Creative Ideas Un Ltd - Abbreviated accounts

CREATIVE IDEAS UN LTD. - Company Information

Registered number

07991840

Creative Ideas Un Ltd

Abbreviated Accounts

31 March 2015

Creative Ideas Un Ltd

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Creative Ideas Un Ltd for the year ended 31 March 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Creative Ideas Un Ltd for the year ended 31 March 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie

HBSCA Ltd
Chartered Accountants
8 Windsor Hill
Newry
Co. Down
BT34 1ER

26 January 2016

Creative Ideas Un Ltd
Registered number:		07991840
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015			2014
£				£
Current assets
Stocks		32,382			9,270
Debtors		4,089			100
Cash at bank and in hand		14,569			27,857
		51,040			37,227

Creditors: amounts falling due within one year		(6,345)			(8,780)

Net current assets			44,695			28,447

Net assets			44,695			28,447

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			44,595			28,347

Shareholders' funds			44,695			28,447

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mrs D Timartseva
Director
Approved by the board on 26 January 2016

Creative Ideas Un Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% straight line
	Motor vehicles			25% straight line

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£0.01 each		10,000		100		100