East Creative Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 09249186 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 DECEMBER 2022

FOR

EAST CREATIVE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Tagg

Mr G Fussell

REGISTERED OFFICE:

First Floor

19 Willow Street

London

EC2A 4BH

REGISTERED NUMBER:

09249186 (England and Wales)

ACCOUNTANTS:

BAND Advisory Group Limited

111 Charterhouse Street

London

EC1M 6AW

FIXED ASSETS

Tangible assets

5

1,257

2,327

Investments

6

19

19

1,276

2,346

CURRENT ASSETS

Debtors

7

44,469

101,890

Cash at bank

61,570

8,436

106,039

110,326

CREDITORS

Amounts falling due within one year

8

44,349

71,736

NET CURRENT ASSETS

61,690

38,590

TOTAL ASSETS LESS CURRENT LIABILITIES

62,966

40,936

CREDITORS

Amounts falling due after more than one year

9

-

26,682

NET ASSETS

62,966

14,254

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

19,900

19,900

Retained earnings

42,066

(6,646

)

SHAREHOLDERS' FUNDS

62,966

14,254

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 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 23 June 2023 and were signed on its behalf by:

Mr J Tagg - Director

1.	STATUTORY INFORMATION

East Creative 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 December 2021

9,587

Additions

900

At 30 December 2022

10,487

DEPRECIATION

At 31 December 2021

7,260

Charge for year

1,970

At 30 December 2022

9,230

NET BOOK VALUE

At 30 December 2022

1,257

At 30 December 2021

2,327

6.	FIXED ASSET INVESTMENTS

Interest

in other

participating

interests

£

COST

At 31 December 2021

and 30 December 2022

19

NET BOOK VALUE

At 30 December 2022

19

At 30 December 2021

19

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

12,000

56,625

Other debtors

15,379

14,062

Directors' current accounts

12,000

-

Called up share capital not paid

600

600

Prepayments and accrued income

4,490

294

Accrued income

-

30,309

44,469

101,890

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

13,151

16,249

Tax

10,291

-

VAT

16,784

30,317

Other creditors

-

950

Accrued expenses

4,123

24,220

44,349

71,736

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans - 1-2 years

-

2,917

Bank loans - 2-5 years

-

23,765

-

26,682