Company Registration No. 7921247 (England and Wales)
Carbon Art 45 Limited
Unaudited accounts
for the year ended 31 March 2022
Carbon Art 45 Limited
Unaudited accounts
Contents
Carbon Art 45 Limited
Company Information
for the year ended 31 March 2022
Company Number
7921247 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
Buckinghamshire
MK18 1NU
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Carbon Art 45 Limited
Statement of financial position
as at
31 March 2022
Tangible assets
29,031
28,547
Inventories
124,130
130,521
Cash at bank and in hand
154,900
149,412
Creditors: amounts falling due within one year
(250,741)
(101,266)
Net current assets
294,817
262,578
Total assets less current liabilities
323,848
291,925
Creditors: amounts falling due after more than one year
-
(50,000)
Provisions for liabilities
Deferred tax
(5,250)
(5,212)
Net assets
318,598
236,713
Called up share capital
1
1
Profit and loss account
318,597
236,712
Shareholders' funds
318,598
236,713
For the year ending 31 March 2022 the company was entitled to exemption from audit 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 his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 November 2022 and were signed on its behalf by
A J Gibson
Director
Company Registration No. 7921247
Carbon Art 45 Limited
Notes to the Accounts
for the year ended 31 March 2022
Carbon Art 45 Limited is a private company, limited by shares, registered in England and Wales, registration number 7921247. The registered office is Moreton House, 31 High Street, Buckingham, Buckinghamshire, MK18 1NU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% RBM
Fixtures & fittings
15% RBM
Computer equipment
25% RBM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Carbon Art 45 Limited
Notes to the Accounts
for the year ended 31 March 2022
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2021
2,105
17,444
28,020
602
4,440
52,611
Additions
-
5,996
-
-
-
5,996
At 31 March 2022
2,105
23,440
28,020
602
4,440
58,607
At 1 April 2021
986
7,804
13,674
124
1,476
24,064
Charge for the year
112
1,718
2,869
72
741
5,512
At 31 March 2022
1,098
9,522
16,543
196
2,217
29,576
At 31 March 2022
1,007
13,918
11,477
406
2,223
29,031
At 31 March 2021
1,119
9,640
14,346
478
2,964
28,547
Amounts falling due within one year
Trade debtors
244,617
47,048
Accrued income and prepayments
476
298
Other debtors
21,435
21,135
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
19,045
32,977
Taxes and social security
19,500
(2,087)
Other creditors
149,049
70,366
Loans from directors
24,063
10
8
Creditors: amounts falling due after more than one year
2022
2021
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).