Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falsetrue2No description of principal activityfalse2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02703515 2023-01-01 2023-12-31 02703515 2022-01-01 2022-12-31 02703515 2023-12-31 02703515 2022-12-31 02703515 c:Director1 2023-01-01 2023-12-31 02703515 d:PatentsTrademarksLicencesConcessionsSimilar 2023-12-31 02703515 d:PatentsTrademarksLicencesConcessionsSimilar 2022-12-31 02703515 d:CurrentFinancialInstruments 2023-12-31 02703515 d:CurrentFinancialInstruments 2022-12-31 02703515 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02703515 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02703515 d:ShareCapital 2023-12-31 02703515 d:ShareCapital 2022-12-31 02703515 d:RetainedEarningsAccumulatedLosses 2023-12-31 02703515 d:RetainedEarningsAccumulatedLosses 2022-12-31 02703515 c:FRS102 2023-01-01 2023-12-31 02703515 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02703515 c:FullAccounts 2023-01-01 2023-12-31 02703515 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02703515 2 2023-01-01 2023-12-31 02703515 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-01-01 2023-12-31 02703515 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 02703515









CREATEHOME LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
CREATEHOME LIMITED
REGISTERED NUMBER: 02703515

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
1,000
1,500

Current assets
  

Debtors: amounts falling due within one year
 5 
139,329
62,813

Cash at bank and in hand
  
111,343
84,675

  
250,672
147,488

Creditors: amounts falling due within one year
 6 
(181,846)
(135,659)

Net current assets
  
 
 
68,826
 
 
11,829

  

Net assets
  
69,826
13,329


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
69,726
13,229

  
69,826
13,329


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 September 2024.




D Gahan
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

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

1.


General information

Createhome Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company’s registered office is 101 New Cavendish Street, 1st Floor South, London W1W 6XH. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

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

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 3

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

4.


Intangible assets




Copyright

£



Cost


At 1 January 2023
5,000



At 31 December 2023

5,000



Amortisation


At 1 January 2023
3,500


Charge for the year on owned assets
500



At 31 December 2023

4,000



Net book value



At 31 December 2023
1,000



At 31 December 2022
1,500




5.


Debtors

2023
2022
£
£


Other debtors
138,064
61,633

Prepayments and accrued income
1,265
1,180

139,329
62,813


Page 4

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

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
16,654
910

Other creditors
105,694
99,808

Accruals and deferred income
59,498
34,941

181,846
135,659


 
Page 5