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Company Registration No. 07047269 (England and Wales)
ABRAKADABRA CREATIONS LTD Unaudited accounts for the year ended 29 October 2023
ABRAKADABRA CREATIONS LTD Unaudited accounts Contents
Page
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ABRAKADABRA CREATIONS LTD Company Information for the year ended 29 October 2023
Directors
Natalya Zinko Oleg Zinko
Company Number
07047269 (England and Wales)
Registered Office
Unit 1&1a Lower Park Trading Estate Park Royal Road Acton LONDON W3 6XA ENGLAND
Accountants
Best Solutions Consulting Ltd 100 Bollo Lane London W4 5LX
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ABRAKADABRA CREATIONS LTD Statement of financial position as at 29 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,824 
3,824 
Tangible assets
621,799 
639,389 
625,623 
643,213 
Current assets
Debtors
172,112 
110,567 
Cash at bank and in hand
80,542 
55,505 
252,654 
166,072 
Creditors: amounts falling due within one year
(183,029)
(79,492)
Net current assets
69,625 
86,580 
Total assets less current liabilities
695,248 
729,793 
Creditors: amounts falling due after more than one year
(4,164,321)
(4,112,123)
Net liabilities
(3,469,073)
(3,382,330)
Capital and reserves
Called up share capital
200,000 
200,000 
Capital contribution reserve
596,012 
596,012 
Profit and loss account
(4,265,085)
(4,178,342)
Shareholders' funds
(3,469,073)
(3,382,330)
For the year ending 29 October 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 directors acknowledge their 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 of Directors and authorised for issue on 19 June 2024 and were signed on its behalf by
Natalya Zinko Director Company Registration No. 07047269
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ABRAKADABRA CREATIONS LTD Notes to the Accounts for the year ended 29 October 2023
1
Statutory information
ABRAKADABRA CREATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 07047269. The registered office is Unit 1&1a Lower Park Trading Estate, Park Royal Road, Acton, LONDON, W3 6XA, ENGLAND.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 30 October 2022
3,824 
At 29 October 2023
3,824 
Amortisation
At 30 October 2022
- 
At 29 October 2023
- 
Net book value
At 29 October 2023
3,824 
At 29 October 2022
3,824 
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ABRAKADABRA CREATIONS LTD Notes to the Accounts for the year ended 29 October 2023
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 30 October 2022
806,000 
2,057 
9,741 
817,798 
At 29 October 2023
806,000 
2,057 
9,741 
817,798 
Depreciation
At 30 October 2022
176,379 
1,197 
833 
178,409 
Charge for the year
15,806 
86 
1,698 
17,590 
At 29 October 2023
192,185 
1,283 
2,531 
195,999 
Net book value
At 29 October 2023
613,815 
774 
7,210 
621,799 
At 29 October 2022
629,621 
860 
8,908 
639,389 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
172,112 
110,567 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
31,472 
39,779 
Trade creditors
23,024 
9,704 
Taxes and social security
31,990 
(4,574)
Other creditors
3,709 
4,778 
Loans from directors
92,834 
29,805 
183,029 
79,492 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
3,401,559 
3,401,559 
Loans from directors
762,762 
710,564 
4,164,321 
4,112,123 
9
Average number of employees
During the year the average number of employees was 13 (2022: 19).
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