IRIS Accounts Production v23.4.0.336 06944530 director 1.7.22 30.6.23 30.6.23 false true false false true false ord £1 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069445302022-06-30069445302023-06-30069445302022-07-012023-06-30069445302021-06-30069445302021-07-012022-06-30069445302022-06-3006944530ns15:EnglandWales2022-07-012023-06-3006944530ns14:PoundSterling2022-07-012023-06-3006944530ns10:Director12022-07-012023-06-3006944530ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3006944530ns10:SmallEntities2022-07-012023-06-3006944530ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3006944530ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3006944530ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3006944530ns10:FullAccounts2022-07-012023-06-3006944530ns10:OrdinaryShareClass12022-07-012023-06-3006944530ns10:CompanySecretary12022-07-012023-06-3006944530ns10:RegisteredOffice2022-07-012023-06-3006944530ns5:CurrentFinancialInstruments2023-06-3006944530ns5:CurrentFinancialInstruments2022-06-3006944530ns5:Non-currentFinancialInstruments2023-06-3006944530ns5:Non-currentFinancialInstruments2022-06-3006944530ns5:ShareCapital2023-06-3006944530ns5:ShareCapital2022-06-3006944530ns5:RetainedEarningsAccumulatedLosses2023-06-3006944530ns5:RetainedEarningsAccumulatedLosses2022-06-3006944530ns5:PlantMachinery2022-07-012023-06-3006944530ns5:MotorVehicles2022-07-012023-06-3006944530ns5:PlantMachinery2022-06-3006944530ns5:FurnitureFittings2022-06-3006944530ns5:MotorVehicles2022-06-3006944530ns5:ComputerEquipment2022-06-3006944530ns5:FurnitureFittings2022-07-012023-06-3006944530ns5:ComputerEquipment2022-07-012023-06-3006944530ns5:PlantMachinery2023-06-3006944530ns5:FurnitureFittings2023-06-3006944530ns5:MotorVehicles2023-06-3006944530ns5:ComputerEquipment2023-06-3006944530ns5:PlantMachinery2022-06-3006944530ns5:FurnitureFittings2022-06-3006944530ns5:MotorVehicles2022-06-3006944530ns5:ComputerEquipment2022-06-3006944530ns10:OrdinaryShareClass12023-06-3006944530ns5:RetainedEarningsAccumulatedLosses2022-06-3006944530ns5:RetainedEarningsAccumulatedLosses2022-07-012023-06-30
REGISTERED NUMBER: 06944530 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Creative Cabinets Limited

Creative Cabinets Limited (Registered number: 06944530)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Creative Cabinets Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: C Clemaron





SECRETARY: C Clemaron





REGISTERED OFFICE: Unit 3a Foundry Lane
Horsham
West Sussex
RH13 5PX





REGISTERED NUMBER: 06944530 (England and Wales)





ACCOUNTANTS: A S TAXATION LIMITED
59 Lancaster Avenue
Guildford
Surrey
GU1 3JR

Creative Cabinets Limited (Registered number: 06944530)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,376 74,184

CURRENT ASSETS
Debtors 5 95 95
Cash at bank 7,551 3,437
7,646 3,532
CREDITORS
Amounts falling due within one year 6 123,744 156,115
NET CURRENT LIABILITIES (116,098 ) (152,583 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(50,722

)

(78,399

)

CREDITORS
Amounts falling due after more than one year 7 8,238 13,895
NET LIABILITIES (58,960 ) (92,294 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 (58,961 ) (92,295 )
SHAREHOLDERS' FUNDS (58,960 ) (92,294 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 February 2024 and were signed by:





C Clemaron - Director


Creative Cabinets Limited (Registered number: 06944530)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Creative Cabinets 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.
Plant and machinery - 10% on cost
Motor vehicles - 20% on reducing balance

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Creative Cabinets Limited (Registered number: 06944530)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2022 108,996 1,755 15,044 632 126,427
Additions 1,863 - - - 1,863
At 30 June 2023 110,859 1,755 15,044 632 128,290
DEPRECIATION
At 1 July 2022 44,518 1,755 5,338 632 52,243
Charge for year 9,167 - 1,504 - 10,671
At 30 June 2023 53,685 1,755 6,842 632 62,914
NET BOOK VALUE
At 30 June 2023 57,174 - 8,202 - 65,376
At 30 June 2022 64,478 - 9,706 - 74,184

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 95 95

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 27,248 36,027
Hire purchase contracts 6,405 7,991
Trade creditors 872 872
VAT 18,952 15,091
Directors' current accounts 64,650 86,582
Accrued expenses 5,617 9,552
123,744 156,115

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.23 30.6.22
£    £   
Hire purchase contracts 8,238 13,895

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
1 ord £1 £1 1 1

Creative Cabinets Limited (Registered number: 06944530)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

9. RESERVES
Retained
earnings
£   

At 1 July 2022 (92,295 )
Profit for the year 33,334
At 30 June 2023 (58,961 )