| The Creativity Partnership Limited |
| Registered number: |
04091255 |
| Balance Sheet |
| as at 30 September 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
137 |
|
|
319 |
|
| Current assets |
| Stocks |
|
|
66 |
|
|
66 |
| Debtors |
4 |
|
968 |
|
|
5,179 |
| Cash at bank and in hand |
|
|
15,200 |
|
|
17,347 |
|
|
|
16,234 |
|
|
22,592 |
|
| Creditors: amounts falling due within one year |
5 |
|
(783) |
|
|
(2,517) |
|
| Net current assets |
|
|
|
15,451 |
|
|
20,075 |
|
| Net assets |
|
|
|
15,588 |
|
|
20,394 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
15,587 |
|
|
20,393 |
|
| Shareholder's funds |
|
|
|
15,588 |
|
|
20,394 |
|
|
|
|
|
|
|
|
| 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. |
| The member has 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Ms A T Miller |
| Director |
| Approved by the board on 6 April 2017 |
|
| The Creativity Partnership Limited |
| Notes to the Accounts |
| for the year ended 30 September 2016 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover comprises revenue recognised by the company in respect of services and goods supplied during the year, exclusive of Value Added Tax and trade discounts. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Office equipment |
3 years |
|
|
Stocks |
|
Stocks are measured at the lower of cost and net realisable value after making due allowance for obsolete or slow-moving stocks. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2016 |
|
2015 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Office Equipment |
| £ |
|
Cost |
|
At 1 October 2015 |
3,162 |
|
Additions |
146 |
|
At 30 September 2016 |
3,308 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2015 |
2,843 |
|
Charge for the year |
328 |
|
At 30 September 2016 |
3,171 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2016 |
137 |
|
At 30 September 2015 |
319 |
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2016 |
|
2015 |
| £ |
£ |
|
|
Trade debtors |
450 |
|
4,660 |
|
Corporation tax repayable |
|
|
|
|
- |
|
519 |
|
Other taxes and social security |
|
|
|
|
361 |
|
- |
|
Other debtors |
157 |
|
- |
|
|
|
|
|
|
968 |
|
5,179 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2016 |
|
2015 |
| £ |
£ |
|
|
Trade creditors |
242 |
|
191 |
|
Other taxes and social security costs |
141 |
|
893 |
|
Accruals and deferred income |
400 |
|
1,433 |
|
|
|
|
|
|
783 |
|
2,517 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
The company was under the control of its director, Ms A T Miller, throughout the current and previous year. |
|
|
| 7 |
Other information |
|
|
The Creativity Partnership Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
6 Eltisley Avenue |
|
Cambridge |
|
CB3 9JG |
