Artisan Holdings Uk Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06448504 (England and Wales)

ARTISAN HOLDINGS UK LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs A L Robinson

REGISTERED OFFICE:

Unit 4

Mill Park Industrial Estate

Cannock

Staffordshire

WS11 7XT

REGISTERED NUMBER:

06448504 (England and Wales)

ACCOUNTANTS:

Wallace Crooke Walsall Limited

Chartered Accountants

Wallace House

20 Birmingham Road

Walsall

West Midlands

WS1 2LT

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

174,621

176,302

174,621

176,302

CURRENT ASSETS

Cash at bank

139

249

CREDITORS

Amounts falling due within one year

4

47,777

61,110

NET CURRENT LIABILITIES

(47,638

)

(60,861

)

TOTAL ASSETS LESS CURRENT LIABILITIES

126,983

115,441

CREDITORS

Amounts falling due after more than one year

4

122,843

113,056

NET ASSETS

4,140

2,385

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

4,138

2,383

SHAREHOLDERS' FUNDS

4,140

2,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 January 2015 and were signed by:

Mrs A L Robinson - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents the rent received by the company.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

15,000

AMORTISATION

At 1 May 2013

and 30 April 2014

15,000

NET BOOK VALUE

At 30 April 2014

-

At 30 April 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

191,207

DEPRECIATION

At 1 May 2013

14,905

Charge for year

1,681

At 30 April 2014

16,586

NET BOOK VALUE

At 30 April 2014

174,621

At 30 April 2013

176,302

4.

CREDITORS

Creditors include an amount of £ 131,631 (2013 - £ 119,390 ) for which security has been given.

They also include the following debts falling due in more than five years:

2014

2013

£

£

Repayable by instalments

64,341

69,228

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary Shares

£1

2

2