Company Registration No. 07885371 (England and Wales)
HIGH ART PICTURES LTD
Unaudited accounts
for the year ended 31 December 2018
HIGH ART PICTURES LTD
Unaudited accounts
Contents
HIGH ART PICTURES LTD
Company Information
for the year ended 31 December 2018
Director
Tomasz Andrzej Krych
Company Number
07885371 (England and Wales)
Registered Office
Tower Bridge Business Complex,
The Biscuit Factory Unit J210,
100 Clements Road, London
SE16 4DG
Accountants
MULTITOP ACCOUNTANTS LTD
114a Bellegrove Road
Welling
Kent
DA16 3QR
HIGH ART PICTURES LTD
Accountants' report
Accountants' report to the director of HIGH ART PICTURES LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
HIGH ART PICTURES LTD for the year ended
31 December 2018 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of HIGH ART PICTURES LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of HIGH ART PICTURES LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HIGH ART PICTURES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that HIGH ART PICTURES LTD 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 HIGH ART PICTURES LTD. You consider that HIGH ART PICTURES LTD 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 HIGH ART PICTURES LTD. 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.
MULTITOP ACCOUNTANTS LTD
114a Bellegrove Road
Welling
Kent
DA16 3QR
15 August 2019
HIGH ART PICTURES LTD
Statement of financial position
as at
31 December 2018
Cash at bank and in hand
38
-
Creditors: amounts falling due within one year
700
138
Net current assets
738
138
Called up share capital
1
1
Profit and loss account
737
137
Shareholders' funds
738
138
For the year ending 31 December 2018 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.
Approved by the Board on 15 August 2019.
Tomasz Andrzej Krych
Director
Company Registration No. 07885371
HIGH ART PICTURES LTD
Notes to the Accounts
for the year ended 31 December 2018
HIGH ART PICTURES LTD is a private company, limited by shares, registered in England and Wales, registration number 07885371. The registered office is Tower Bridge Business Complex, , The Biscuit Factory Unit J210, , 100 Clements Road, London, SE16 4DG.
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:
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
At 31 December 2018
1,079
At 31 December 2018
1,079
5
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
(35)
Taxes and social security
322
423
Loans from directors
(1,022)
(526)
6
Average number of employees
During the year the average number of employees was 1 (2017: 1).