Accounts Submission

CHLOE LAMB FINE ART LIMITED - Company Information

Company Accounts and Tax Online 08007650 Board of Directors 1.4.19 31.3.20 31.3.20 false iso4217:GBP xbrli:pure 08007650 2018-04-01 2019-03-31 08007650 2020-03-31 08007650 2019-04-01 2020-03-31 08007650 2019-03-31 08007650 countries:EnglandWales 2019-04-01 2020-03-31 08007650 curr:PoundSterling 2019-04-01 2020-03-31 08007650 uk-bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31 08007650 uk-bus:FRS102 2019-04-01 2020-03-31 08007650 uk-bus:AuditExempt-NoAccountantsReport 2019-04-01 2020-03-31 08007650 uk-bus:AbridgedAccounts 2019-04-01 2020-03-31 08007650 uk-bus:RegisteredOffice 2019-04-01 2020-03-31 08007650 uk-bus:Director1 2019-04-01 2020-03-31 08007650 uk-bus:Director1 2019-04-01 08007650 uk-bus:Director1 2020-03-31 08007650 core:AfterOneYear 2020-03-31 08007650 core:AfterOneYear 2019-03-31 08007650 core:WithinOneYear 2020-03-31 08007650 core:WithinOneYear 2019-03-31 08007650 core:WithinOneYear 2019-04-01 2020-03-31 08007650 core:AfterOneYear 2020-03-31 08007650 core:AfterOneYear 2019-03-31 08007650 core:AfterOneYear 2019-04-01 2020-03-31 08007650 core:ShareCapital 2020-03-31 08007650 core:ShareCapital 2019-03-31 08007650 core:RevaluationReserve 2020-03-31 08007650 core:RevaluationReserve 2019-03-31 08007650 core:RetainedEarningsAccumulatedLosses 2020-03-31 08007650 core:RetainedEarningsAccumulatedLosses 2019-03-31 08007650 1 2019-04-01 2020-03-31

Company Registration Number:
08007650 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

Contents of the Financial Statements

for the Period Ended 31 March 2020


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Directors' Report Period Ended 31 March 2020

The directors present their report with the financial statements of the company for the period ended 31 March 2020

Principal Activities

Selling Paintings

Directors

The directors shown below have held office during the whole of the period from 01 April 2019 to 31 March 2020
C Lamb

This report was approved by the board of directors on 16 October 2020
And Signed On Behalf Of The Board By:

Name: C Lamb
Status: Director

Profit and Loss Account

for the Period Ended 31 March 2020

	2020 £	2019 £
Gross Profit or (Loss)	66,897	144,009
Administrative Expenses	( 89,990 )	( 83,966 )
Operating Profit or (Loss)	( 23,093 )	60,043
Profit or (Loss) Before Tax	( 23,093 )	60,043
Tax on Profit	4,318	( 11,394 )
Profit or (Loss) for Period	( 18,775 )	48,649

The notes form part of these financial statements

Balance sheet

As at 31 March 2020

	Notes	2020 £	2019 £
Fixed assets
Tangible assets:	4	151,100	151,467
Total fixed assets:		151,100	151,467
Current assets
Debtors:		4,396
Cash at bank and in hand:		252,984	311,439
Total current assets:		257,380	311,439
Creditors: amounts falling due within one year:		( 20,053 )	( 55,704 )
Net current assets (liabilities):		237,327	255,735
Total assets less current liabilities:		388,427	407,202
Total net assets (liabilities):		388,427	407,202

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2020

	2020 £	2019 £
Capital and reserves
Called up share capital:	1	1
Profit and loss account:	388,426	407,201
Shareholders funds:	388,427	407,202

For the year ending 31 March 2020 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 October 2020
And Signed On Behalf Of The Board By:

Name: C Lamb
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

	2020	2019
Average number of employees during the period	1	1

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Tangible Assets

	Total
Cost	£
At 01 April 2019	155,968
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2020	155,968
Depreciation
At 01 April 2019	4,501
Charge for year	367
On disposals	-
Other adjustments	-
At 31 March 2020	4,868
Net book value
At 31 March 2020	151,100
At 31 March 2019	151,467

Director:		C Lamb


Registered office:		73 Downhall Ley Buntingford Herts SG9 9JT


Company Registration Number:		08007650 (England and Wales)

Accounts Submission