Creep Films Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04782003 (England and Wales)

Financial Statements for the Year Ended 31 May 2018

for

Creep Films Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Baines

J J Taylor

REGISTERED OFFICE:

249 Gray's Inn Road

London

WC1X 8QZ

REGISTERED NUMBER:

04782003 (England and Wales)

ACCOUNTANTS:

Matthew Squire (AFA) & Company

32 The Tything

Worcester

Worcestershire

WR1 1JL

CURRENT ASSETS

Inventories

3,746

1,810

Debtors

5

-

100

Cash at bank

61

4,397

3,807

6,307

CREDITORS

Amounts falling due within one year

6

3,322

5,419

NET CURRENT ASSETS

485

888

TOTAL ASSETS LESS CURRENT LIABILITIES

485

888

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

483

886

SHAREHOLDERS' FUNDS

485

888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 25 February 2019 and were signed on its behalf by:

J Baines - Director

1.	STATUTORY INFORMATION

Creep Films Limited 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 have been prepared under the historical cost convention.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing inventories to their present location and condition.

4.	EMPLOYEES AND DIRECTORS

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

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

VAT

-

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade creditors

-

600

Other creditors

1,624

1,624

Associated companies

1,373

2,870

Accrued expenses

325

325

3,322

5,419