Creative Rox Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08838165 (England and Wales)

Financial Statements

for the Period

11 October 2017 to 31 December 2018

for

Creative Rox Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

R S Birse

N Griffin

K Highberg

REGISTERED OFFICE:

The Glades

Festival Way

Stoke on Trent

Staffordshire

ST1 5SQ

REGISTERED NUMBER:

08838165 (England and Wales)

AUDITORS:

Mitten Clarke Audit Limited, (Statutory Auditors)

The Glades

Festival Way

Stoke on Trent

Staffordshire

ST1 5SQ

CURRENT ASSETS

Stocks

-

28,965

Debtors

6

20,377

42,451

Cash at bank

32,062

7,578

52,439

78,994

CREDITORS

Amounts falling due within one year

7

8,531

20,422

NET CURRENT ASSETS

43,908

58,572

TOTAL ASSETS LESS CURRENT LIABILITIES

43,908

58,572

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

43,808

58,472

SHAREHOLDERS' FUNDS

43,908

58,572

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 22 February 2019 and were signed on its behalf by:

R S Birse - Director

1.	STATUTORY INFORMATION

Creative Rox Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements cover the company as an individual entity, have been prepared under the

historical cost convention and are presented in Pounds Sterling (£) being the functional currency.

The financial statements have been prepared on the assumption that the company is able to carry on

business as a going concern, which the directors consider appropriate having regard to the company's

current and expected performance.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102

'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related

party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible

preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in

profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value

with changes recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax if applicable. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the statement of financial position date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the statement of financial position date. Transactions in foreign currencies are translated into sterling at

the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in

arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2017 - 2 ).

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 11 October 2017

and 31 December 2018

2,713

DEPRECIATION

At 11 October 2017

and 31 December 2018

2,713

NET BOOK VALUE

At 31 December 2018

-

At 10 October 2017

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

29,756

Amounts owed by group undertakings

20,034

-

Other debtors

343

12,695

20,377

42,451

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

1

7,481

Taxation and social security

-

4,111

Other creditors

8,530

8,830

8,531

20,422

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Adam Clarke BA FCA (Senior Statutory Auditor)

for and on behalf of Mitten Clarke Audit Limited, (Statutory Auditors)