1 August 2022 false No description of principal activity Taxfiler 2024.1 08969288business:PrivateLimitedCompanyLtd2022-08-012023-07-31 089692882022-07-31 089692882022-08-012023-07-31 08969288business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 08969288business:FilletedAccounts2022-08-012023-07-31 089692882023-07-31 08969288business:Director12022-08-012023-07-31 08969288business:RegisteredOffice2022-08-012023-07-31 089692882022-07-31 08969288core:WithinOneYear2023-07-31 08969288core:WithinOneYear2022-07-31 08969288core:AfterOneYear2023-07-31 08969288core:AfterOneYear2022-07-31 08969288core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 08969288core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 08969288core:PreviouslyStatedAmount2023-07-31 08969288core:PreviouslyStatedAmount2022-07-31 08969288business:SmallEntities2022-08-012023-07-31 08969288countries:EnglandWales2022-08-012023-07-31 08969288core:PlantMachinery2022-08-012023-07-31 08969288core:PlantMachinery2022-07-31 08969288core:ComputerEquipment2022-07-31 08969288core:PlantMachinery2023-07-31 08969288core:ComputerEquipment2023-07-31 08969288core:ComputerEquipment2022-08-012023-07-31 089692882021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 08969288 (England and Wales)
CREATIVITY WORKS PRESTON Unaudited accounts for the year ended 31 July 2023
CREATIVITY WORKS PRESTON Unaudited accounts Contents
Page
- 2 -
CREATIVITY WORKS PRESTON Company Information for the year ended 31 July 2023
Director
Steven Egan
Company Number
08969288 (England and Wales)
Registered Office
33 SHEPHERD STREET PRESTON PR1 3UE
Accountants
SMART ACCOUNTING (NW) LTD 239 RIBBLETON LANE PRESTON PR1 5EA
- 3 -
CREATIVITY WORKS PRESTON Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,959 
13,364 
Current assets
Debtors
9,387 
9,488 
Cash at bank and in hand
63,520 
65,672 
72,907 
75,160 
Creditors: amounts falling due within one year
(46,191)
(83,570)
Net current assets/(liabilities)
26,716 
(8,410)
Total assets less current liabilities
37,675 
4,954 
Creditors: amounts falling due after more than one year
(43,349)
- 
Net (liabilities)/assets
(5,674)
4,954 
Capital and reserves
Profit and loss account
(5,674)
4,954 
Shareholders' funds
(5,674)
4,954 
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 20 February 2024 and were signed on its behalf by
Steven Egan Director Company Registration No. 08969288
- 4 -
CREATIVITY WORKS PRESTON Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
CREATIVITY WORKS PRESTON is a private company, limited by shares, registered in England and Wales, registration number 08969288. The registered office is 33 SHEPHERD STREET, PRESTON, PR1 3UE.
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
18% on WDV
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
2,159 
15,821 
17,980 
At 31 July 2023
2,159 
15,821 
17,980 
Depreciation
At 1 August 2022
1,768 
2,848 
4,616 
Charge for the year
70 
2,335 
2,405 
At 31 July 2023
1,838 
5,183 
7,021 
Net book value
At 31 July 2023
321 
10,638 
10,959 
At 31 July 2022
391 
12,973 
13,364 
- 5 -
CREATIVITY WORKS PRESTON Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
101 
Other debtors
- 
9,387 
- 
9,488 
Amounts falling due after more than one year
Other debtors
9,387 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
37,580 
Trade creditors
6,175 
25,999 
Taxes and social security
40,016 
3,578 
Other creditors
- 
16,413 
46,191 
83,570 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
26,936 
- 
Other creditors
16,413 
- 
43,349 
- 
8
Average number of employees
During the year the average number of employees was 20 (2022: 20).
- 6 -