CHAMP CREATIVE LIMITED


2021-09-012022-08-312022-08-31false07726670CHAMP CREATIVE 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CHAMP CREATIVE LIMITED

Registered Number
07726670
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2022

CHAMP CREATIVE LIMITED
Company Information
for the year from 1 September 2021 to 31 August 2022

Directors

KAWECKI, Joanna
KAWECKI, Monique

Registered Address

320 City Road
London
EC1V 2NZ

Registered Number

07726670 (England and Wales)
CHAMP CREATIVE LIMITED
Balance Sheet as at
31 August 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets5-553
-553
Current assets
Cash at bank and on hand39,29126,635
39,29126,635
Creditors amounts falling due within one year(58,017)(49,373)
Net current assets (liabilities)(18,726)(22,738)
Total assets less current liabilities(18,726)(22,185)
Net assets(18,726)(22,185)
Capital and reserves
Called up share capital22
Profit and loss account(18,728)(22,187)
Shareholders' funds(18,726)(22,185)
  • The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
  • The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved and authorised for issue by the Board of Directors on 25 May 2023, and are signed on its behalf by:
KAWECKI, Monique
Director
Registered Company No. 07726670
CHAMP CREATIVE LIMITED
Notes to the Financial Statements
for the year ended 31 August 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20222021
Average number of employees during the year22
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 September 213,399
At 31 August 223,399
Depreciation and impairment
At 01 September 212,846
Charge for year553
At 31 August 223,399
Net book value
At 31 August 22-
At 31 August 21553