Company Registration No. 07823649 (England and Wales)
Be Creative Design Limited
Unaudited accounts
for the year ended 31 October 2023
Be Creative Design Limited
Statement of financial position
as at 31 October 2023
Tangible assets
13,289
4,487
Cash at bank and in hand
246,446
98,792
Creditors: amounts falling due within one year
(223,626)
(106,648)
Net current assets
260,561
173,644
Net assets
273,850
178,131
Called up share capital
2
2
Profit and loss account
273,848
178,129
Shareholders' funds
273,850
178,131
For the year ending 31 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 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 30 July 2024 and were signed on its behalf by
Andreas Bauer
Director
Company Registration No. 07823649
Be Creative Design Limited
Notes to the Accounts
for the year ended 31 October 2023
Be Creative Design Limited is a private company, limited by shares, registered in England and Wales, registration number 07823649. The registered office is College House, Howard Street, Barrow-In-, England, LA14 1NB, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
-
13,595
65,520
79,115
Additions
7,342
-
6,568
13,910
At 31 October 2023
7,342
13,595
72,088
93,025
At 1 November 2022
-
10,536
64,092
74,628
Charge for the year
1,374
1,448
2,286
5,108
At 31 October 2023
1,374
11,984
66,378
79,736
At 31 October 2023
5,968
1,611
5,710
13,289
At 31 October 2022
-
3,059
1,428
4,487
Be Creative Design Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
56,028
16,048
Other debtors
164,207
165,452
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
77,322
122,404
Trade creditors
60,811
2,796
Taxes and social security
50,924
(30,523)
Loans from directors
(49,552)
(51,871)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
51,871
-
2,319
49,552
During the year £2,319 was repaid on the overdrawn director's loan account. At 31 October 2023, there was a balance of £49,552 remaining. This loan is unsecured, accrues interest at the official rate, and is repayable on demand.
8
Average number of employees
During the year the average number of employees was 19 (2022: 19).