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Company Registration No. SC612303 (Scotland)
Academy Of Creative Education Ltd Unaudited accounts for the year ended 31 October 2021
Academy Of Creative Education Ltd Unaudited accounts Contents
Page
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Academy Of Creative Education Ltd Company Information for the year ended 31 October 2021
Director
Xiang Li
Company Number
SC612303 (Scotland)
Registered Office
Unit 3.1 Flour Mill 34 Commercial Street Dundee DD1 3EJ Scotland
Accountants
Anthony Daniel Associates 10 Julian Place London E14 3AT
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Academy Of Creative Education Ltd Statement of financial position as at 31 October 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Debtors
1 
1 
Cash at bank and in hand
89 
- 
90 
1 
Creditors: amounts falling due within one year
(1,391)
(866)
Net current liabilities
(1,301)
(865)
Net liabilities
(1,301)
(865)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(1,302)
(866)
Shareholders' funds
(1,301)
(865)
For the year ending 31 October 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2022 and were signed on its behalf by
Xiang Li Director Company Registration No. SC612303
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Academy Of Creative Education Ltd Notes to the Accounts for the year ended 31 October 2021
1
Statutory information
Academy Of Creative Education Ltd is a private company, limited by shares, registered in Scotland, registration number SC612303. The registered office is Unit 3.1 Flour Mill, 34 Commercial Street, Dundee, DD1 3EJ, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
4
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Amounts due from group undertakings etc.
1 
1 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other creditors
- 
433 
Loans from directors
538 
- 
Accruals
853 
433 
1,391 
866 
6
Controlling party
The ultimate controlling party is Mr. Xiang Li, who is the director and holds sixty percent of the company's shareholder company named Keass Limited.
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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