Registered number: 14039041 | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
Prepared By: | ||||||||
DBR Accounts Ltd | ||||||||
Association of Chartered Certified Accountants | ||||||||
1 Station Court | ||||||||
Station Approach | ||||||||
Wickford | ||||||||
Essex | ||||||||
SS11 7AT |
Creativity Hub Promotions Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Essex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 14039041 | ||||||||
ACCOUNTANTS | ||||||||
DBR Accounts Ltd | ||||||||
Association of Chartered Certified Accountants | ||||||||
1 Station Court | ||||||||
Station Approach | ||||||||
Wickford | ||||||||
Essex | ||||||||
SS11 7AT |
Creativity Hub Promotions Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/04/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Creativity Hub Promotions Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
14,938 | 17,742 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (20,501) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | (22,625) | (18,974) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
............................. | ||||||||||
Anthony Highet | ||||||||||
Director | ||||||||||
Creativity Hub Promotions Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
These financial statements have been prepared on the going concern basis despite the losses that have been built. The directors intend to support the company financially in the forseeable future and for not less than at least the next 12 months. |
1c. Depreciation | ||||||||
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. | ||||||||
Equipment | reducing balance25% |
1d. Financial Instruments | ||||||||
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. | ||||||||
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are initially measured at amortised cost. | ||||||||
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 4 | |||||
Creativity Hub Promotions Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/05/2023 | 1,698 | 1,698 | ||
At 30/04/2024 | 1,698 | 1,698 | ||
Depreciation | ||||
At 01/05/2023 | 71 | 71 | ||
For the year | 407 | 407 | ||
At 30/04/2024 | 478 | 478 | ||
Net Book Amounts | ||||
At 30/04/2024 | 1,220 | |||
At 30/04/2023 | 1,627 | |||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | (1,191) | 3,402 | ||||||
Trade debtors | 4,709 | - | ||||||
Deferred taxation | 2,384 | - | ||||||
5,902 | 3,402 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
VAT | 4,437 | - | ||||||
Directors current account - N Lane | 15,358 | 1,255 | ||||||
Directors current account - C Tozer | - | 427 | ||||||
Directors current account - A Highet | 13,012 | 727 | ||||||
Accruals | 1,600 | 1,818 | ||||||
Deferred income | - | 30,766 | ||||||
Amounts due to related companies | 4,276 | 3,250 | ||||||
38,683 | 38,243 | |||||||
Creativity Hub Promotions Limited | ||||||||
6. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | (2,384) | - | ||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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