Create It Support Limited - Limited company accounts 11.6

REGISTERED NUMBER: 08594398 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Period 2 July 2013 to 30 June 2014

for

Create It Support Limited

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

W N Cogley

Create Group Holdings Limited

REGISTERED OFFICE:

7.03 The Deco Building

Paintworks

Bath Road

Bristol

BS4 3EH

REGISTERED NUMBER:

08594398 (England and Wales)

ACCOUNTANTS:

Create Accountancy Solutions Limited

7.03, The Deco Building

Paintworks, Bath Road

Bristol

BS4 3EA

The directors present their report with the financial statements of the company for the period 2 July 2013

to 30 June 2014.

INCORPORATION

The company was incorporated on 2 July 2013 .

DIRECTORS

The directors who have held office during the period from 2 July 2013 to the date of this report are as

follows:

W N Cogley - appointed 27 February 2014

Create Group Holdings Limited - appointed 8 October 2013

Both the directors who are eligible offer themselves for election at the forthcoming first Annual General

Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act

2006 relating to small companies.

ON BEHALF OF THE BOARD:

W N Cogley - Director

13 December 2014

TURNOVER

74,911

Cost of sales

40,617

GROSS PROFIT

34,294

Administrative expenses

71,676

OPERATING LOSS and

LOSS ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

(37,382

)

Tax on loss on ordinary activities

3

-

LOSS FOR THE FINANCIAL PERIOD

(37,382

)

CURRENT ASSETS

Debtors

4

5,588

Cash at bank

1,239

6,827

CREDITORS

Amounts falling due within one year

5

44,109

NET CURRENT LIABILITIES

(37,282

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(37,282

)

CAPITAL AND RESERVES

Called up share capital

6

100

Profit and loss account

7

(37,382

)

SHAREHOLDERS' FUNDS

(37,282

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2014 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 13 December 2014 and were signed
on its behalf by:

W N Cogley - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These accounts have been prepared on a going concern basis.The company is dependent on the

continued support of its directors.

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	OPERATING LOSS

The operating loss is stated after charging:

£

Directors' remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the period.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

2,561

Other debtors

3,027

5,588

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

32,594

Taxation and social security

2,159

Other creditors

9,356

44,109

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

value:

£

100

Share capital 1

1

100

7.

RESERVES

Profit

and loss

account

£

Deficit for the period

(37,382

)

At 30 June 2014

(37,382

)