Picasso Painters Limited - Accounts

Picasso Painters Limited - Accounts

PICASSO PAINTERS LIMITED - Company Information

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2022-03-31 2023-03-30 true No description of principal activity Capium Accounts Production 1.1 07687774 bus:AbridgedAccounts 2022-03-31 2023-03-30 07687774 bus:FRS102 2022-03-31 2023-03-30 07687774 bus:AuditExemptWithAccountantsReport 2022-03-31 2023-03-30 07687774 bus:SmallCompaniesRegimeForAccounts 2022-03-31 2023-03-30 07687774 bus:PrivateLimitedCompanyLtd 2022-03-31 2023-03-30 07687774 2022-03-31 2023-03-30 07687774 2023-03-30 07687774 bus:RegisteredOffice 2022-03-31 2023-03-30 07687774 core:WithinOneYear 2023-03-30 07687774 core:AfterOneYear 2023-03-30 07687774 bus:Director1 2022-03-31 2023-03-30 07687774 bus:Director1 2023-03-30 07687774 bus:Director1 2021-03-31 2022-03-30 07687774 bus:Director2 2022-03-31 2023-03-30 07687774 bus:Director2 2023-03-30 07687774 bus:Director2 2021-03-31 2022-03-30 07687774 2021-03-31 07687774 bus:CompanySecretary1 2022-03-31 2023-03-30 07687774 bus:LeadAgentIfApplicable 2022-03-31 2023-03-30 07687774 2021-03-31 2022-03-30 07687774 2022-03-30 07687774 core:WithinOneYear 2022-03-30 07687774 core:AfterOneYear 2022-03-30 07687774 bus:EntityAccountantsOrAuditors 2021-03-31 2022-03-30 07687774 core:NetGoodwill 2022-03-31 2023-03-30 07687774 core:NetGoodwill 2023-03-30 07687774 core:NetGoodwill 2022-03-30 07687774 core:CostValuation core:Non-currentFinancialInstruments 2023-03-30 07687774 core:CostValuation core:Non-currentFinancialInstruments 2022-03-30 07687774 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-30 07687774 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-30 07687774 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-30 07687774 core:Non-currentFinancialInstruments 2023-03-30 07687774 core:Non-currentFinancialInstruments 2022-03-30 07687774 core:ShareCapital 2023-03-30 07687774 core:ShareCapital 2022-03-30 07687774 core:RetainedEarningsAccumulatedLosses 2023-03-30 07687774 core:RetainedEarningsAccumulatedLosses 2022-03-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07687774
England and Wales

 

 

 


Dormant Accounts

for the year ended 30 March 2023

for

PICASSO PAINTERS LIMITED

Picasso Painters Limited
Contents Page
For the year ended 30 March 2023
Report to the directors on the preparation of the unaudited statutory accounts of Picasso Painters Limited for the year ended 30 March 2023.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Picasso Painters Limited for the year ended 30 March 2023 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Picasso Painters Limited, as a body, in accordance with the terms of our engagement letter dated 07 November 2023 Our work has been undertaken solely to prepare for your approval the accounts of Picasso Painters Limited and state those matters that we have agreed to state to the Board of Directors of Picasso Painters Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Picasso Painters Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Picasso Painters Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Picasso Painters Limited. You consider that Picasso Painters Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Picasso Painters Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
30 March 2023



....................................................
Turner and Partners LLP
24 James Street West
Bath
Somerset
BA1 2BT
07 November 2023
1
 
 		 Notes
 		 2023
£		   2022
£
Fixed assets      
Intangible fixed assets 10,000    10,000 
10,000    10,000 
Current assets      
Creditors: amount falling due within one year (7,522)   (7,522)
Net current liabilities (7,522)   (7,522)
 
Total assets less current liabilities 2,478    2,478 
Net assets 2,478    2,478 
 

Capital and reserves 		     
Called up share capital 100    100 
Profit and loss account 2,378    2,378 
Shareholder's funds 2,478    2,478 
 


For the year ended 30 March 2023 the company was entitled to exemption from audit under Section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.


The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 07 November 2023 and were signed on its behalf by:


-------------------------------
Richard Neil Yelland
Director
2
General Information
Picasso Painters Limited is a private company, limited by shares, registered in England and Wales, registration number 07687774, registration address 7 Ash Tree Road, Burnham on Sea, TA82LB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 0 (2022 : 0).
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