Creative Semiotics Limited 07404009 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is the provision of consultancy services in the field of semiotics. Digita Accounts Production Advanced 6.30.9574.0 true true 07404009 2022-04-01 2023-03-31 07404009 2023-03-31 07404009 bus:CompanySecretaryDirector1 1 2023-03-31 07404009 bus:OrdinaryShareClass1 2023-03-31 07404009 core:CurrentFinancialInstruments 2023-03-31 07404009 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07404009 core:FurnitureFittingsToolsEquipment 2023-03-31 07404009 bus:SmallEntities 2022-04-01 2023-03-31 07404009 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 07404009 bus:FullAccounts 2022-04-01 2023-03-31 07404009 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 07404009 bus:RegisteredOffice 2022-04-01 2023-03-31 07404009 bus:CompanySecretaryDirector1 2022-04-01 2023-03-31 07404009 bus:CompanySecretaryDirector1 1 2022-04-01 2023-03-31 07404009 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 07404009 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07404009 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 07404009 core:OfficeEquipment 2022-04-01 2023-03-31 07404009 countries:AllCountries 2022-04-01 2023-03-31 07404009 bus:CompanySecretaryDirector1 1 2022-03-31 07404009 2021-04-01 2022-03-31 07404009 2022-03-31 07404009 bus:CompanySecretaryDirector1 1 2022-03-31 07404009 bus:OrdinaryShareClass1 2022-03-31 07404009 core:CurrentFinancialInstruments 2022-03-31 07404009 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 07404009 bus:CompanySecretaryDirector1 1 2021-04-01 2022-03-31 07404009 bus:CompanySecretaryDirector1 1 2021-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07404009

Creative Semiotics Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

Creative Semiotics Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 7

 

Creative Semiotics Limited

Company Information

Director

Mr CC Arning

Company secretary

Mr CC Arning

Registered office

82 Harford House
35 Tavistock Crescent
London
W11 1AZ

Accountants

Michaelides Warner & Co
102 Fulham Palace Road
London
W6 9PL

 

Creative Semiotics Limited

(Registration number: 07404009)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

767

-

Current assets

 

Debtors

5

11,250

1,226

Cash at bank and in hand

 

40,430

46,052

 

51,680

47,278

Creditors: Amounts falling due within one year

6

(33,291)

(35,337)

Net current assets

 

18,389

11,941

Net assets

 

19,156

11,941

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

19,155

11,940

Shareholders' funds

 

19,156

11,941

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 October 2023
 

.........................................
Mr CC Arning
Company secretary and director

 

Creative Semiotics Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
82 Harford House
35 Tavistock Crescent
London
W11 1AZ
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements

The director considers that there are no key judgements that management have made in the process of applying the company’s accounting policies and that may have had a significant effect on the amounts recognised in the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of VAT.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

 

Creative Semiotics Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

Creative Semiotics Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like investments, trade and other receivables, cash and bank balances, trade and other creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or cash consolidation expected to be paid or received.

 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

 

Creative Semiotics Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

1,023

1,023

At 31 March 2023

1,023

1,023

Depreciation

Charge for the year

256

256

At 31 March 2023

256

256

Carrying amount

At 31 March 2023

767

767

5

Debtors

Current

2023
£

2022
£

Trade debtors

10,024

-

Other debtors

1,226

1,226

 

11,250

1,226

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

-

1,320

Taxation and social security

11,024

13,088

Accruals and deferred income

1,175

-

Other creditors

21,092

20,929

33,291

35,337

 

Creative Semiotics Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

         

8

Related party transactions

Transactions with the director

2023

At 1 April 2022
£

Advances to director
£

At 31 March 2023
£

Mr CC Arning

Amount owed to/(from) the Director

20,632

163

20,795

       
     

 

2022

At 1 April 2021
£

Advances to director
£

At 31 March 2022
£

Mr CC Arning

Amount owed to/(from) the Director

12,002

8,630

20,632