Silverfin false false 31/08/2023 01/09/2022 31/08/2023 A Cook 05/08/2008 C J Cutler 05/08/2008 24 November 2023 The principal activity of the Company during the financial year was graphic design. 06665085 2023-08-31 06665085 bus:Director1 2023-08-31 06665085 bus:Director2 2023-08-31 06665085 2022-08-31 06665085 core:CurrentFinancialInstruments 2023-08-31 06665085 core:CurrentFinancialInstruments 2022-08-31 06665085 core:ShareCapital 2023-08-31 06665085 core:ShareCapital 2022-08-31 06665085 core:RetainedEarningsAccumulatedLosses 2023-08-31 06665085 core:RetainedEarningsAccumulatedLosses 2022-08-31 06665085 core:OfficeEquipment 2022-08-31 06665085 core:OfficeEquipment 2023-08-31 06665085 2022-09-01 2023-08-31 06665085 bus:FilletedAccounts 2022-09-01 2023-08-31 06665085 bus:SmallEntities 2022-09-01 2023-08-31 06665085 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 06665085 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 06665085 bus:Director1 2022-09-01 2023-08-31 06665085 bus:Director2 2022-09-01 2023-08-31 06665085 core:OfficeEquipment 2022-09-01 2023-08-31 06665085 2021-09-01 2022-08-31 iso4217:GBP xbrli:pure

Company No: 06665085 (England and Wales)

CUCO CREATIVE LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2023
Pages for filing with the registrar

CUCO CREATIVE LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2023

Contents

CUCO CREATIVE LIMITED

BALANCE SHEET

As at 31 August 2023
CUCO CREATIVE LIMITED

BALANCE SHEET (continued)

As at 31 August 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 8,538 9,633
8,538 9,633
Current assets
Debtors 4 58,148 35,703
Cash at bank and in hand 110,434 114,481
168,582 150,184
Creditors: amounts falling due within one year 5 ( 119,670) ( 90,968)
Net current assets 48,912 59,216
Total assets less current liabilities 57,450 68,849
Net assets 57,450 68,849
Capital and reserves
Called-up share capital 1,300 1,300
Profit and loss account 56,150 67,549
Total shareholders' funds 57,450 68,849

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

Directors' responsibilities:

The financial statements of Cuco Creative Limited (registered number: 06665085) were approved and authorised for issue by the Board of Directors on 24 November 2023. They were signed on its behalf by:

A Cook
Director
CUCO CREATIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2023
CUCO CREATIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Cuco Creative Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a basis over its expected useful life, as follows:

Office equipment 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 5 5

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 September 2022 13,742 13,742
Additions 935 935
At 31 August 2023 14,677 14,677
Accumulated depreciation
At 01 September 2022 4,109 4,109
Charge for the financial year 2,030 2,030
At 31 August 2023 6,139 6,139
Net book value
At 31 August 2023 8,538 8,538
At 31 August 2022 9,633 9,633

4. Debtors

2023 2022
£ £
Trade debtors 55,994 33,558
Other debtors 2,154 2,145
58,148 35,703

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 7,615 6,649
Taxation and social security 25,838 19,503
Other creditors 86,217 64,816
119,670 90,968