Accounts

Accounts

CREATION SYSTEMS & ASSOCIATES LIMITED - Company Information

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  File Number     2717
  Security Number     2717SA130815
  Company Number     07971372
         
         
         
         
         
         
         
         
         
         
         
         
  CREATION SYSTEMS AND ASSOCIATES LIMITED
         
         
  ABBREVIATED UNAUDITED ACCOUNTS
         
         
  FOR THE YEAR ENDED 31 MARCH 2015
         
         
         
         
         
         
         
         
         
         
         
         
         
  INDEX TO THE ACCOUNTS
         
 
         
  Pages
         
  1 Abbreviated Balance Sheet    
         
  2-3 Notes to the Abbreviated Accounts    
         
 
         
         
         
         
         
         
         
         
         
         
  CREATION SYSTEMS AND ASSOCIATES LIMITED
  Company registered number: 07971372
  ABBREVIATED BALANCE SHEET
  AT 31 March 2015
           
    Note 2015 2014
      £ £ £
  FIXED ASSETS
  Tangible Assets 2 354 473
         
  CURRENT ASSETS
  Debtors falling due within one year   5,519 7,350
  Cash at bank and in hand   41,589 30,081
      47,108 37,431
  CREDITORS: Amounts falling due within one year   23,037 18,195
  NET CURRENT ASSETS   24,071 19,236
  NET ASSETS   £24,425 £19,709
       
  CAPITAL AND RESERVES
  Called up share capital 3 100 100
  Profit and loss account   24,325 19,609
  SHAREHOLDERS' FUNDS   £24,425 £19,709
       
         
  In approving these financial statements as directors of the company we hereby confirm the following:
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
         
  Directors' responsibilities:
  1) The members have not required the company to obtain an audit for its accounts for the year in question in accordance with section 476,
  2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
         
  The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
         
  These abbreviated accounts were approved by the board of directors on 13 August 2015
 
 
         
  V J Chin , Director
   
  The notes on pages 2 to 3 form part of these accounts
  page 1
  NOTES TO THE ABBREVIATED ACCOUNTS
  FOR THE YEAR ENDED 31 MARCH 2015
       
 
1. ACCOUNTING POLICIES
     
     
1a. Basis of accounting
     
  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).
         
         
1b. Tangible fixed assets
         
  Fixed assets are shown at historical cost.
         
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
         
         
  Plant and machinery Reducing balance 25%    
  Vehicles Reducing balance 25%    
  Fixtures and fittings Reducing balance 15%    
  Equipment Reducing balance 25%    
       
       
1c. Taxation
       
  Corporation tax payable is provided on taxable profits at the current rate.
       
       
       
1d. Turnover
       
  Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.
       
       
2. TANGIBLE FIXED ASSETS 2015 2014
    £ £
  Cost
       
  At 1 April 2014 650 80
  Additions - 570
  At 31 March 2015 650 650
   
  Depreciation
       
  At 1 April 2014 177 20
  For the year 119 157
  At 31 March 2015 296 177
   
  Net Book Amounts
       
  At 31 March 2015 £354 £473
   
  page 2
  CREATION SYSTEMS AND ASSOCIATES LIMITED
  NOTES TO THE ABBREVIATED ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 MARCH 2015
       
       
3. SHARE CAPITAL 2015 2014
    £ £
  Allotted, issued and fully paid:
       
  100 Ordinary shares of £1 each £100 £100
   
       
       
4. ULTIMATE CONTROLLING PARTY
       
  The ultimate controlling party is the director(s).
  page 3