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Company Registration No. 08969288 (England and Wales)
CREATIVITY WORKS PRESTON Unaudited accounts for the year ended 31 July 2025
CREATIVITY WORKS PRESTON Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CREATIVITY WORKS PRESTON Company Information for the year ended 31 July 2025
Director
Steven Egan
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
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CREATIVITY WORKS PRESTON Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
7,369
8,986
Current assets
Debtors
5
5,618
7,116
Cash at bank and in hand
49,561
5,294
55,179
12,410
Creditors: amounts falling due within one year
6
(38,628)
(36,152)
Net current assets/(liabilities)
16,551
(23,742)
Total assets less current liabilities
23,920
(14,756)
Creditors: amounts falling due after more than one year
7
(35,070)
(16,292)
Net liabilities
(11,150)
(31,048)
Capital and reserves
Profit and loss account
(11,150)
(31,048)
Shareholders' funds
(11,150)
(31,048)
For the year ending 31 July 2025 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 8 April 2026 and were signed on its behalf by
Steven Egan Director Company Registration No. 08969288
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CREATIVITY WORKS PRESTON Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
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.
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 Â£ 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 2024
2,159
15,821
17,980
At 31 July 2025
2,159
15,821
17,980
Depreciation
At 1 August 2024
1,896
7,098
8,994
Charge for the year
47
1,570
1,617
At 31 July 2025
1,943
8,668
10,611
Net book value
At 31 July 2025
216
7,153
7,369
At 31 July 2024
263
8,723
8,986
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Trade debtors
3,618
-
Other debtors
2,000
7,116
5,618
7,116
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CREATIVITY WORKS PRESTON Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
10,958
8,757
Other creditors
27,670
27,395
38,628
36,152
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
35,070
16,292
8
Average number of employees
During the year the average number of employees was 20 (2024: 20).
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