Abbreviated Company Accounts - COMMON CREATIVE LTD

COMMON CREATIVE LTD - Company Information

04020704 COMMON CREATIVE LTD 2016-07-31 false 2015-08-01 2016-07-31 true 04020704 2015-08-01 2016-07-31 04020704 2016-07-31 04020704 2015-07-31 04020704 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 04020704 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 04020704

COMMON CREATIVE LTD

Abbreviated Accounts

31 July 2016

COMMON CREATIVE LTD Registered Number 04020704

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,709	2,698
		2,709	2,698
Current assets
Debtors		33,863	-
Cash at bank and in hand		5,593	9,626
		39,456	9,626
Creditors: amounts falling due within one year		(41,475)	(12,125)
Net current assets (liabilities)		(2,019)	(2,499)
Total assets less current liabilities		690	199
Provisions for liabilities		(542)	0
Total net assets (liabilities)		148	199
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		48	99
Shareholders' funds		148	199

For the year ending 31 July 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 October 2016

And signed on their behalf by:
Mr. L. Olofsson, Director

COMMON CREATIVE LTD Registered Number 04020704

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Fixtures, fittings and equipment - 25% reducing balance.

2Tangible fixed assets

	£
Cost
At 1 August 2015	14,171
Additions	914
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	15,085
Depreciation
At 1 August 2015	11,473
Charge for the year	903
On disposals	-
At 31 July 2016	12,376
Net book values
At 31 July 2016	2,709
At 31 July 2015	2,698

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100