Abbreviated Company Accounts - DARLING CREATIVE LIMITED

DARLING CREATIVE LIMITED - Company Information

06905378 DARLING CREATIVE LIMITED 2016-05-27 false 2015-05-29 2016-05-27 true 06905378 2015-05-29 2016-05-27 06905378 2016-05-27 06905378 2015-05-28 06905378 uk-gaap-cd-bus:Director1 2015-05-29 2016-05-27 06905378 uk-gaap-cd-bus:Director2 2015-05-29 2016-05-27 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-29 2016-05-27 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-27 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-28 iso4217:GBP shares

Registered Number 06905378

DARLING CREATIVE LIMITED

Abbreviated Accounts

27 May 2016

DARLING CREATIVE LIMITED Registered Number 06905378

Abbreviated Balance Sheet as at 27 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	10,791	15,576
		10,791	15,576
Current assets
Stocks		31,393	-
Debtors		518,109	485,371
Cash at bank and in hand		180,181	159,119
		729,683	644,490
Creditors: amounts falling due within one year		(591,807)	(498,073)
Net current assets (liabilities)		137,876	146,417
Total assets less current liabilities		148,667	161,993
Total net assets (liabilities)		148,667	161,993
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		148,666	161,992
Shareholders' funds		148,667	161,993

For the year ending 27 May 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 18 May 2017

And signed on their behalf by:
K Wengraf, Director

DARLING CREATIVE LIMITED Registered Number 06905378

Notes to the Abbreviated Accounts for the period ended 27 May 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Property improvements 10 years straight line
Equipment 33.33% straight line basis
Computer equipment 33.33% straight line basis
Fixtures and fittings 33.33% straight line basis

Other accounting policies
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period they are payable.

Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Tangible fixed assets

	£
Cost
At 29 May 2015	66,749
Additions	1,193
Disposals	-
Revaluations	-
Transfers	-
At 27 May 2016	67,942
Depreciation
At 29 May 2015	51,173
Charge for the year	5,978
On disposals	-
At 27 May 2016	57,151
Net book values
At 27 May 2016	10,791
At 28 May 2015	15,576

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

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