Company Registration No. 08969288 (England and Wales)
CREATIVITY WORKS PRESTON
Unaudited accounts
for the year ended 31 July 2024
CREATIVITY WORKS PRESTON
Unaudited accounts
Contents
CREATIVITY WORKS PRESTON
Company Information
for the year ended 31 July 2024
Company Number
08969288 (England and Wales)
Registered Office
33 SHEPHERD STREET
PRESTON
PR1 3UE
Accountants
SMART ACCOUNTING (NW) LTD
239 RIBBLETON LANE
PRESTON
PR1 5EA
CREATIVITY WORKS PRESTON
Statement of financial position
as at 31 July 2024
Tangible assets
8,986
10,959
Cash at bank and in hand
5,294
63,520
Creditors: amounts falling due within one year
(36,152)
(46,191)
Net current (liabilities)/assets
(23,742)
26,716
Total assets less current liabilities
(14,756)
37,675
Creditors: amounts falling due after more than one year
(16,292)
(43,349)
Net liabilities
(31,048)
(5,674)
Profit and loss account
(31,048)
(5,674)
Shareholders' funds
(31,048)
(5,674)
For the year ending 31 July 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 20 November 2024 and were signed on its behalf by
Steven Egan
Director
Company Registration No. 08969288
CREATIVITY WORKS PRESTON
Notes to the Accounts
for the year ended 31 July 2024
CREATIVITY WORKS PRESTON is a private company, limited by shares, registered in England and Wales, registration number 08969288. The registered office is 33 SHEPHERD STREET, PRESTON, PR1 3UE.
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:
Plant & machinery
18% on WDV
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
2,159
15,821
17,980
At 31 July 2024
2,159
15,821
17,980
At 1 August 2023
1,838
5,183
7,021
Charge for the year
58
1,915
1,973
At 31 July 2024
1,896
7,098
8,994
At 31 July 2024
263
8,723
8,986
At 31 July 2023
321
10,638
10,959
Amounts falling due after more than one year
CREATIVITY WORKS PRESTON
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,757
40,016
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 20 (2023: 20).