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Company Registration No. 10873618 (England and Wales)
Mr B Creative Ltd Unaudited accounts for the year ended 31 July 2023
Mr B Creative Ltd Unaudited accounts Contents
Page
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Mr B Creative Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
65 
801 
Current assets
Debtors
9,650 
7,850 
Cash at bank and in hand
8,808 
20,205 
18,458 
28,055 
Creditors: amounts falling due within one year
(7,098)
(12,343)
Net current assets
11,360 
15,712 
Total assets less current liabilities
11,425 
16,513 
Creditors: amounts falling due after more than one year
(14,167)
(16,167)
Net (liabilities)/assets
(2,742)
346 
Capital and reserves
Profit and loss account
(2,742)
346 
Shareholders' funds
(2,742)
346 
For the year ending 31 July 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 his 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 12 April 2024 and were signed on its behalf by
Ben Cumberbatch Director Company Registration No. 10873618
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Mr B Creative Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Mr B Creative Ltd is a private company, limited by shares, registered in England and Wales, registration number 10873618. The registered office is 62 MOLESEY ROAD, HERSHAM, WALTON-ON-THAMES, KT12 4RG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
50
Computer equipment
50
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2022
6,865 
Additions
129 
At 31 July 2023
6,994 
Depreciation
At 1 August 2022
6,064 
Charge for the year
865 
At 31 July 2023
6,929 
Net book value
At 31 July 2023
65 
At 31 July 2022
801 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,650 
7,850 
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Mr B Creative Ltd Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
5,302 
7,217 
Loans from directors
1,796 
4,176 
Accruals
- 
950 
7,098 
12,343 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,167 
- 
Other creditors
- 
16,167 
14,167 
16,167 
Aggregate of amounts that fall due for payment after five years
4,167 
6,167 
This is a Bounceback loan taken during the COVID emergency repayable at a rate of £2000 PA
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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