Company Registration No. SC753225 (Scotland)
Creative Link Graphic & Web Design Ltd
Unaudited accounts
for the year ended 31 December 2023
Creative Link Graphic & Web Design Ltd
Unaudited accounts
Contents
Creative Link Graphic & Web Design Ltd
Company Information
for the year ended 31 December 2023
Company Number
SC753225 (Scotland)
Registered Office
3 Old Toll Cottages
Lennox Road
Haddington
East Lothian
EH41 4AX
Accountants
GF Accountancy Services Ltd
4 Rowanhill Way
Port Seton
East Lothian
EH32 0SZ
Creative Link Graphic & Web Design Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
17,284
Creditors: amounts falling due within one year
(15,098)
Total assets less current liabilities
43,653
Creditors: amounts falling due after more than one year
(22,755)
Profit and loss account
20,897
Shareholders' funds
20,898
For the year ending 31 December 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 12 August 2024 and were signed on its behalf by
Miss L Douglas
Director
Company Registration No. SC753225
Creative Link Graphic & Web Design Ltd
Notes to the Accounts
for the year ended 31 December 2023
Creative Link Graphic & Web Design Ltd is a private company, limited by shares, registered in Scotland, registration number SC753225. The registered office is 3 Old Toll Cottages, Lennox Road, Haddington, East Lothian, EH41 4AX.
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 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is provided on a 20% straight line basis.
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
20% Straight Line
4
Intangible fixed assets
Total
At 31 December 2023
22,300
At 31 December 2023
17,840
Creative Link Graphic & Web Design Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Total
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
(51,313)
(28,558)
(22,755)
-
(51,313)
(28,558)
(22,755)
7
Transactions with related parties
The company was under the control of Miss L Douglas throughout the current period. Miss L Douglas is the managing director and sole shareholder.
Miss L Douglas incorporated her sole trader business and the company commenced trading on 1st January 2023. Net assets totaling £28,689 were transferred to the company on that date along with goodwill in the amount of £22,300. All of these amounts were credited to the directors loan account.
There were various amounts advanced to the company and various amounts repaid to Miss L Douglas. The balance due to Miss L Douglas at the Balance Sheet date was £22,755. This amount is included in creditors due over one year. There is no fixed date for repayment of this loan and no interest was charged on this loan.
8
Average number of employees
During the year the average number of employees was 1.