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Company Registration No. 14400646 (England and Wales)
Creditsu Limited Unaudited accounts for the year ended 31 October 2024
Creditsu Limited Unaudited accounts Contents
Page
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Creditsu Limited Company Information for the year ended 31 October 2024
Director
Damon Hirschl
Company Number
14400646 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU England
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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Creditsu Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
4,800 
12,300 
Cash at bank and in hand
142 
666 
4,942 
12,966 
Creditors: amounts falling due within one year
(1,821)
(1,359)
Net current assets
3,121 
11,607 
Net assets
3,121 
11,607 
Capital and reserves
Called up share capital
102 
102 
Share premium
74,999 
75,000 
Profit and loss account
(71,980)
(63,495)
Shareholders' funds
3,121 
11,607 
For the year ending 31 October 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 27 June 2025 and were signed on its behalf by
Damon Hirschl Director Company Registration No. 14400646
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Creditsu Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Creditsu Limited is a private company, limited by shares, registered in England and Wales, registration number 14400646. The registered office is 20-22 Wenlock Road, London, N1 7GU, England. The company is in the process of being wound up.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
4,800 
12,300 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
461 
- 
Loans from directors
1,000 
1,000 
Accruals
360 
359 
1,821 
1,359 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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