Creative Associates - Design & Comms Lim - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04724531 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2020

for

Creative Associates - Design & Comms

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss A M Pugh

Miss K Reynolds

SECRETARY:

Mrs V Houghton

REGISTERED OFFICE:

5-7 High Street

Sunninghill

Berkshire

SL5 9NQ

REGISTERED NUMBER:

04724531 (England and Wales)

ACCOUNTANTS:

Alexander Michael

5-7 High Street

Sunninghill

Berkshire

SL5 9NQ

FIXED ASSETS

Tangible assets

4

190

801

CURRENT ASSETS

Debtors

5

5,022

5,953

Cash at bank

25,779

12,309

30,801

18,262

CREDITORS

Amounts falling due within one year

6

23,502

13,602

NET CURRENT ASSETS

7,299

4,660

TOTAL ASSETS LESS CURRENT LIABILITIES

7,489

5,461

PROVISIONS FOR LIABILITIES

11

121

NET ASSETS

7,478

5,340

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,378

5,240

SHAREHOLDERS' FUNDS

7,478

5,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 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 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 Board of Directors and authorised for issue on 17 November 2020 and were signed on its behalf by:

Miss A M Pugh - Director

1.	STATUTORY INFORMATION

Creative Associates - Design & Comms 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.

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.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2019

and 30 April 2020

9,122

DEPRECIATION

At 1 May 2019

8,321

Charge for year

611

At 30 April 2020

8,932

NET BOOK VALUE

At 30 April 2020

190

At 30 April 2019

801

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Trade debtors

5,022

5,953

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Trade creditors

5,223

385

Taxation and social security

13,549

5,658

Other creditors

4,730

7,559

23,502

13,602

7.	RELATED PARTY DISCLOSURES

Miss Pugh controls the company on the basis that she is the majority shareholder.