Red Dot Creative Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06783277 (England and Wales)

Financial Statements

for the Period 31 March 2018 to 31 March 2019

for

Red Dot Creative Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Culshaw

REGISTERED OFFICE:

Friar Gate Studios

Ford Street

Derby

DE1 1EE

REGISTERED NUMBER:

06783277 (England and Wales)

ACCOUNTANTS:

NP & Associates Limited

2 Besthorpe Close

Oakwood

Derby

DE21 4RQ

FIXED ASSETS

Tangible assets

4

867

992

CURRENT ASSETS

Debtors

5

4,553

-

Cash at bank

36,803

52,721

41,356

52,721

CREDITORS

Amounts falling due within one year

6

24,646

28,312

NET CURRENT ASSETS

16,710

24,409

TOTAL ASSETS LESS CURRENT LIABILITIES

17,577

25,401

PROVISIONS FOR LIABILITIES

165

298

NET ASSETS

17,412

25,103

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

17,312

25,003

SHAREHOLDERS' FUNDS

17,412

25,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2019 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.

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 on 22 March 2020 and were signed by:

R Culshaw - Director

1.	STATUTORY INFORMATION

Red Dot Creative 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Computer and office equipment

-

33% on reducing balance

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

and

office

equipment

£

COST

At 31 March 2018

7,436

Additions

875

Disposals

(5,283

)

At 31 March 2019

3,028

DEPRECIATION

At 31 March 2018

6,444

Charge for period

433

Eliminated on disposal

(4,716

)

At 31 March 2019

2,161

NET BOOK VALUE

At 31 March 2019

867

At 30 March 2018

992

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

4,553

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

23,321

26,888

Other creditors

1,325

1,424

24,646

28,312

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

£1

100

100

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2019 and the year

ended 30 March 2018:

2019

2018

£

£

R Culshaw

Balance outstanding at start of period

-

-

Amounts advanced

4,553

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

4,553

-