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
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
CREATIVS LABEL LTD
Statement of financial position
as at 31 August 2023
Tangible assets
1,221
1,628
Cash at bank and in hand
9,793
6,119
Creditors: amounts falling due within one year
(99,444)
(133,714)
Net current liabilities
(77,428)
(70,708)
Net liabilities
(76,207)
(69,080)
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
CREATIVS LABEL LTD
Notes to the Accounts
for the year ended 31 August 2023
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.
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
Amounts falling due after more than one year
Trade debtors
6,666
51,330
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
Trade creditors
306
13,843
Loans from directors
100,290
108,944
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).