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REGISTERED NUMBER: 10929134 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Creations (Beverley) Limited

Creations (Beverley) Limited (Registered number: 10929134)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Creations (Beverley) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: S A Barker





SECRETARY:





REGISTERED OFFICE: Unit 13 Enterprise Park
Beck View Road
Beverley
East Yorkshire
HU17 0JT





REGISTERED NUMBER: 10929134 (England and Wales)





ACCOUNTANTS: Andrew Cooper & Company
Chartered Accountants
650 Anlaby Road
Kingston upon Hull
East Yorkshire
HU3 6UU

Creations (Beverley) Limited (Registered number: 10929134)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,923 7,000

CURRENT ASSETS
Stocks 14,940 9,320
Debtors 5 62,418 58,458
Cash in hand 163 58
77,521 67,836
CREDITORS
Amounts falling due within one year 6 47,247 36,890
NET CURRENT ASSETS 30,274 30,946
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,197

37,946

CREDITORS
Amounts falling due after more than one
year

7

39,589

39,856
NET LIABILITIES (3,392 ) (1,910 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,492 ) (2,010 )
SHAREHOLDERS' FUNDS (3,392 ) (1,910 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Creations (Beverley) Limited (Registered number: 10929134)

Balance Sheet - continued
31 August 2024


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

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

The financial statements were approved by the director and authorised for issue on 3 April 2025 and were signed by:





S A Barker - Director


Creations (Beverley) Limited (Registered number: 10929134)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Creations (Beverley) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

Creations (Beverley) Limited (Registered number: 10929134)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 10,769
DEPRECIATION
At 1 September 2023 3,769
Charge for year 1,077
At 31 August 2024 4,846
NET BOOK VALUE
At 31 August 2024 5,923
At 31 August 2023 7,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 62,418 58,458

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 6,980 9,027
Payments on account 16,889 2,305
Trade creditors 14,223 11,437
Taxation and social security 7,355 12,621
Other creditors 1,800 1,500
47,247 36,890

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 39,589 39,856

8. ULTIMATE CONTROLLING PARTY

The controlling party is S A Barker.