Company No: 11857694 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	D Barclay
	S Barclay

REGISTERED OFFICE	35 Ballards Lane
	London
	N3 1XW
	United Kingdom

COMPANY NUMBER

11857694 (England and Wales)

CHARTERED ACCOUNTANTS	Berg Kaprow Lewis LLP
	35 Ballards Lane
	London
	N3 1XW

	Note	2022		2021
		£		£
Fixed assets
Tangible assets	3	2,607		3,072
		2,607		3,072
Current assets
Debtors	4	12,596		7,250
Cash at bank and in hand	5	28,136		25,273
		40,732		32,523
Creditors
Amounts falling due within one year	6	( 16,340)		( 6,285)
Net current assets		24,392		26,238
Total assets less current liabilities		26,999		29,310
Creditors
Amounts falling due after more than one year	7	( 12,909)		( 20,000)
Net assets		14,090		9,310
Capital and reserves
Called-up share capital		108		108
Profit and loss account		13,982		9,202
Total shareholders' funds		14,090		9,310

For the financial year ending 31 March 2022 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Don Barclay Creative Communication Ltd (registered number: 11857694) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

D Barclay Director

20 December 2022

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Don Barclay Creative Communication Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

	2022		2021
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2021	4,763		4,763
Additions	816		816
At 31 March 2022	5,579		5,579
Accumulated depreciation
At 01 April 2021	1,691		1,691
Charge for the financial year	1,281		1,281
At 31 March 2022	2,972		2,972
Net book value
At 31 March 2022	2,607		2,607
At 31 March 2021	3,072		3,072

4. Debtors

	2022		2021
	£		£
Trade debtors	7,200		7,250
Other debtors	5,396		0
	12,596		7,250

5. Cash and cash equivalents

	2022		2021
	£		£
Cash at bank and in hand	28,136		25,273

6. Creditors: amounts falling due within one year

	2022		2021
	£		£
Bank loans	4,092		0
Corporation tax	10,448		4,246
Other creditors	1,800		2,039
	16,340		6,285

7. Creditors: amounts falling due after more than one year

	2022		2021
	£		£
Bank loans	12,909		20,000

There are no amounts included above in respect of which any security has been given by the small entity.