Creative Aquatic Ltd - Accounts to registrar - small 16.3

REGISTERED NUMBER: 08800589 (England and Wales)

Creative Aquatic Ltd

Unaudited Financial Statements for the Year Ended 30 June 2016

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Miss S C Benhayon

REGISTERED OFFICE:

Twin Oaks

6 Tytherington

Frome

Somerset

BA11 5BW

REGISTERED NUMBER:

08800589 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

TSB Bank Plc

25 Cheap Street

Frome

Somerset

BA11 1BW

FIXED ASSETS

Tangible assets

5

6,754

6,610

CURRENT ASSETS

Debtors

2,608

-

Cash at bank

3,412

24,215

6,020

24,215

CREDITORS

Amounts falling due within one year

6,614

17,111

NET CURRENT (LIABILITIES)/ASSETS

(594

)

7,104

TOTAL ASSETS LESS CURRENT LIABILITIES

6,160

13,714

PROVISIONS FOR LIABILITIES

1,351

1,322

NET ASSETS

4,809

12,392

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,709

12,292

SHAREHOLDERS' FUNDS

4,809

12,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 30 June 2016 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director on 16 March 2017 and were signed by:

Miss S C Benhayon - Director

1.	STATUTORY INFORMATION

Creative Aquatic Ltd 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.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements for the year ended 30 June 2016 are the first statements that comply with FRS 102. The

date of transition is 1 July 2014.

The transition to FRS 102 has not resulted in any changes to accounting policies from those previously used by

the entity. As a result there has been no changes to opening equity or to the profit for the comparative year.

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.

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position date.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2015

7,777

Additions

1,646

At 30 June 2016

9,423

DEPRECIATION

At 1 July 2015

1,167

Charge for year

1,502

At 30 June 2016

2,669

NET BOOK VALUE

At 30 June 2016

6,754

At 30 June 2015

6,610

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss S C Benhayon.

The company was controlled throughout the current period by its director by virtue of the fact that she owned all

of the issued share capital in the parent company.