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Company Registration No. 12383736 (England and Wales)
The Creation Company (2020) Ltd Unaudited accounts for the year ended 31 March 2024
The Creation Company (2020) Ltd Unaudited accounts Contents
Page
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The Creation Company (2020) Ltd Company Information for the year ended 31 March 2024
Director
Douglas Mather
Company Number
12383736 (England and Wales)
Registered Office
124 City Road London EC1V 2NX England
Accountants
Yukimi Rabnott FCPFA for and on behalf of On The Spot Trading Name of Carson Rabnott Limited EC2Y 8BY
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The Creation Company (2020) Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,788 
2,029 
Tangible assets
3,219 
2,903 
5,007 
4,932 
Current assets
Debtors
- 
902 
Cash at bank and in hand
1,007 
642 
1,007 
1,544 
Creditors: amounts falling due within one year
(4,272)
(9,857)
Net current liabilities
(3,265)
(8,313)
Total assets less current liabilities
1,742 
(3,381)
Creditors: amounts falling due after more than one year
(1,741)
(3,638)
Net assets/(liabilities)
1 
(7,019)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
- 
(7,020)
Shareholders' funds
1 
(7,019)
For the year ending 31 March 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 10 March 2025 and were signed on its behalf by
Douglas Mather Director Company Registration No. 12383736
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The Creation Company (2020) Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
The Creation Company (2020) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12383736. The registered office is 124 City Road, London, EC1V 2NX, 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 as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
3 years straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
3 years straight line
Intangible fixed assets
Intangible fixed assets (trademarks) are included at cost less accumulated amortisation. Intangible fixed assets are amortised on a straight line basis over its estimated useful economic life of 10 years.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
2,410 
At 31 March 2024
2,410 
Amortisation
At 1 April 2023
381 
Charge for the year
241 
At 31 March 2024
622 
Net book value
At 31 March 2024
1,788 
At 31 March 2023
2,029 
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The Creation Company (2020) Ltd Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
3,954 
1,662 
396 
6,012 
Additions
1,711 
- 
- 
1,711 
At 31 March 2024
5,665 
1,662 
396 
7,723 
Depreciation
At 1 April 2023
2,008 
925 
176 
3,109 
Charge for the year
1,079 
184 
132 
1,395 
At 31 March 2024
3,087 
1,109 
308 
4,504 
Net book value
At 31 March 2024
2,578 
553 
88 
3,219 
At 31 March 2023
1,946 
737 
220 
2,903 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
902 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,076 
1,969 
Trade creditors
881 
255 
Taxes and social security
(138)
530 
Other creditors
774 
970 
Loans from directors
679 
6,133 
4,272 
9,857 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,741 
3,638 
9
Transactions with related parties
There were no material transactions with directors and shareholders that were not conducted under normal market conditions.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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