Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Creative Interior Designs Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Creative Interior Designs Limited
for the Year Ended 30 November 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Creative Interior Designs Limited for the year ended 30 November 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/ .
This report is made solely to the Board of Directors of Creative Interior Designs Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Creative Interior Designs Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Creative Interior Designs Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Creative Interior Designs Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Creative Interior Designs Limited. You consider that Creative Interior Designs Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Creative Interior Designs Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Nigel RJ Taylor MA ACA T/A AIMS Accountants for Business
6 June 2017
Creative Interior Designs Limited
(Registration number: 04330660)
Abbreviated Balance Sheet at 30 November 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
( |
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Provisions for liabilities |
( |
( |
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Net (liabilities)/assets |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
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Shareholders' (deficit)/funds |
( |
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Approved by the director on
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Mr Simon Harper
Director
2
Creative Interior Designs Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis.The company is dependent on its director's support, which the director is confident will continue for a period of at least 12 months from the approval of these accounts. The director has indicated his present intention to provide adequate finance to enable the company to continue in operational existence and on this basis the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not reflect any adjustments which would have to be made if the going concern basis was not appropriate.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Fixtures and Fittings |
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Motor Vehicles |
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Computer equipment |
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Stock
Deferred tax
Hire purchase and leasing
Creative Interior Designs Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued
Financial instruments
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 December 2015 |
57,372 |
57,372 |
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Additions |
5,000 |
5,000 |
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At 30 November 2016 |
62,372 |
62,372 |
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Depreciation |
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At 1 December 2015 |
39,617 |
39,617 |
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Charge for the year |
3,740 |
3,740 |
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At 30 November 2016 |
43,357 |
43,357 |
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Net book value |
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At 30 November 2016 |
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At 30 November 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Control |
The company is controlled by