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Company Registration No. 14062881 (England and Wales)
INNOVATE CREATE MEDIA LTD Annual Report and Unaudited Abridged Financial statement for the year ended 31 October 2023
INNOVATE CREATE MEDIA LTD Annual Report and Unaudited Abridged Financial statement Contents
Page
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INNOVATE CREATE MEDIA LTD Company Information for the year ended 31 October 2023
Director
Vincent Charlton
Company Number
14062881 (England and Wales)
Registered Office
26 DINGWALL ROAD CROYDON CR0 9XF ENGLAND
Accountants
Aczone Consultants 131 South End Croydon England, CR0 1BJ
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INNOVATE CREATE MEDIA LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
25,541 
- 
Creditors: amounts falling due within one year
(478,068)
(477,489)
Net current liabilities
(452,527)
(477,489)
Total assets less current liabilities
(452,527)
(477,489)
Creditors: amounts falling due after more than one year
20,101 
- 
Net liabilities
(432,426)
(477,489)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(432,427)
(477,490)
Shareholders' funds
(432,426)
(477,489)
For the year ending 31 October 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 his 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 and authorised for issue on 31 October 2024 and were signed on its behalf by
Vincent Charlton Director Company Registration No. 14062881
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INNOVATE CREATE MEDIA LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
INNOVATE CREATE MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 14062881. The registered office is 26 DINGWALL ROAD, CROYDON, CR0 9XF, ENGLAND.
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 .
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
277,515 
394,040 
Other creditors
141,554 
24,450 
Loans from directors
49,999 
49,999 
Accruals
9,000 
9,000 
478,068 
477,489 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
(20,101)
- 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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