IRIS Accounts Production v23.3.0.418 09696346 director 1.8.21 31.7.22 31.7.22 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096963462021-07-31096963462022-07-31096963462021-08-012022-07-31096963462020-07-31096963462020-08-012021-07-31096963462021-07-3109696346ns10:Originalns15:EnglandWales2021-08-012022-07-3109696346ns14:PoundSterlingns10:Original2021-08-012022-07-3109696346ns10:Originalns10:Director12021-08-012022-07-3109696346ns10:Original2021-08-012022-07-3109696346ns10:Original2022-07-3109696346ns10:Originalns10:PrivateLimitedCompanyLtd2021-08-012022-07-3109696346ns10:Originalns10:SmallEntities2021-08-012022-07-3109696346ns10:Originalns10:AuditExempt-NoAccountantsReport2021-08-012022-07-3109696346ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-08-012022-07-3109696346ns10:SmallCompaniesRegimeForAccountsns10:Original2021-08-012022-07-3109696346ns10:Originalns10:FullAccounts2021-08-012022-07-3109696346ns10:Originalns10:OrdinaryShareClass12021-08-012022-07-3109696346ns10:Originalns10:RegisteredOffice2021-08-012022-07-3109696346ns10:Original2021-07-3109696346ns10:Originalns5:CurrentFinancialInstruments2022-07-3109696346ns10:Originalns5:CurrentFinancialInstruments2021-07-3109696346ns10:Originalns5:Non-currentFinancialInstruments2022-07-3109696346ns10:Originalns5:Non-currentFinancialInstruments2021-07-3109696346ns5:ShareCapitalns10:Original2022-07-3109696346ns5:ShareCapitalns10:Original2021-07-3109696346ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3109696346ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-07-3109696346ns10:Originalns5:PlantMachinery2021-08-012022-07-3109696346ns10:Originalns5:ComputerEquipment2021-08-012022-07-3109696346ns10:Original2020-08-012021-07-3109696346ns10:Originalns5:PlantMachinery2021-07-3109696346ns10:Originalns5:ComputerEquipment2021-07-3109696346ns10:Original2021-07-3109696346ns10:Originalns5:PlantMachinery2022-07-3109696346ns10:Originalns5:ComputerEquipment2022-07-3109696346ns10:Originalns5:PlantMachinery2021-07-3109696346ns10:Originalns5:ComputerEquipment2021-07-3109696346ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3109696346ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-07-3109696346ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-07-3109696346ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2021-07-3109696346ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-07-3109696346ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2021-07-3109696346ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-07-3109696346ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2021-07-3109696346ns10:Originalns10:OrdinaryShareClass12022-07-3109696346ns10:Original1ns10:Director12021-07-3109696346ns10:Original1ns10:Director12020-07-3109696346ns10:Original1ns10:Director12021-08-012022-07-3109696346ns10:Original1ns10:Director12020-08-012021-07-3109696346ns10:Original1ns10:Director12022-07-3109696346ns10:Original1ns10:Director12021-07-31
REGISTERED NUMBER: 09696346 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2022

FOR

ADRIAN PAUL CREATIONS LIMITED

ADRIAN PAUL CREATIONS LIMITED (REGISTERED NUMBER: 09696346)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADRIAN PAUL CREATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2022







DIRECTOR: Mr A P Dobson





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 09696346 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certifed Accountants
Solar House
282 Chase Road
London
N14 6NZ

ADRIAN PAUL CREATIONS LIMITED (REGISTERED NUMBER: 09696346)

BALANCE SHEET
31 JULY 2022

31.7.22 31.7.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 946 438

CURRENT ASSETS
Stocks 5 - 50,420
Debtors 6 514,761 441,924
Cash at bank and in hand 50,289 1,269
565,050 493,613
CREDITORS
Amounts falling due within one year 7 498,783 369,829
NET CURRENT ASSETS 66,267 123,784
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,213

124,222

CREDITORS
Amounts falling due after more than one
year

8

28,333

63,665
NET ASSETS 38,880 60,557

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 38,780 60,457
SHAREHOLDERS' FUNDS 38,880 60,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ADRIAN PAUL CREATIONS LIMITED (REGISTERED NUMBER: 09696346)

BALANCE SHEET - continued
31 JULY 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 October 2023 and were signed by:





Mr A P Dobson - Director


ADRIAN PAUL CREATIONS LIMITED (REGISTERED NUMBER: 09696346)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022


1. STATUTORY INFORMATION

Adrian Paul Creations 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 represents amounts derived from the provision of services to customers during the year, and is recognised at the date the service was provided. This is stated after trade discounts, other sales taxes and net of VAT.

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 - 25% on reducing balance
Computer equipment - 33% on reducing balance

Government grants
The Government Grant represents the first year of interest for the company on the Bounce Back Loan (BBL) it received during the year.

The grants are recognised on the accruals basis in the same period as the expenditure that it is expected to compensate for.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

ADRIAN PAUL CREATIONS LIMITED (REGISTERED NUMBER: 09696346)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2022


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 August 2021 1,770 1,060 2,830
Additions - 937 937
At 31 July 2022 1,770 1,997 3,767
DEPRECIATION
At 1 August 2021 1,455 937 2,392
Charge for year 79 350 429
At 31 July 2022 1,534 1,287 2,821
NET BOOK VALUE
At 31 July 2022 236 710 946
At 31 July 2021 315 123 438

5. STOCKS
31.7.22 31.7.21
£    £   
Work-in-progress - 50,420

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.22 31.7.21
£    £   
Trade debtors 60,330 11,972
Directors' current accounts 326,365 292,940
Tax 128,066 116,806
Accrued income - 18,750
Prepayments - 1,456
514,761 441,924

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.22 31.7.21
£    £   
Bank loans and overdrafts 10,000 12,054
Trade creditors 180 179
Tax 102,532 82,022
VAT 358,071 269,074
Other creditors 19,000 -
Accrued expenses 9,000 6,500
498,783 369,829

ADRIAN PAUL CREATIONS LIMITED (REGISTERED NUMBER: 09696346)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2022


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.22 31.7.21
£    £   
Bank loans - 1-2 years 28,333 30,000
Bank loans - 2-5 years - 8,333
Bank loans more 5 yr by instal - 25,332
28,333 63,665

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 25,332

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.22 31.7.21
value: £    £   
100 Ordinary 1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2022 and 31 July 2021:

31.7.22 31.7.21
£    £   
Mr A P Dobson
Balance outstanding at start of year 292,940 303,540
Amounts advanced 33,425 -
Amounts repaid - (10,600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 326,365 292,940

The director was charged £6,367 (2021: £6,823) interest on his overdrawn directors account calculated at HM Revenue & Customs rates.