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REGISTERED NUMBER: 04235778 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 30th June 2018

for

Creative Technology (R & D) Limited

Creative Technology (R & D) Limited (Registered number: 04235778)






Contents of the Financial Statements
for the Year Ended 30th June 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Creative Technology (R & D) Limited

Company Information
for the Year Ended 30th June 2018







DIRECTORS: R M Bland
D S Taylor
G Martin





SECRETARY: R M Bland





REGISTERED OFFICE: 10 Park Street
Uttoxeter
Staffordshire
ST14 7AG





REGISTERED NUMBER: 04235778 (England and Wales)





ACCOUNTANTS: Rice & Co Limited
Chartered Accountants
14a Market Place
Uttoxeter
Staffordshire
ST14 8HP

Creative Technology (R & D) Limited (Registered number: 04235778)

Balance Sheet
30th June 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 186 262
186 262

CURRENT ASSETS
Debtors 6 198,116 197,162
Cash at bank 372,167 361,198
570,283 558,360
CREDITORS
Amounts falling due within one year 7 123,491 126,905
NET CURRENT ASSETS 446,792 431,455
TOTAL ASSETS LESS CURRENT
LIABILITIES

446,978

431,717

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 446,828 431,567
SHAREHOLDERS' FUNDS 446,978 431,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2018 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.

Creative Technology (R & D) Limited (Registered number: 04235778)

Balance Sheet - continued
30th June 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30th October 2018 and were signed on
its behalf by:





D S Taylor - Director


Creative Technology (R & D) Limited (Registered number: 04235778)

Notes to the Financial Statements
for the Year Ended 30th June 2018

1. STATUTORY INFORMATION

Creative Technology (R & D) Limited is a private company, limited by shares , registered in England
and Wales. The company's registered number and registered office address can be found on the
Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises the value of sales ( excluding VAT, similar taxes and trade discounts) of goods
and services provided in the normal course of business. Revenue is recognised when goods are
delivered and hence is the point at which risk and rewards of ownership pass to the buyer. Turnover in
respect of service contracts is recognised when the company obtains the right to receive consideration
for services provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, has been
amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 33% on reducing balance
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.


Creative Technology (R & D) Limited (Registered number: 04235778)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2018

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable
profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st July 2017
and 30th June 2018 45,000
AMORTISATION
At 1st July 2017
and 30th June 2018 45,000
NET BOOK VALUE
At 30th June 2018 -
At 30th June 2017 -

Creative Technology (R & D) Limited (Registered number: 04235778)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2018

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st July 2017
and 30th June 2018 18,901 480 19,381
DEPRECIATION
At 1st July 2017 18,756 363 19,119
Charge for year 47 29 76
At 30th June 2018 18,803 392 19,195
NET BOOK VALUE
At 30th June 2018 98 88 186
At 30th June 2017 145 117 262

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 127,265 126,306
Other debtors 70,851 70,856
198,116 197,162

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 111,944 113,929
Other creditors 11,547 12,976
123,491 126,905