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REGISTERED NUMBER: 08721821 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2023

for

CREATIVEDGE BESPOKE FURNITURE LIMITED

CREATIVEDGE BESPOKE FURNITURE LIMITED (REGISTERED NUMBER: 08721821)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CREATIVEDGE BESPOKE FURNITURE LIMITED

Company Information
for the Year Ended 31 January 2023







DIRECTORS: G B Pisano
M S Pisano
P Pisano





REGISTERED OFFICE: 107 Hindes Road
Harrow
Middlesex
HA1 1RU





BUSINESS ADDRESS: Unit 11/12
Midas Industrial Estate
Off Longbridge Way
Uxbridge
Middlesex
UB8 2YT





REGISTERED NUMBER: 08721821 (England and Wales)





ACCOUNTANTS: Hill Wooldridge & Co.
Chartered Accountants
107 Hindes Road
Harrow
Middlesex
HA1 1RU

CREATIVEDGE BESPOKE FURNITURE LIMITED (REGISTERED NUMBER: 08721821)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,165 60,405

CURRENT ASSETS
Debtors 5 36,264 18,500
Cash at bank and in hand 332,635 262,932
368,899 281,432
CREDITORS
Amounts falling due within one year 6 202,126 169,263
NET CURRENT ASSETS 166,773 112,169
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,938

172,574

CREDITORS
Amounts falling due after more than one
year

7

26,667

67,184
NET ASSETS 206,271 105,390

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 206,171 105,290
SHAREHOLDERS' FUNDS 206,271 105,390

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

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 Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by:





G B Pisano - Director


CREATIVEDGE BESPOKE FURNITURE LIMITED (REGISTERED NUMBER: 08721821)

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

1. STATUTORY INFORMATION

Creativedge Bespoke Furniture 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2022 209,048 24,454 233,502
Additions 26,583 1,232 27,815
At 31 January 2023 235,631 25,686 261,317
DEPRECIATION
At 1 February 2022 156,669 16,428 173,097
Charge for year 19,741 2,314 22,055
At 31 January 2023 176,410 18,742 195,152
NET BOOK VALUE
At 31 January 2023 59,221 6,944 66,165
At 31 January 2022 52,379 8,026 60,405

CREATIVEDGE BESPOKE FURNITURE LIMITED (REGISTERED NUMBER: 08721821)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 February 2022
and 31 January 2023 56,871
DEPRECIATION
At 1 February 2022 26,881
Charge for year 7,498
At 31 January 2023 34,379
NET BOOK VALUE
At 31 January 2023 22,492
At 31 January 2022 29,990

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 34,264 16,500
Other debtors 2,000 2,000
36,264 18,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 30,517 7,782
Trade creditors 6,853 5,402
Taxation and social security 77,535 61,042
Other creditors 77,221 85,037
202,126 169,263

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 26,667 36,667
Hire purchase contracts - 30,517
26,667 67,184