The Creative Colony Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07507758 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 31 January 2016

for

The Creative Colony Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M C Joblin

N M Pearson

REGISTERED OFFICE:

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

REGISTERED NUMBER:

07507758 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Intangible assets

2

34

43

Tangible assets

3

6,309

7,886

6,343

7,929

CURRENT ASSETS

Debtors

4,476

4,361

Cash at bank and in hand

37,061

26,658

41,537

31,019

CREDITORS

Amounts falling due within one year

31,991

10,882

NET CURRENT ASSETS

9,546

20,137

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,889

28,066

CAPITAL AND RESERVES

Called up share capital

4

Profit and loss account

15,885

28,062

SHAREHOLDERS' FUNDS

15,889

28,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 April 2016 and were signed on its
behalf by:

M C Joblin - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Equipment

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

104

AMORTISATION

At 1 February 2015

61

Amortisation for year

9

At 31 January 2016

70

NET BOOK VALUE

At 31 January 2016

34

At 31 January 2015

43

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

14,203

DEPRECIATION

At 1 February 2015

6,317

Charge for year

1,577

At 31 January 2016

7,894

NET BOOK VALUE

At 31 January 2016

6,309

At 31 January 2015

7,886

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/1/16

31/1/15

value:

£

1

Ordinary 'A'

£1

1

Ordinary 'B'

£1

1

Ordinary 'C'

£1

1

3

Ordinary 'D'

£1

1

4