IRIS Accounts Production v23.3.1.45 07855098 director 30.11.21 27.11.22 27.11.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078550982021-11-29078550982022-11-27078550982021-11-302022-11-27078550982020-11-29078550982020-11-302021-11-29078550982021-11-2907855098ns10:Originalns15:EnglandWales2021-11-302022-11-2707855098ns14:PoundSterlingns10:Original2021-11-302022-11-2707855098ns10:Originalns10:Director12021-11-302022-11-2707855098ns10:Original2021-11-302022-11-2707855098ns10:Original2022-11-2707855098ns10:Originalns10:PrivateLimitedCompanyLtd2021-11-302022-11-2707855098ns10:Originalns10:SmallEntities2021-11-302022-11-2707855098ns10:Originalns10:AuditExempt-NoAccountantsReport2021-11-302022-11-2707855098ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-11-302022-11-2707855098ns10:SmallCompaniesRegimeForAccountsns10:Original2021-11-302022-11-2707855098ns10:Originalns10:FullAccounts2021-11-302022-11-2707855098ns10:Original12021-11-302022-11-2707855098ns10:Originalns10:RegisteredOffice2021-11-302022-11-2707855098ns10:Original2021-11-2907855098ns10:Originalns5:CurrentFinancialInstruments2022-11-2707855098ns10:Originalns5:CurrentFinancialInstruments2021-11-2907855098ns5:ShareCapitalns10:Original2022-11-2707855098ns5:ShareCapitalns10:Original2021-11-2907855098ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-11-2707855098ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-11-2907855098ns10:Originalns5:NetGoodwill2021-11-302022-11-2707855098ns5:IntangibleAssetsOtherThanGoodwillns10:Original2021-11-302022-11-2707855098ns10:Original2020-11-302021-11-2907855098ns10:Originalns5:NetGoodwill2021-11-2907855098ns10:Originalns5:NetGoodwill2022-11-2707855098ns10:Originalns5:NetGoodwill2021-11-2907855098ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-2707855098ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-11-2907855098ns10:Original1ns10:Director12021-11-2907855098ns10:Original1ns10:Director12020-11-2907855098ns10:Original1ns10:Director12021-11-302022-11-2707855098ns10:Original1ns10:Director12020-11-302021-11-2907855098ns10:Original1ns10:Director12022-11-2707855098ns10:Original1ns10:Director12021-11-29
REGISTERED NUMBER: 07855098 (England and Wales)













LEARNING CREATIVE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

30 NOVEMBER 2021 TO 27 NOVEMBER 2022






LEARNING CREATIVE LIMITED (REGISTERED NUMBER: 07855098)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 NOVEMBER 2021 TO 27 NOVEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


LEARNING CREATIVE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 30 NOVEMBER 2021 TO 27 NOVEMBER 2022







DIRECTOR: M Shaloe





REGISTERED OFFICE: 255 Green Lanes
Palmers Green
London
N13 4XE





REGISTERED NUMBER: 07855098 (England and Wales)





ACCOUNTANTS: John Crook & Partners
Chartered Accountants
255 Green Lanes
Palmers Green
London
N13 4XE

LEARNING CREATIVE LIMITED (REGISTERED NUMBER: 07855098)

BALANCE SHEET
27 NOVEMBER 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 5 4,257 10,700
Cash at bank - 119
4,257 10,819
CREDITORS
Amounts falling due within one year 6 4,220 10,725
NET CURRENT ASSETS 37 94
TOTAL ASSETS LESS CURRENT
LIABILITIES

37

94

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 27 84
SHAREHOLDERS' FUNDS 37 94

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 November 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 9 February 2024 and were signed by:





M Shaloe - Director


LEARNING CREATIVE LIMITED (REGISTERED NUMBER: 07855098)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 NOVEMBER 2021 TO 27 NOVEMBER 2022

1. STATUTORY INFORMATION

Learning Creative 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

Turnover
Turnover represents sales, excluding either output tax or VAT imputed under the flat rate Value Added Tax schemes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2021 - 1 ) .

LEARNING CREATIVE LIMITED (REGISTERED NUMBER: 07855098)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 NOVEMBER 2021 TO 27 NOVEMBER 2022

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 30 November 2021
and 27 November 2022 10,000
AMORTISATION
At 30 November 2021
and 27 November 2022 10,000
NET BOOK VALUE
At 27 November 2022 -
At 29 November 2021 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors - 2,300
Other debtors 829 829
Directors' current accounts 3,428 7,571
4,257 10,700

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Corporation tax 1,679 4,943
Other creditors 2,541 5,782
4,220 10,725

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 27 November 2022 and the year ended 29 November 2021:

2022 2021
£    £   
M Shaloe
Balance outstanding at start of period 7,571 -
Amounts advanced 3,428 7,571
Amounts repaid (7,571 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 3,428 7,571

8. ULTIMATE CONTROLLING PARTY

The controlling party is M Shaloe.