ART SEARCH LIMITED Accounts filed on 31-03-2014

ART SEARCH LIMITED - Company Information

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ART SEARCH LIMITED

Company Registration Number:
01696757 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01st April 2013

End date: 31st March 2014

SUBMITTED

Company Information
for the Period Ended 31st March 2014

Director:		Philip Herriott



Company secretary:		Maree Herriott



Registered office:		33 Kingswood Avenue
		London



		NW6 6LR




Company Registration Number:		01696757 (England and Wales)

Abbreviated Balance sheet
As at 31st March 2014

	Notes	2014 £	2013 £
Fixed assets
Tangible assets:	2	2,035	2,394
Total fixed assets:		2,035	2,394
Current assets
Stocks:		17,750	17,750
Debtors:		140	438
Cash at bank and in hand:		27	-
Total current assets:		17,917	18,188
Creditors
Creditors: amounts falling due within one year		112,772	99,803
Net current assets (liabilities):		( 94,855 )	( 81,615 )
Total assets less current liabilities:		( 92,820 )	( 79,221 )
Total net assets (liabilities):		( 92,820 )	( 79,221 )

The notes form part of these financial statements

Abbreviated Balance sheet
As at 31st March 2014
continued

	Notes	2014 £	2013 £
Capital and reserves
Called up share capital:	3	2	2
Profit and Loss account:		( 92,822 )	( 79,223 )
Total shareholders funds:		( 92,820 )	( 79,221 )

For the year ending 31 March 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 08 December 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: Philip Herriott
Status: Director

The notes form part of these financial statements

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy

Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.

Tangible fixed assets depreciation policy

Fixed assets are shown at historical cost. Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life by the reducing balance method. Fixtures and fittings 15% Equipment 15%

Valuation information and policy

Stocks are stated at the lower of cost and net realisable value. Cost incurred in bringing each product to its present location and condition is based on purchase cost on a first-in, first-out basis, including transport.

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

2. Tangible assets

	Total
Cost	£
At 01st April 2013:	30,083
At 31st March 2014:	30,083
Depreciation
At 01st April 2013:	27,689
Charge for year:	359
At 31st March 2014:	28,048
Net book value
At 31st March 2014:	2,035
At 31st March 2013:	2,394

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

3. Called up share capital

Allotted, called up and paid

Previous period			2013
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	2	1.00 1.00	2
Total share capital:			2

Current period			2014
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	2	1.00 1.00	2
Total share capital:			2

ART SEARCH LIMITED Accounts filed on 31-03-2014