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REGISTERED NUMBER: 04340447 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2023 TO 30 DECEMBER 2023

FOR

CREATIVE VISION PROMOTIONS LIMITED

CREATIVE VISION PROMOTIONS LIMITED (REGISTERED NUMBER: 04340447)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 January 2023 to 30 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CREATIVE VISION PROMOTIONS LIMITED

COMPANY INFORMATION
for the Period 1 January 2023 to 30 December 2023







DIRECTOR: P A Sheldrake





SECRETARY: Mrs G Sheldrake





REGISTERED OFFICE: Hamilton House
87 - 89 Bell Street
Reigate
Surrey
RH2 7AN





REGISTERED NUMBER: 04340447 (England and Wales)





ACCOUNTANTS: WBD Accountants Limited
Marlbridge House
Enterprise Way
Edenbridge
Kent
TN8 6HF

CREATIVE VISION PROMOTIONS LIMITED (REGISTERED NUMBER: 04340447)

BALANCE SHEET
30 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 539 701

CURRENT ASSETS
Debtors 5 25,994 51,317

CREDITORS
Amounts falling due within one year 6 112,279 134,670
NET CURRENT LIABILITIES (86,285 ) (83,353 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(85,746

)

(82,652

)

CREDITORS
Amounts falling due after more than one year 7 (9,979 ) (11,967 )

PROVISIONS FOR LIABILITIES (103 ) (133 )
NET LIABILITIES (95,828 ) (94,752 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (95,830 ) (94,754 )
SHAREHOLDERS' FUNDS (95,828 ) (94,752 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CREATIVE VISION PROMOTIONS LIMITED (REGISTERED NUMBER: 04340447)

BALANCE SHEET - continued
30 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





P A Sheldrake - Director


CREATIVE VISION PROMOTIONS LIMITED (REGISTERED NUMBER: 04340447)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 January 2023 to 30 December 2023

1. STATUTORY INFORMATION

Creative Vision Promotions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on cost and 20% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

CREATIVE VISION PROMOTIONS LIMITED (REGISTERED NUMBER: 04340447)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 January 2023 to 30 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 2,388
Additions 546
Disposals (661 )
At 30 December 2023 2,273
DEPRECIATION
At 1 January 2023 1,687
Charge for period 708
Eliminated on disposal (661 )
At 30 December 2023 1,734
NET BOOK VALUE
At 30 December 2023 539
At 31 December 2022 701

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 25,994 30,092
Other debtors - 21,225
25,994 51,317

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 21,158 13,633
Trade creditors 11,370 22,234
Taxation and social security 53,210 63,294
Other creditors 26,541 35,509
112,279 134,670

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 9,979 11,967

CREATIVE VISION PROMOTIONS LIMITED (REGISTERED NUMBER: 04340447)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 January 2023 to 30 December 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 December 2023 and the year ended 31 December 2022:

2023 2022
£    £   
P A Sheldrake
Balance outstanding at start of period 21,279 9,968
Amounts advanced 31,992 45,631
Amounts repaid (53,289 ) (34,320 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (18 ) 21,279

9. GOING CONCERN AND FINANCIAL SUPPORT

The Company's abilitity to continue as a going concern is dependent upon the continued support of the Company's director, bankers and other lenders. The director has no reason to believe that sufficient support will not be provided to allow the company to continue trading for the foreseeable future. Accordingly the director considers it appropriate to prepare the financial statements on a going concern basis.

The financial statements do not include any adjustment that would result from the withdrawal of this support.