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REGISTERED NUMBER: 00589742 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CREAM DESIGN LIMITED

CREAM DESIGN LIMITED (REGISTERED NUMBER: 00589742)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CREAM DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Ms H G Waring
Mr B J Firth





SECRETARY: Mr N A Linkleter





REGISTERED OFFICE: 7-11 Cross Street
Reading
Berkshire
RG1 1ST





REGISTERED NUMBER: 00589742 (England and Wales)

CREAM DESIGN LIMITED (REGISTERED NUMBER: 00589742)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,902 466

CURRENT ASSETS
Stocks - 1,932
Debtors 5 63,193 36,914
Cash at bank and in hand 95,766 125,294
158,959 164,140
CREDITORS
Amounts falling due within one year 6 51,803 65,786
NET CURRENT ASSETS 107,156 98,354
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,058

98,820

CAPITAL AND RESERVES
Called up share capital 1,600 1,600
Capital redemption reserve 8,400 8,400
Retained earnings 101,058 88,820
SHAREHOLDERS' FUNDS 111,058 98,820

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CREAM DESIGN LIMITED (REGISTERED NUMBER: 00589742)

BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by:





Ms H G Waring - Director


CREAM DESIGN LIMITED (REGISTERED NUMBER: 00589742)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Cream Design Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 00589742 and the registered office is 7-11 Cross Street, Reading, Berkshire, RG1 1ST.

The principal activity of the company is graphic designers.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding VAT, having regard to the fulfilment of contractual obligations.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on cost and 25% on reducing balance

Work in progress
Work in progress is valued initially at cost, with adjustments made to take into consideration profits or losses attributable to the stage of completion on a contract by contract basis.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern basis of accounting
The directors are not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading. The preparation of the financial statements on the going concern basis is therefore deemed appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

CREAM DESIGN LIMITED (REGISTERED NUMBER: 00589742)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 6,061 13,689 19,750
Additions - 3,998 3,998
At 31 December 2023 6,061 17,687 23,748
DEPRECIATION
At 1 January 2023 5,963 13,321 19,284
Charge for year 27 535 562
At 31 December 2023 5,990 13,856 19,846
NET BOOK VALUE
At 31 December 2023 71 3,831 3,902
At 31 December 2022 98 368 466

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 57,082 30,419
Other debtors 6,111 6,495
63,193 36,914

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 2,658 6,514
Taxation and social security 25,620 33,837
Other creditors 23,525 25,435
51,803 65,786

CREAM DESIGN LIMITED (REGISTERED NUMBER: 00589742)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 14,587 14,332
Between one and five years 63,698 8,460
78,285 22,792