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REGISTERED NUMBER: 08721821 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2024

for

CREATIVEDGE BESPOKE FURNITURE LIMITED

CREATIVEDGE BESPOKE FURNITURE LIMITED (REGISTERED NUMBER: 08721821)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CREATIVEDGE BESPOKE FURNITURE LIMITED

Company Information
for the Year Ended 31 January 2024







DIRECTORS: G B Pisano
M S Pisano
P Pisano





REGISTERED OFFICE: 107 Hindes Road
Harrow
Middlesex
HA1 1RU





BUSINESS ADDRESS: Unit 11/12
Midas Industrial Estate
Off Longbridge Way
Uxbridge
Middlesex
UB8 2YT





REGISTERED NUMBER: 08721821 (England and Wales)





ACCOUNTANTS: Hill Wooldridge & Co.
Chartered Accountants
107 Hindes Road
Harrow
Middlesex
HA1 1RU

CREATIVEDGE BESPOKE FURNITURE LIMITED (REGISTERED NUMBER: 08721821)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 141,531 66,165

CURRENT ASSETS
Debtors 5 133,446 36,264
Cash at bank and in hand 458,831 332,635
592,277 368,899
CREDITORS
Amounts falling due within one year 6 208,127 202,126
NET CURRENT ASSETS 384,150 166,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

525,681

232,938

CREDITORS
Amounts falling due after more than one
year

7

104,618

26,667
NET ASSETS 421,063 206,271

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 420,963 206,171
SHAREHOLDERS' FUNDS 421,063 206,271

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 4 April 2024 and were signed on its behalf by:





G B Pisano - Director


CREATIVEDGE BESPOKE FURNITURE LIMITED (REGISTERED NUMBER: 08721821)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Creativedge Bespoke Furniture 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
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2023 235,631 25,686 261,317
Additions 112,948 - 112,948
Disposals (180,516 ) - (180,516 )
At 31 January 2024 168,063 25,686 193,749
DEPRECIATION
At 1 February 2023 176,410 18,742 195,152
Charge for year 17,136 1,736 18,872
Eliminated on disposal (161,806 ) - (161,806 )
At 31 January 2024 31,740 20,478 52,218
NET BOOK VALUE
At 31 January 2024 136,323 5,208 141,531
At 31 January 2023 59,221 6,944 66,165

CREATIVEDGE BESPOKE FURNITURE LIMITED (REGISTERED NUMBER: 08721821)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 February 2023 56,871
Additions 112,948
Disposals (56,871 )
At 31 January 2024 112,948
DEPRECIATION
At 1 February 2023 34,379
Charge for year 8,882
Eliminated on disposal (38,596 )
At 31 January 2024 4,665
NET BOOK VALUE
At 31 January 2024 108,283
At 31 January 2023 22,492

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 124,997 34,264
Other debtors 8,449 2,000
133,446 36,264

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 3,907 30,517
Trade creditors 15,721 6,853
Taxation and social security 152,913 77,535
Other creditors 25,586 77,221
208,127 202,126

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 16,667 26,667
Hire purchase contracts 87,951 -
104,618 26,667