Company Registration No. 09339138 (England and Wales)
ARTOBOX LTD
Unaudited accounts
for the year ended 31 December 2021
ARTOBOX LTD
Unaudited accounts
Contents
ARTOBOX LTD
Company Information
for the year ended 31 December 2021
Company Number
09339138 (England and Wales)
Registered Office
UNIT 201 THE JUBILEE CENTRE
BIRMINGHAM
WEST MIDLANDS
B5 6ND
UNITED KINGDOM
ARTOBOX LTD
Statement of financial position
as at
31 December 2021
Tangible assets
17,527
7,531
Cash at bank and in hand
80,034
66,977
Creditors: amounts falling due within one year
(24,396)
(17,258)
Net current assets
55,865
49,925
Called up share capital
1
1
Profit and loss account
73,391
57,455
Shareholders' funds
73,392
57,456
For the year ending 31 December 2021 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 11 May 2022 and were signed on its behalf by
Robert Lewis
Director
Company Registration No. 09339138
ARTOBOX LTD
Notes to the Accounts
for the year ended 31 December 2021
ARTOBOX LTD is a private company, limited by shares, registered in England and Wales, registration number 09339138. The registered office is UNIT 201 THE JUBILEE CENTRE, BIRMINGHAM, WEST MIDLANDS, B5 6ND, UNITED KINGDOM.
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:
Land & buildings
10 years straight line
Plant & machinery
3 years straight line
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2021
-
7,874
5,045
12,919
Additions
13,850
-
-
13,850
At 31 December 2021
13,850
7,874
5,045
26,769
At 1 January 2021
-
3,706
1,682
5,388
Charge for the year
1,385
787
1,682
3,854
At 31 December 2021
1,385
4,493
3,364
9,242
At 31 December 2021
12,465
3,381
1,681
17,527
At 31 December 2020
-
4,168
3,363
7,531
ARTOBOX LTD
Notes to the Accounts
for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
690
690
Taxes and social security
13,683
10,736
Loans from directors
7,369
3,210
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).