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REGISTERED NUMBER: 10431116 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2021

for

PDW Creative Materials Ltd

PDW Creative Materials Ltd (Registered number: 10431116)






Contents of the Financial Statements
for the Year Ended 31 October 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

PDW Creative Materials Ltd

Company Information
for the Year Ended 31 October 2021







DIRECTOR: P D Wright





REGISTERED OFFICE: 17 Brooklyn Road
Heath Hayes
Cannock
Staffordshire
WS12 3HP





REGISTERED NUMBER: 10431116 (England and Wales)





ACCOUNTANTS: Taurus Accounting Services
17 Vicars Croft
Rugeley
Staffordshire
WS15 3JU

PDW Creative Materials Ltd (Registered number: 10431116)

Balance Sheet
31 October 2021

31.10.21 31.10.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 330

CURRENT ASSETS
Stocks 3,121 7,184
Debtors 5 546 1,137
Cash at bank 22,690 22,836
26,357 31,157
CREDITORS
Amounts falling due within one year 6 613 3,644
NET CURRENT ASSETS 25,744 27,513
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,744

27,843

CREDITORS
Amounts falling due after more than
one year

7

25,000

25,000
NET ASSETS 744 2,843

PDW Creative Materials Ltd (Registered number: 10431116)

Balance Sheet - continued
31 October 2021

31.10.21 31.10.20
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 743 2,842
744 2,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 22 August 2022 and were signed by:





P D Wright - Director


PDW Creative Materials Ltd (Registered number: 10431116)

Notes to the Financial Statements
for the Year Ended 31 October 2021

1. STATUTORY INFORMATION

PDW Creative Materials Ltd 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture & Fittings - 20% on cost
Office Equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

PDW Creative Materials Ltd (Registered number: 10431116)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

4. TANGIBLE FIXED ASSETS
Furniture Office
& Fittings Equipment Totals
£    £    £   
COST
At 1 November 2020
and 31 October 2021 1,649 1,634 3,283
DEPRECIATION
At 1 November 2020 1,319 1,634 2,953
Charge for year 330 - 330
At 31 October 2021 1,649 1,634 3,283
NET BOOK VALUE
At 31 October 2021 - - -
At 31 October 2020 330 - 330

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.21 31.10.20
£    £   
Trade debtors 546 1,137

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.21 31.10.20
£    £   
Trade creditors 525 174
Taxation and social security 47 2,440
Other creditors 41 1,030
613 3,644

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.21 31.10.20
£    £   
Other creditors 25,000 25,000

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
PDW Creative Materials Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PDW Creative Materials Ltd for the year ended 31 October 2021 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the director of PDW Creative Materials Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PDW Creative Materials Ltd and state those matters that we have agreed to state to the director of PDW Creative Materials Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that PDW Creative Materials Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PDW Creative Materials Ltd. You consider that PDW Creative Materials Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of PDW Creative Materials Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Taurus Accounting Services
17 Vicars Croft
Rugeley
Staffordshire
WS15 3JU


Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
PDW Creative Materials Ltd


22 August 2022