THE APPLEYARD GALLERY LIMITED

THE APPLEYARD GALLERY LIMITED

THE APPLEYARD GALLERY LIMITED - Company Information

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THE APPLEYARD GALLERY LIMITED

Company Registration Number:
05425604 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

THE APPLEYARD GALLERY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

THE APPLEYARD GALLERY LIMITED

Balance sheet

As at 31 December 2022


Notes
2022
2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 37,252 0
Tangible assets: 4 138,184 152,512
Investments:   0 0
Total fixed assets: 175,436 152,512
Current assets
Stocks: 206,514 190,527
Debtors: 5 38,467 15,923
Cash at bank and in hand: 153,599 429,672
Investments:   0 0
Total current assets: 398,580 636,122
Creditors: amounts falling due within one year: 6 (138,181) (289,501)
Net current assets (liabilities): 260,399 346,621
Total assets less current liabilities: 435,835 499,133
Creditors: amounts falling due after more than one year: 7 (79,482) (148,983)
Provision for liabilities: (19,908) (22,330)
Total net assets (liabilities): 336,445 327,820
Capital and reserves
Called up share capital: 15,000 15,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 321,445 312,820
Shareholders funds: 336,445 327,820

The notes form part of these financial statements

THE APPLEYARD GALLERY LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 September 2023
and signed on behalf of the board by:

Name: Mrs S J Thompson
Status: Director

The notes form part of these financial statements

THE APPLEYARD GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE APPLEYARD GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 4 4

THE APPLEYARD GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 0
Additions 38,872
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 38,872
Amortisation
At 01 January 2022 0
Charge for year 1,620
On disposals 0
Other adjustments 0
At 31 December 2022 1,620
Net book value
At 31 December 2022 37,252
At 31 December 2021 0

THE APPLEYARD GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 264,827
Additions 2,838
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 267,665
Depreciation
At 01 January 2022 112,315
Charge for year 17,166
On disposals 0
Other adjustments 0
At 31 December 2022 129,481
Net book value
At 31 December 2022 138,184
At 31 December 2021 152,512

THE APPLEYARD GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

2022 2021
££
Debtors due after more than one year: 31,000 0

THE APPLEYARD GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

Trade Creditors Nil (2021 - £11,416)Taxation £53,354 (2021 - £111,493)Loans £34,025 (2021 - £22,475)Other creditors & accruals £50,802 (2021 - £144,117)

THE APPLEYARD GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Creditors: amounts falling due after more than one year note

Loans £41,426 (2021 - £94,497)Director's loan account £38,056 (2021 - £54,486)

THE APPLEYARD GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

8. Financial commitments

The company has a commitment to pay rent of £70,364 per annum in accordance with the lease of its trading premises.