International Creative Technologies Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08038564 (England and Wales)

Financial Statements for the Year Ended 30 April 2022

for

INTERNATIONAL CREATIVE TECHNOLOGIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R I I Al-Takriti

Mr S Macgregor

REGISTERED OFFICE:

Apps Court Farm

Hurst Road

Walton on Thames

Surrey

KT12 2EG

REGISTERED NUMBER:

08038564 (England and Wales)

ACCOUNTANTS:

THB LLP

1 & 2 Studley Court Mews

Studley Court

Guildford Road

Chobham

Surrey

GU24 8EB

CURRENT ASSETS

Cash at bank

380

7,080

CREDITORS

Amounts falling due within one year

4

358,568

316,981

NET CURRENT LIABILITIES

(358,188

)

(309,901

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(358,188

)

(309,901

)

CREDITORS

Amounts falling due after more than one year

5

37,962

41,667

NET LIABILITIES

(396,150

)

(351,568

)

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

(396,250

)

(351,668

)

SHAREHOLDERS' FUNDS

(396,150

)

(351,568

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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 18 January 2023 and were signed on its behalf by:

Mr S Macgregor - Director

1.	STATUTORY INFORMATION

International Creative Technologies Ltd 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.

Taxation

Taxation for the year comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - NIL ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Bank loans and overdrafts

10,123

8,333

Amounts owed to associates

18,085

135,669

Taxation and social security

21,795

-

Other creditors

308,565

172,979

358,568

316,981

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.22

30.4.21

£

£

Bank loans

37,962

41,667

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,667

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.22

30.4.21

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 May 2021

(351,668

)

Deficit for the year

(44,582

)

At 30 April 2022

(396,250

)