Company Registration No. 07630354 (England and Wales)
CREATIVE TECHNOLOGIES AND SYSTEMS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 MARCH 2016
CREATIVE TECHNOLOGIES AND SYSTEMS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
CREATIVE TECHNOLOGIES AND SYSTEMS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
29 MARCH 2016
29 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Investments
2
2,203
2,203
Current assets
Debtors
628,333
628,333
Cash at bank and in hand
1
1
628,334
628,334
Creditors: amounts falling due within one year
(2,203)
(2,203)
Net current assets
626,131
626,131
Total assets less current liabilities
628,334
628,334
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
628,333
628,333
Shareholders' funds
628,334
628,334
For the financial year ended 29 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 29 December 2016
QA Nominees Limited
Director
Company Registration No. 07630354
CREATIVE TECHNOLOGIES AND SYSTEMS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
2
Fixed assets
Investments
£
Cost
At 30 March 2015 & at 29 March 2016
2,203
At 29 March 2015
2,203
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Creative Car Park Limited
UK
Ordinary
100.00
Star Park Management Limited
UK
Ordinary
100.00
Park Solve Limited
UK
Ordinary
100.00
Creative (Contracts) Car Park Limited
UK
Ordinary
100.00
Star Park Management 2 Limited
UK
Ordinary
100.00
Star Park Management 3 Limited
UK
Ordinary
100.00
Creative Parking Ltd
UK
Ordinary
100.00
CREATIVE TECHNOLOGIES AND SYSTEMS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 29 MARCH 2016
2
Fixed assets
(Continued)
- 3 -
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
Creative Car Park Limited
Parking Management
4,465,694
3,837,113
Star Park Management Limited
Parking Management
(47,577)
-
Park Solve Limited
Dormant
42
-
Creative (Contracts) Car Park Limited
Parking Management
972
-
Star Park Management 2 Limited
Dormant
-
-
Star Park Management 3 Limited
Dormant
-
-
Creative Parking Ltd
Parking Management
1,935,452
-
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1