Creative Frenzy Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06245585 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

CREATIVE FRENZY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Bowden

S J Tierney

M W Gardner

Miss K Williams

Mrs L M Tierney

Mrs J K Bowden

SECRETARY:

S J Tierney

REGISTERED OFFICE:

Drake House

Gadbrook Park

Northwich

Cheshire

CW9 7RA

REGISTERED NUMBER:

06245585 (England and Wales)

FIXED ASSETS

Tangible assets

2

21,937

18,385

CURRENT ASSETS

Debtors

47,375

91,770

Cash at bank and in hand

90,902

57,267

138,277

149,037

CREDITORS

Amounts falling due within one year

56,926

57,833

NET CURRENT ASSETS

81,351

91,204

TOTAL ASSETS LESS CURRENT LIABILITIES

103,288

109,589

CAPITAL AND RESERVES

Called up share capital

3

999

999

Profit and loss account

102,289

108,590

SHAREHOLDERS' FUNDS

103,288

109,589

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 5 October 2016 and were signed on its behalf by:

S Bowden - Director

S J Tierney - Director

M W Gardner - 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.

Computer equipment

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

59,086

Additions

10,864

At 30 June 2016

69,950

DEPRECIATION

At 1 July 2015

40,701

Charge for year

7,312

At 30 June 2016

48,013

NET BOOK VALUE

At 30 June 2016

21,937

At 30 June 2015

18,385

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/16

30/6/15

value:

£

£

999

Ordinary

£1

999

999