OURCREATIVE COLLECTIVE LTD

OURCREATIVE COLLECTIVE LTD

OURCREATIVE COLLECTIVE LTD - Company Information

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OURCREATIVE COLLECTIVE LTD

Company Registration Number:
11484587 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

OURCREATIVE COLLECTIVE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

OURCREATIVE COLLECTIVE LTD

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Fixed assets
Intangible assets: 3 3,747 4,996
Tangible assets: 4 60,610 60,788
Total fixed assets: 64,357 65,784
Current assets
Debtors:   264,989 283,518
Cash at bank and in hand: 181,919 112,329
Total current assets: 446,908 395,847
Creditors: amounts falling due within one year:   (330,112) (297,415)
Net current assets (liabilities): 116,796 98,432
Total assets less current liabilities: 181,153 164,216
Creditors: amounts falling due after more than one year:   (34,167) (44,167)
Provision for liabilities: (11,516) (11,550)
Total net assets (liabilities): 135,470 108,499
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 135,468 108,497
Shareholders funds: 135,470 108,499

The notes form part of these financial statements

OURCREATIVE COLLECTIVE LTD

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 February 2022
and signed on behalf of the board by:

Name: Mike Johnson
Status: Director

The notes form part of these financial statements

OURCREATIVE COLLECTIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OURCREATIVE COLLECTIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 14 14

OURCREATIVE COLLECTIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Intangible Assets

Total
Cost £
At 01 January 2021 8,088
At 31 December 2021 8,088
Amortisation
At 01 January 2021 3,092
Charge for year 1,249
At 31 December 2021 4,341
Net book value
At 31 December 2021 3,747
At 31 December 2020 4,996

OURCREATIVE COLLECTIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible Assets

Total
Cost £
At 01 January 2021 102,863
Additions 14,981
Disposals (260)
At 31 December 2021 117,584
Depreciation
At 01 January 2021 42,075
Charge for year 15,004
On disposals (105)
At 31 December 2021 56,974
Net book value
At 31 December 2021 60,610
At 31 December 2020 60,788