Artisan Holdings UK Limited - Period Ending 2015-04-30

Registration number: 06448504

Artisan Holdings UK Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2015
 

Hate Paying Tax Ltd t/a Chase Accounting
4 Station Court
Girton Road
Cannock
Staffordshire
WS11 0EJ

Artisan Holdings UK Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Artisan Holdings UK Limited
for the Year Ended 30 April 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Artisan Holdings UK Limited for the year ended 30 April 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants (ACCA), we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html .

This report is made solely to the Board of Directors of Artisan Holdings UK Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Artisan Holdings UK Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at acca.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Artisan Holdings UK Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Artisan Holdings UK 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 Artisan Holdings UK Limited. You consider that Artisan Holdings UK 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 Artisan Holdings UK 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.

......................................

Hate Paying Tax Ltd t/a Chase Accounting
4 Station Court
Girton Road
Cannock
Staffordshire
WS11 0EJ

21 January 2016

Page 1

Artisan Holdings UK Limited
(Registration number: 06448504)
Abbreviated Balance Sheet at 30 April 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					170,315			174,621
Current assets
Debtors					894			-
Cash at bank and in hand					1,163			139
					2,057			139
Creditors: Amounts falling due within one year					(172,296)			(38,989)
Net current liabilities					(170,239)			(38,850)
Total assets less current liabilities					76			135,771
Creditors: Amounts falling due after more than one year					-			(131,631)
Net assets					76			4,140
Capital and reserves
Called up share capital		4			2			2
Profit and loss account					74			4,138
Shareholders' funds					76			4,140

For the year ending 30 April 2015 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

Approved by the director on 21 January 2016

.........................................
Mrs Amanda Louise Robinson
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Artisan Holdings UK Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Equipment	20% Straight Line
Office Equipment	25% Straight Line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2014		191,207			191,207
At 30 April 2015		191,207			191,207
Depreciation
At 1 May 2014		16,586			16,586
Charge for the year		4,306			4,306
At 30 April 2015		20,892			20,892
Net book value
At 30 April 2015		170,315			170,315
At 30 April 2014		174,621			174,621

3

Creditors

Included in the creditors are the following amounts due after more than five years:

Page 3

Artisan Holdings UK Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

		2015 £			2014 £
After more than five years by instalments		-			64,341

4	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Shares of £1 each		2			2			2			2
of £0.00 each		-			-			-			-
		2			2			2			2

Page 4