ARTFORM HOLDINGS LIMITED

ARTFORM HOLDINGS LIMITED

ARTFORM HOLDINGS LIMITED - Company Information

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ARTFORM HOLDINGS LIMITED

Company Registration Number:
11155729 (England and Wales)

Unaudited statutory accounts for the year ended 29 March 2023

Period of accounts

Start date: 31 March 2022

End date: 29 March 2023

ARTFORM HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 29 March 2023

Balance sheet
Additional notes
Balance sheet notes

ARTFORM HOLDINGS LIMITED

Balance sheet

As at 29 March 2023

Notes 2023 2022


£
£
Fixed assets
Tangible assets: 3 66,446 82,424
Investments: 4 432 432
Total fixed assets: 66,878 82,856
Current assets
Debtors: 5 1,113,625 1,572,273
Total current assets: 1,113,625 1,572,273
Creditors: amounts falling due within one year: 6 ( 817,063 ) ( 1,269,048 )
Net current assets (liabilities): 296,562 303,225
Total assets less current liabilities: 363,440 386,081
Creditors: amounts falling due after more than one year: 7 ( 189,306 ) ( 264,988 )
Total net assets (liabilities): 174,134 121,093
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 173,134 120,093
Total Shareholders' funds: 174,134 121,093

The notes form part of these financial statements

ARTFORM HOLDINGS LIMITED

Balance sheet statements

For the year ending 29 March 2023 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.

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

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

This report was approved by the board of directors on 25 February 2024
and signed on behalf of the board by:

Name: Daniel Adleman
Status: Director

The notes form part of these financial statements

ARTFORM HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Revenue for services are recognised to the extent that it is probable that the economic benefit ill flow to the company and can be reliably measured. Revenue from a contracts to provide services are recognised in the period in which the services are provided.

    Tangible fixed assets depreciation policy

    Motor vehicles are depreciated over a period of 5 years on a straight line basis.Computer equipment are depreciated over a period of 5 years on a straight line basis.Fixtures and fittings are depreciated by 25% on a reducing balance basis.

ARTFORM HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 9 10

ARTFORM HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 31 March 2022 0 17,976 101,280 119,256
Additions 8,888 2,472 11,360
Disposals ( 1,665 ) ( 1,665 )
Revaluations
Transfers
At 29 March 2023 8,888 18,783 101,280 128,951
Depreciation
At 31 March 2022 0 7,646 29,186 36,832
Charge for year 406 5,264 20,256 25,926
On disposals ( 253 ) ( 253 )
Other adjustments
At 29 March 2023 406 12,657 49,442 62,505
Net book value
At 29 March 2023 8,482 6,126 51,838 66,446
At 30 March 2022 0 10,330 72,094 82,424

ARTFORM HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2023

4. Fixed assets investments note

The following entities were subsidiary undertakings of the Company, all owned 100% and are UK Registered, share capital held is as follows: Artform PM Limited - £100, Artform Construction Limited - £100, 291 Hackney Road Limited - £1, Artform (WP) Limited - £1, Harrow Road 2 Limited - £1, Artform Investments Limited - £1, Artform (Highgate) Limited - £100, Artform (Wandsworth) Limited - £100, Artform WH Limited - £1, Artform FP Limited - £1, Avoman Limited - £1. The following entity is a UK Registered company owned 25% by Artform Holdings Limited: Artform (Garnham) Limited - £25. Total Fixed Asset Investment - £432.

ARTFORM HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2023

5. Debtors

2023 2022
£ £
Trade debtors 125 0
Prepayments and accrued income 46,164 8,958
Other debtors 1,067,336 1,563,315
Total 1,113,625 1,572,273

ARTFORM HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 148,427 177,285
Amounts due under finance leases and hire purchase contracts 37,632 39,840
Trade creditors 23,178 2,694
Taxation and social security 246,281 64,581
Accruals and deferred income 4,000 0
Other creditors 357,545 984,648
Total 817,063 1,269,048

ARTFORM HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2023

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

2023 2022
£ £
Bank loans and overdrafts 157,500 227,500
Amounts due under finance leases and hire purchase contracts 31,806 37,488
Total 189,306 264,988