Company Registration No. 11382895 (England and Wales)
A Creative Cog Ltd
Unaudited accounts
for the year ended 31 May 2023
A Creative Cog Ltd
Unaudited accounts
Contents
A Creative Cog Ltd
Company Information
for the year ended 31 May 2023
Company Number
11382895 (England and Wales)
Registered Office
124 CITY ROAD
LONDON
EC1V 2NX
ENGLAND
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
A Creative Cog Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
6,577
5,207
Cash at bank and in hand
226,804
214,541
Creditors: amounts falling due within one year
(57,763)
(52,780)
Net current assets
227,934
222,781
Net assets
234,511
227,988
Called up share capital
200
200
Share premium
199,900
199,900
Profit and loss account
34,411
27,888
Shareholders' funds
234,511
227,988
For the year ending 31 May 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 13 December 2023 and were signed on its behalf by
Hu Loh
Director
Company Registration No. 11382895
A Creative Cog Ltd
Notes to the Accounts
for the year ended 31 May 2023
A Creative Cog Ltd is a private company, limited by shares, registered in England and Wales, registration number 11382895. The registered office is 124 CITY ROAD, LONDON, EC1V 2NX, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
A Creative Cog Ltd
Notes to the Accounts
for the year ended 31 May 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
9,288
11,870
8,839
29,997
Additions
1,509
428
4,042
5,979
At 31 May 2023
10,797
12,298
12,881
35,976
At 1 June 2022
7,749
10,432
6,609
24,790
Charge for the year
1,285
1,021
2,303
4,609
At 31 May 2023
9,034
11,453
8,912
29,399
At 31 May 2023
1,763
845
3,969
6,577
At 31 May 2022
1,539
1,438
2,230
5,207
Amounts falling due within one year
Trade debtors
10,510
38,618
Accrued income and prepayments
20,906
18,902
Other debtors
24,305
3,500
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
16,051
17,467
Taxes and social security
31,083
31,723
Other creditors
5,933
3,590
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
Hu Loh is the ultimate controlling party by virtue of their 100% shareholding. Hu Loh holds 200 Ordinary shares with a nominal
value of £1 per share. Aggregate amount paid for these shares is £200,100.
On 25/05/2018 100 ordinary shares of £1 each were allotted on incorporation, and fully paid at par for a total of £100;
On 06/06/2018 100 ordinary shares of £1 each were allotted, and fully paid at £2,000 per share, for a total of £200,000
A Creative Cog Ltd
Notes to the Accounts
for the year ended 31 May 2023
9
Average number of employees
During the year the average number of employees was 7 (2022: 7).