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Company Registration No. 8408327 (England and Wales)
I CREATIONS LTD Unaudited accounts for the year ended 28 February 2023
I CREATIONS LTD Unaudited accounts Contents
Page
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I CREATIONS LTD Company Information for the year ended 28 February 2023
Director
Kalaiarasi SATHAPPAN
Company Number
8408327 (England and Wales)
Registered Office
61 SHEAVESHILL AVENUE LONDON NW9 6SA
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I CREATIONS LTD Accountants' report
Accountants' report to the director of I CREATIONS LTD on the preparation of the unaudited statutory accounts for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of I CREATIONS LTD for the year ended 28 February 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of I CREATIONS LTD , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of I CREATIONS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than I CREATIONS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that I CREATIONS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of I CREATIONS LTD . You consider that I CREATIONS 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 accounts of I CREATIONS 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 accounts.
22 November 2023
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I CREATIONS LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
307 
890 
Current assets
Cash at bank and in hand
1,902 
8,537 
Creditors: amounts falling due within one year
(1,956)
(10,945)
Net current liabilities
(54)
(2,408)
Net assets/(liabilities)
253 
(1,518)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
153 
(1,618)
Shareholders' funds
253 
(1,518)
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 her 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 22 November 2023 and were signed on its behalf by
Kalaiarasi SATHAPPAN Director Company Registration No. 8408327
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I CREATIONS LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
I CREATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 8408327. The registered office is 61 SHEAVESHILL AVENUE, LONDON, NW9 6SA.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
17,886 
At 28 February 2023
17,886 
Depreciation
At 1 March 2022
16,996 
Charge for the year
583 
At 28 February 2023
17,579 
Net book value
At 28 February 2023
307 
At 28 February 2022
890 
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I CREATIONS LTD Notes to the Accounts for the year ended 28 February 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,833 
8,833 
Taxes and social security
1,119 
562 
Other creditors
(5,996)
1,550 
1,956 
10,945 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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