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REGISTERED NUMBER: 02373883 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

CREACTIVE DESIGN LIMITED

CREACTIVE DESIGN LIMITED (REGISTERED NUMBER: 02373883)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CREACTIVE DESIGN LIMITED

COMPANY INFORMATION
for the year ended 30 April 2024







DIRECTORS: A R Hume
N W Bates



REGISTERED OFFICE: Highdown House
11 Highdown Road
Leamington Spa
Warwickshire
CV31 1XT



REGISTERED NUMBER: 02373883 (England and Wales)



BANKERS: HSBC Bank plc
126 Parade
Leamington Spa
Warwickshire
CV32 4AJ

CREACTIVE DESIGN LIMITED (REGISTERED NUMBER: 02373883)

ABRIDGED BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 231 345

CURRENT ASSETS
Debtors 376,237 485,745
Cash at bank 13,302 6,598
389,539 492,343
CREDITORS
Amounts falling due within one year 105,986 213,051
NET CURRENT ASSETS 283,553 279,292
TOTAL ASSETS LESS CURRENT
LIABILITIES

283,784

279,637

PROVISIONS FOR LIABILITIES 69,583 64,583
NET ASSETS 214,201 215,054

CAPITAL AND RESERVES
Called up share capital 6 50 50
Capital redemption reserve 7 50 50
Retained earnings 7 214,101 214,954
SHAREHOLDERS' FUNDS 214,201 215,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

CREACTIVE DESIGN LIMITED (REGISTERED NUMBER: 02373883)

ABRIDGED BALANCE SHEET - continued
30 April 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





A R Hume - Director


CREACTIVE DESIGN LIMITED (REGISTERED NUMBER: 02373883)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Creactive Design 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.

The principle accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover comprises the value of sales (excluding value added tax, similar taxes and trade discounts) of goods and services provided in the normal course of business. Revenue is recognised when the goods are despatched, which is the same day on which the goods are delivered and hence is the point at which the risks and rewards of ownership passes to the buyer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to properties - over the lease term
Fixtures, fittings and office equipment - 33.3% on reducing balance

Financial instruments
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

Taxation
Taxation for the year 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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CREACTIVE DESIGN LIMITED (REGISTERED NUMBER: 02373883)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023
and 30 April 2024 146,431
DEPRECIATION
At 1 May 2023 146,086
Charge for year 114
At 30 April 2024 146,200
NET BOOK VALUE
At 30 April 2024 231
At 30 April 2023 345

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 60,821 91,232
Between one and five years - 60,821
60,821 152,053

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
75 Ordinary £1 50 50

CREACTIVE DESIGN LIMITED (REGISTERED NUMBER: 02373883)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

7. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 May 2023 214,954 50 215,004
Deficit for the year (853 ) (853 )
At 30 April 2024 214,101 50 214,151

Retained earnings
Retained earnings represent cumulative retained profits and losses from incorporation.

Capital redemption reserve
This reserve represents the nominal value of shares re-acquired by the company since incorporation.

8. CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.