Create Group Holdings Limited - Abbreviated accounts

Create Group Holdings Limited
Registered number:		06610269
Directors' Report

The directors present their report and accounts for the year ended 30 June 2016.

Principal activities
The company's principal activity during the year continued to be that of a financial services group

Directors
The following persons served as directors during the year:

	Mr W Cogley
	Miss T Seymour

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 12 March 2017 and signed on its behalf.





Mr W Cogley
Director

Registered number

06610269

Create Group Holdings Limited

Abbreviated Accounts

30 June 2016

Create Group Holdings Limited
Registered number:		06610269
Abbreviated Balance Sheet
as at 30 June 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		81,443			87,338
Tangible assets	3		1,932			928
			83,375			88,266

Current assets
Debtors		645,214			418,565
Cash at bank and in hand		1,900			1,276
		647,114			419,841

Creditors: amounts falling due within one year		(209,062)			(200,682)

Net current assets			438,052			219,159

Total assets less current liabilities			521,427			307,425

Creditors: amounts falling due after more than one year			(145,000)			-



Net assets			376,427			307,425

Capital and reserves
Called up share capital	4		50,000			50,000
Profit and loss account			326,427			257,425

Shareholders' funds			376,427			307,425

The directors are 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 directors acknowledge their 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.



M W Cogley
Director
Approved by the board on 12 March 2017

Create Group Holdings Limited
Notes to the Abbreviated Accounts
for the year ended 30 June 2016

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.

	Fixtures & Fittings			20% on cost
	Improvements to property			20% on cost


2	Intangible fixed assets					£

	Cost
	At 1 July 2015					122,708
	At 30 June 2016					122,708

	Amortisation
	At 1 July 2015					35,370
	Provided during the year					5,895
	At 30 June 2016					41,265

	Net book value
	At 30 June 2016					81,443
	At 30 June 2015					87,338


3	Tangible fixed assets					£

	Cost
	At 1 July 2015					26,044
	Additions					1,969
	At 30 June 2016					28,013

	Depreciation
	At 1 July 2015					25,116
	Charge for the year					965
	At 30 June 2016					26,081

	Net book value
	At 30 June 2016					1,932
	At 30 June 2015					928


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		50,000		50,000