Company Registration No. 11819759 (England and Wales)
DOUGLAS CREATIVE GROUP LTD
Unaudited accounts
for the year ended 28 February 2022
DOUGLAS CREATIVE GROUP LTD
Unaudited accounts
Contents
DOUGLAS CREATIVE GROUP LTD
Company Information
for the year ended 28 February 2022
Company Number
11819759 (England and Wales)
Registered Office
C/O MODERN ACCOUNTANCY LTD, SUITE 2
UNIT 1B, POPE IRON ROAD
WORCESTER
WORCESTERSHIRE
WR1 3HB
ENGLAND
DOUGLAS CREATIVE GROUP LTD
Statement of financial position
as at 28 February 2022
Tangible assets
20,006
27,009
Cash at bank and in hand
494
4,894
Creditors: amounts falling due within one year
(24,304)
(15,720)
Net current liabilities
(23,810)
(10,226)
Net (liabilities)/assets
(3,804)
16,783
Called up share capital
1
1
Profit and loss account
(3,805)
16,782
Shareholders' funds
(3,804)
16,783
For the year ending 28 February 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 May 2022 and were signed on its behalf by
Antone Douglas
Director
Company Registration No. 11819759
DOUGLAS CREATIVE GROUP LTD
Notes to the Accounts
for the year ended 28 February 2022
DOUGLAS CREATIVE GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11819759. The registered office is C/O MODERN ACCOUNTANCY LTD, SUITE 2, UNIT 1B, POPE IRON ROAD, WORCESTER, WORCESTERSHIRE, WR1 3HB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight line
Motor vehicles
5 years straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2021
20,015
15,000
35,015
At 28 February 2022
20,015
15,000
35,015
At 1 March 2021
8,006
-
8,006
Charge for the year
4,003
3,000
7,003
At 28 February 2022
12,009
3,000
15,009
At 28 February 2022
8,006
12,000
20,006
At 28 February 2021
12,009
15,000
27,009
5
Debtors: amounts falling due within one year
2022
2021
DOUGLAS CREATIVE GROUP LTD
Notes to the Accounts
for the year ended 28 February 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
15,000
15,000
Loans from directors
8,584
-
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
