1 September 2022 false No description of principal activity Taxfiler 2024.5 12171173business:PrivateLimitedCompanyLtd2022-09-012023-08-31 121711732022-08-31 121711732022-09-012023-08-31 12171173business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 12171173business:FilletedAccounts2022-09-012023-08-31 121711732023-08-31 12171173business:Director12022-09-012023-08-31 12171173business:Director22022-09-012023-08-31 12171173business:RegisteredOffice2022-09-012023-08-31 121711732022-08-31 12171173core:WithinOneYear2023-08-31 12171173core:WithinOneYear2022-08-31 12171173core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12171173core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 12171173core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12171173core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 12171173core:PreviouslyStatedAmount2023-08-31 12171173core:PreviouslyStatedAmount2022-08-31 12171173business:SmallEntities2022-09-012023-08-31 12171173countries:EnglandWales2022-09-012023-08-31 12171173core:PlantMachinery2022-09-012023-08-31 12171173core:PlantMachinery2022-08-31 12171173core:PlantMachinery2023-08-31 12171173core:AfterOneYear2023-08-31 12171173core:AfterOneYear2022-08-31 121711732021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 12171173 (England and Wales)
CREATIVS LABEL LTD Unaudited accounts for the year ended 31 August 2023
CREATIVS LABEL LTD Unaudited accounts Contents
Page
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CREATIVS LABEL LTD Company Information for the year ended 31 August 2023
Directors
Tony Longe Nadya Persaud
Company Number
12171173 (England and Wales)
Registered Office
Bloxham Mill Barford Road Bloxham Oxfordshire OX15 4FF United Kingdom
Accountants
Pet Sounds Bloxham Mill Barford Road Bloxham OX15 4FF
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CREATIVS LABEL LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,221 
1,628 
Current assets
Debtors
6,666 
51,330 
Investments
5,557 
5,557 
Cash at bank and in hand
9,793 
6,119 
22,016 
63,006 
Creditors: amounts falling due within one year
(99,444)
(133,714)
Net current liabilities
(77,428)
(70,708)
Net liabilities
(76,207)
(69,080)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(76,209)
(69,082)
Shareholders' funds
(76,207)
(69,080)
For the year ending 31 August 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 30 August 2024 and were signed on its behalf by
Tony Longe Director Company Registration No. 12171173
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CREATIVS LABEL LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
CREATIVS LABEL LTD is a private company, limited by shares, registered in England and Wales, registration number 12171173. The registered office is Bloxham Mill, Barford Road, Bloxham, Oxfordshire, OX15 4FF, 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.
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:
Plant & machinery
25%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
2,895 
At 31 August 2023
2,895 
Depreciation
At 1 September 2022
1,267 
Charge for the year
407 
At 31 August 2023
1,674 
Net book value
At 31 August 2023
1,221 
At 31 August 2022
1,628 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
6,666 
51,330 
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CREATIVS LABEL LTD Notes to the Accounts for the year ended 31 August 2023
6
Investments held as current assets
2023 
2022 
£ 
£ 
Unlisted investments
5,557 
5,557 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(3,102)
9,627 
Trade creditors
306 
13,843 
Loans from directors
100,290 
108,944 
Accruals
1,950 
1,300 
99,444 
133,714 
8
Transactions with related parties
T Longe A director of the company and 50% shareholder received fees from the company on a self-employed basis in respect of services provided outside of his role as a director of the company in the amount of £0 (2022 : £0.) N Persaud A director of the company and 50% shareholder received fees from the company on a self-employed basis in respect of services provided outside of her role as a director of the company in the amount of £0 (2022 : £0).
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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