Accounts Submission

CHLOE LAMB FINE ART LIMITED - Company Information

Company Accounts and Tax Online 08007650 Board of Directors 1.4.22 31.3.23 31.3.23 false iso4217:GBP xbrli:pure 08007650 2021-04-01 2022-03-31 08007650 2023-03-31 08007650 2022-04-01 2023-03-31 08007650 2022-03-31 08007650 countries:EnglandWales 2022-04-01 2023-03-31 08007650 curr:PoundSterling 2022-04-01 2023-03-31 08007650 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08007650 uk-bus:FRS102 2022-04-01 2023-03-31 08007650 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08007650 uk-bus:AbridgedAccounts 2022-04-01 2023-03-31 08007650 uk-bus:RegisteredOffice 2022-04-01 2023-03-31 08007650 uk-bus:Director1 2022-04-01 2023-03-31 08007650 uk-bus:Director1 2022-04-01 08007650 uk-bus:Director1 2023-03-31 08007650 core:AfterOneYear 2023-03-31 08007650 core:AfterOneYear 2022-03-31 08007650 core:WithinOneYear 2023-03-31 08007650 core:WithinOneYear 2022-03-31 08007650 core:WithinOneYear 2022-04-01 2023-03-31 08007650 core:AfterOneYear 2023-03-31 08007650 core:AfterOneYear 2022-03-31 08007650 core:AfterOneYear 2022-04-01 2023-03-31 08007650 core:ShareCapital 2023-03-31 08007650 core:ShareCapital 2022-03-31 08007650 core:RevaluationReserve 2023-03-31 08007650 core:RevaluationReserve 2022-03-31 08007650 core:RetainedEarningsAccumulatedLosses 2023-03-31 08007650 core:RetainedEarningsAccumulatedLosses 2022-03-31 08007650 1 2022-04-01 2023-03-31

Company Registration Number:
08007650 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

Contents of the Financial Statements

for the Period Ended 31 March 2023


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 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

Selling of paintings

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
C Lamb

This report was approved by the board of directors on 16 October 2023
And Signed On Behalf Of The Board By:

Name: C Lamb
Status: Director

Profit and Loss Account

for the Period Ended 31 March 2023

	2023 £	2022 £
Gross Profit or (Loss)	190,211	146,985
Administrative Expenses	( 98,340 )	( 91,328 )
Operating Profit or (Loss)	91,871	55,657
Profit or (Loss) Before Tax	91,871	55,657
Tax on Profit	( 17,569 )	( 10,703 )
Profit or (Loss) for Period	74,302	44,954

The notes form part of these financial statements

Balance sheet

As at 31 March 2023

	Notes	2023 £	2022 £
Fixed assets
Tangible assets:	4	251,802	252,402
Total fixed assets:		251,802	252,402
Current assets
Cash at bank and in hand:		293,962	221,160
Total current assets:		293,962	221,160
Creditors: amounts falling due within one year:		( 24,757 )	( 26,857 )
Net current assets (liabilities):		269,205	194,303
Total assets less current liabilities:		521,007	446,705
Total net assets (liabilities):		521,007	446,705

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2023

	2023 £	2022 £
Capital and reserves
Called up share capital:	1	1
Profit and loss account:	521,006	446,704
Shareholders funds:	521,007	446,705

For the year ending 31 March 2023 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 2023
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 2023

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 2023

2. Employees

	2023	2022
Average number of employees during the period	1	1

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

	Total
Cost	£
At 01 April 2022	259,097
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2023	259,097
Depreciation
At 01 April 2022	6,695
Charge for year	600
On disposals	-
Other adjustments	-
At 31 March 2023	7,295
Net book value
At 31 March 2023	251,802
At 31 March 2022	252,402

Director:		C Lamb


Registered office:		73 Downhall Ley Buntingford Herts SG9 9JT


Company Registration Number:		08007650 (England and Wales)

Accounts Submission