Company registration number 08293534 (England and Wales)
CREATIVE KEYBOARD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
PAGES FOR FILING WITH REGISTRAR
CREATIVE KEYBOARD LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
CREATIVE KEYBOARD LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CREATIVE KEYBOARD LIMITED FOR THE YEAR ENDED 30 NOVEMBER 2023
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Creative Keyboard Limited for the year ended 30 November 2023 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Creative Keyboard Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Creative Keyboard Limited and state those matters that we have agreed to state to the Board of Directors of Creative Keyboard Limited, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Creative Keyboard Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Creative Keyboard Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Creative Keyboard Limited. You consider that Creative Keyboard Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Creative Keyboard Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kirk Rice LLP
1 March 2024
The Courtyard
High Street
Ascot
Berkshire
SL5 7HP
CREATIVE KEYBOARD LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2023
30 November 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
4
30
362
Current assets
Cash at bank and in hand
260,256
577,612
Creditors: amounts falling due within one year
5
(76,754)
(131,520)
Net current assets
183,502
446,092
Total assets less current liabilities
183,532
446,454
Capital and reserves
Called up share capital
200
200
Capital redemption reserve
6
200
200
Profit and loss reserves
6
183,132
446,054
Total equity
183,532
446,454

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 1 March 2024 and are signed on its behalf by:
Mr J M Dixon
Director
Company Registration No. 08293534
CREATIVE KEYBOARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 3 -
1
Accounting policies
Company information

Creative Keyboard Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Courtyard, High Street, Ascot, Berkshire, SL5 7HP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover relates to income from creative writing and associated work and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised in line with the performance of these services.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
33.33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

 

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

CREATIVE KEYBOARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
1
Accounting policies
(Continued)
- 4 -

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
-
0
-
0
CREATIVE KEYBOARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 5 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2022 and 30 November 2023
9,316
Depreciation and impairment
At 1 December 2022
8,954
Depreciation charged in the year
332
At 30 November 2023
9,286
Carrying amount
At 30 November 2023
30
At 30 November 2022
362
5
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
71,047
126,030
Other creditors
5,707
5,490
76,754
131,520
6
Reserves
Capital redemption reserve

Where shares are redeemed or purchased wholly out of profits available for distribution, a sum equal to the nominal value of the share capital diminished on cancellation of the shares is transferred to the capital redemption reserve.

2023-11-302022-12-01false01 March 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMrs J G DixonMr J M Dixonfalse082935342022-12-012023-11-30082935342023-11-30082935342022-11-3008293534core:OtherPropertyPlantEquipment2023-11-3008293534core:OtherPropertyPlantEquipment2022-11-3008293534core:CurrentFinancialInstrumentscore:WithinOneYear2023-11-3008293534core:CurrentFinancialInstrumentscore:WithinOneYear2022-11-3008293534core:CurrentFinancialInstruments2023-11-3008293534core:CurrentFinancialInstruments2022-11-3008293534core:ShareCapital2023-11-3008293534core:ShareCapital2022-11-3008293534core:CapitalRedemptionReserve2023-11-3008293534core:CapitalRedemptionReserve2022-11-3008293534core:RetainedEarningsAccumulatedLosses2023-11-3008293534core:RetainedEarningsAccumulatedLosses2022-11-3008293534bus:Director22022-12-012023-11-3008293534core:FurnitureFittings2022-12-012023-11-30082935342021-12-012022-11-3008293534core:OtherPropertyPlantEquipment2022-11-3008293534core:OtherPropertyPlantEquipment2022-12-012023-11-3008293534bus:PrivateLimitedCompanyLtd2022-12-012023-11-3008293534bus:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008293534bus:FRS1022022-12-012023-11-3008293534bus:AuditExemptWithAccountantsReport2022-12-012023-11-3008293534bus:Director12022-12-012023-11-3008293534bus:FullAccounts2022-12-012023-11-30xbrli:purexbrli:sharesiso4217:GBP