Company Registration No. 10837940 (England and Wales)
Creative Glassworks Ltd
Unaudited accounts
for the year ended 31 May 2024
Creative Glassworks Ltd
Unaudited accounts
Contents
Creative Glassworks Ltd
Company Information
for the year ended 31 May 2024
Company Number
10837940 (England and Wales)
Registered Office
62 VITTORIA STREET
WIRRAL
CH41 3NX
UNITED KINGDOM
Accountants
PAB Consultants
146 Belvidere Road
Wallasey
CH45 4PT
Creative Glassworks Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
9,374
10,876
Cash at bank and in hand
25,810
25,196
Creditors: amounts falling due within one year
(17,875)
(24,825)
Net current assets
23,239
15,513
Total assets less current liabilities
32,613
26,389
Creditors: amounts falling due after more than one year
(32,513)
(36,137)
Net assets/(liabilities)
100
(9,748)
Called up share capital
8
8
Profit and loss account
92
(9,756)
Shareholders' funds
100
(9,748)
For the year ending 31 May 2024 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 16 February 2025 and were signed on its behalf by
C. Milner
Director
Company Registration No. 10837940
Creative Glassworks Ltd
Notes to the Accounts
for the year ended 31 May 2024
Creative Glassworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 10837940. The registered office is 62 VITTORIA STREET, WIRRAL, CH41 3NX, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
11,715
8,475
20,190
At 31 May 2024
12,615
8,475
21,090
At 1 June 2023
7,195
2,119
9,314
Charge for the year
813
1,589
2,402
At 31 May 2024
8,008
3,708
11,716
At 31 May 2024
4,607
4,767
9,374
At 31 May 2023
4,520
6,356
10,876
Creative Glassworks Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,276
4,106
Taxes and social security
2,499
6,900
Other creditors
2,709
1,337
Loans from directors
2,092
5,592
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,713
6,537
Other creditors
15,200
15,200
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).