IRIS Accounts Production v23.4.0.336 08911225 director 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089112252023-02-28089112252024-02-29089112252023-03-012024-02-29089112252022-02-28089112252022-03-012023-02-28089112252023-02-2808911225ns15:EnglandWales2023-03-012024-02-2908911225ns14:PoundSterling2023-03-012024-02-2908911225ns10:Director12023-03-012024-02-2908911225ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2908911225ns10:SmallEntities2023-03-012024-02-2908911225ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2908911225ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2908911225ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2908911225ns10:FullAccounts2023-03-012024-02-2908911225ns5:CurrentFinancialInstruments2024-02-2908911225ns5:CurrentFinancialInstruments2023-02-2808911225ns5:ShareCapital2024-02-2908911225ns5:ShareCapital2023-02-2808911225ns5:RetainedEarningsAccumulatedLosses2024-02-2908911225ns5:RetainedEarningsAccumulatedLosses2023-02-2808911225ns10:RegisteredOffice2023-03-012024-02-2908911225ns5:FurnitureFittings2023-03-012024-02-2908911225ns5:ComputerEquipment2023-03-012024-02-2908911225ns5:FurnitureFittings2023-02-2808911225ns5:ComputerEquipment2023-02-2808911225ns5:FurnitureFittings2024-02-2908911225ns5:ComputerEquipment2024-02-2908911225ns5:FurnitureFittings2023-02-2808911225ns5:ComputerEquipment2023-02-2808911225ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2908911225ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28
REGISTERED NUMBER: 08911225 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

CREATIVESPIRIT DESIGN LIMITED

CREATIVESPIRIT DESIGN LIMITED (REGISTERED NUMBER: 08911225)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


CREATIVESPIRIT DESIGN LIMITED (REGISTERED NUMBER: 08911225)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 428

CURRENT ASSETS
Debtors 5 400 1,224
Cash at bank 50,176 55,192
50,576 56,416
CREDITORS
Amounts falling due within one year 6 16,822 25,963
NET CURRENT ASSETS 33,754 30,453
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,754

30,881

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 33,753 30,880
SHAREHOLDERS' FUNDS 33,754 30,881

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 April 2024 and were signed by:





L A Illsley - Director


CREATIVESPIRIT DESIGN LIMITED (REGISTERED NUMBER: 08911225)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Creativespirit Design Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08911225

Registered office: 38 Kimberley
Birch Hill
Bracknell
Berkshire
RG12 7ZB

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% straight line
Computer equipment - 33.3% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CREATIVESPIRIT DESIGN LIMITED (REGISTERED NUMBER: 08911225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


2. ACCOUNTING POLICIES - continued

Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 200 6,139 6,339
DEPRECIATION
At 1 March 2023 150 5,761 5,911
Charge for year 50 378 428
At 29 February 2024 200 6,139 6,339
NET BOOK VALUE
At 29 February 2024 - - -
At 28 February 2023 50 378 428

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 400 1,224

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 44
Taxation and social security 15,040 22,578
Other creditors 1,782 3,341
16,822 25,963