Napoleon Creative Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05718467 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

Napoleon Creative Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr G J Ricketts

SECRETARY:

Mr B Yare

REGISTERED OFFICE:

11E Branch Place

London

N1 5PH

REGISTERED NUMBER:

05718467 (England and Wales)

ACCOUNTANTS:

Turas Accountants Limited

Blount House

Hall Court

Hall Park Way

Telford

Shropshire

TF3 4NQ

FIXED ASSETS

Tangible assets

4

8,051

10,299

CURRENT ASSETS

Debtors

5

5,201

38,574

Prepayments and accrued income

13,031

8,345

Cash at bank

14,002

13,148

32,234

60,067

CREDITORS

Amounts falling due within one year

6

9,114

24,275

NET CURRENT ASSETS

23,120

35,792

TOTAL ASSETS LESS CURRENT LIABILITIES

31,171

46,091

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

31,070

45,990

SHAREHOLDERS' FUNDS

31,171

46,091

31,171

46,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 14 September 2020 and were signed by:

Mr G J Ricketts - Director

1.	STATUTORY INFORMATION

Napoleon Creative 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Taxation

Taxation for the year comprises current and deferred tax. 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 balance sheet date.

Deferred tax

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

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2019

2,973

9,354

35,217

47,544

Additions

-

-

641

641

At 31 March 2020

2,973

9,354

35,858

48,185

DEPRECIATION

At 1 April 2019

1,905

6,690

28,650

37,245

Charge for year

267

666

1,956

2,889

At 31 March 2020

2,172

7,356

30,606

40,134

NET BOOK VALUE

At 31 March 2020

801

1,998

5,252

8,051

At 31 March 2019

1,068

2,664

6,567

10,299

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

5,201

34,444

Other debtors

-

4,130

5,201

38,574

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade creditors

-

8,100

Taxation and social security

8,290

15,175

Other creditors

824

1,000

9,114

24,275