2022-03-01 04167387 2023-02-28 04167387 2022-03-01 2023-02-28 04167387 2022-02-28 04167387 2021-03-01 2022-02-28 04167387 uk-core:WithinOneYear 2022-02-28 04167387 uk-core:WithinOneYear 2023-02-28 04167387 uk-core:ShareCapital 2023-02-28 04167387 uk-core:ShareCapital 2022-02-28 04167387 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 04167387 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 04167387 uk-bus:Director1 2022-03-01 2023-02-28 04167387 uk-bus:Director2 2022-03-01 2023-02-28 04167387 uk-core:ComputerEquipment 2022-03-01 2023-02-28 04167387 uk-core:FurnitureFittings 2022-03-01 2023-02-28 04167387 uk-core:ComputerEquipment 2022-02-28 04167387 uk-core:FurnitureFittings 2022-02-28 04167387 uk-core:FurnitureFittings 2023-02-28 04167387 uk-core:ComputerEquipment 2023-02-28 iso4217:GBP xbrli:pure 04167387 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 04167387 uk-bus:FRS102 2022-03-01 2023-02-28 04167387 uk-bus:FullAccounts 2022-03-01 2023-02-28 04167387 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
Bullet Creative Limited
Registered Number:04167387
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
Bullet Creative Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04167387
As at 28 February 2023
Bullet Creative Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
3,989
2,919
2
3,989
2,919
Current assets
Trade and other receivables
17,739
8,864
3
23,092
Cash and cash equivalents
19,536
28,400
40,831
Trade and other payables: amounts falling due within one
year
(39,942)
(27,860)
4
889
540
Net current assets
Total assets less current liabilities
4,529
3,808
(758)
(555)
Provisions for liabilities
3,771
Net assets
3,253
Capital and reserves
Called up share capital
120
120
Retained earnings
3,651
3,133
3,771
3,253
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
P R J Ashurst Director
K J Barber Director
These financial statements were approved and authorised for issue by the Board on 28 November 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2023
Bullet Creative Limited
Notes to the Financial Statements
Statutory Information
Bullet Creative Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04167387.
Registered address:
18 Stonecrop Road
Guildford
Surrey
United Kingdom
GU4 7XS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover is measured at the fair value of the consideration receivable on services provided, excluding value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer Equipment
25% Straight line
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 28 February 2023
Bullet Creative Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 March 2022
93,306
90,834
2,472
2,901
2,901
-
Additions
At 28 February 2023
2,472
93,735
96,207
Provision for depreciation and impairment
At 01 March 2022
90,387
87,916
2,471
Charge for year
1,831
1,831
-
At 28 February 2023
92,218
89,747
2,471
At 28 February 2023
Net book value
1
3,988
3,989
At 28 February 2022
1
2,918
2,919
3. Trade and other receivables
2022
2023
£
£
Trade debtors
1,255
11,744
Other debtors
7,609
5,995
17,739
8,864
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
397
12
Taxation and social security
7,219
12,804
Other creditors
20,244
27,126
27,860
39,942
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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