021-09-3005886003ns6:FurnitureFittings2021-09-3005886003ns6:LeaseholdImprovements2021-10-012022-09-3005886003ns6:LeaseholdImprovements2022-09-3005886003ns6:FurnitureFittings2022-09-3005886003ns6:LeaseholdImprovements2021-09-3005886003ns6:FurnitureFittings2021-09-3005886003ns6:WithinOneYearns6:CurrentFinancialInstruments2022-09-3005886003ns6:WithinOneYearns6:CurrentFinancialInstruments2021-09-30
REGISTERED NUMBER: 05886003 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

FOR

LIME TREE GALLERIES LTD
LIME TREE GALLERIES LTD (REGISTERED NUMBER: 05886003)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LIME TREE GALLERIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022







DIRECTORS: Ms S Dean
S P Edwards





SECRETARY: Ms S Dean





REGISTERED OFFICE: Lime Tree Gallery
84 Hotwell Road
Bristol
BS8 4UP





REGISTERED NUMBER: 05886003 (England and Wales)





ACCOUNTANTS: Hackett Griffey LLP
Chartered Certified Accountants
31 High Street
Haverhill
Suffolk
CB9 8AD
Page 1
LIME TREE GALLERIES LTD (REGISTERED NUMBER: 05886003)

BALANCE SHEET
30 SEPTEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,753 5,436

CURRENT ASSETS
Debtors 5 5,032 586
Cash at bank 67,728 111,130
72,760 111,716
CREDITORS
Amounts falling due within one year 6 72,136 127,119
NET CURRENT ASSETS/(LIABILITIES) 624 (15,403 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
5,377
(9,967
)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,277 (10,067 )
5,377 (9,967 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 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 28 March 2023 and were signed on its behalf by:



S P Edwards - Director



Ms S Dean - Director


The notes form part of these financial statements

Page 2
LIME TREE GALLERIES LTD (REGISTERED NUMBER: 05886003)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

1. STATUTORY INFORMATION

Lime Tree Galleries 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.

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.

Turnover
Turnover is the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

Page 3
LIME TREE GALLERIES LTD (REGISTERED NUMBER: 05886003)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2022

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 October 2021
and 30 September 2022 17,353 4,714 22,067
DEPRECIATION
At 1 October 2021 11,996 4,635 16,631
Charge for year 660 23 683
At 30 September 2022 12,656 4,658 17,314
NET BOOK VALUE
At 30 September 2022 4,697 56 4,753
At 30 September 2021 5,357 79 5,436

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
VAT 4,204 -
Prepayments and accrued income 828 586
5,032 586

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 13,113 2,101
Taxation and social security 4,374 21,276
Other creditors 54,649 103,742
72,136 127,119

Page 4