ICREATEDITFIRST LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 04864469

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

ICREATEDITFIRST LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P G Green

SECRETARY:

Mr. C Morris

REGISTERED OFFICE:

Wellington House

273-275 High Street

London Colney

St Albans

Hertfordshire

AL2 1HA

REGISTERED NUMBER:

04864469

ACCOUNTANTS:

Newman Morris Limited

Chartered Accountants

Wellington House

273-275 High Street

London Colney

Hertfordshire

AL2 1HA

FIXED ASSETS

Tangible assets

2

1

CURRENT ASSETS

Debtors

-

28

Cash in hand

-

436

-

464

CREDITORS

Amounts falling due within one year

47,016

54,887

NET CURRENT LIABILITIES

(47,016

)

(54,423

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(47,015

)

(54,422

)

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

(48,015

)

(55,422

)

SHAREHOLDERS' FUNDS

(47,015

)

(54,422

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 31 May 2017 and were signed by:

P G Green - 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.

Plant and machinery etc

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

2,876

DEPRECIATION

At 1 September 2015

and 31 August 2016

2,875

NET BOOK VALUE

At 31 August 2016

1

At 31 August 2015

1

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary

£1

1,000