IRIS Accounts Production v20.3.4.1 11245373 Board of Directors Board of Directors 1.4.19 31.3.20 31.3.20 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure 11245373 2019-03-31 11245373 2020-03-31 11245373 2019-04-01 2020-03-31 11245373 2018-03-08 11245373 2018-03-09 2019-03-31 11245373 2019-03-31 11245373 ns16:EnglandWales 2019-04-01 2020-03-31 11245373 ns15:PoundSterling 2019-04-01 2020-03-31 11245373 ns11:Director1 2019-04-01 2020-03-31 11245373 ns11:Director2 2019-04-01 2020-03-31 11245373 ns11:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31 11245373 ns11:SmallEntities 2019-04-01 2020-03-31 11245373 ns11:AuditExemptWithAccountantsReport 2019-04-01 2020-03-31 11245373 ns11:SmallCompaniesRegimeForDirectorsReport 2019-04-01 2020-03-31 11245373 ns11:SmallCompaniesRegimeForAccounts 2019-04-01 2020-03-31 11245373 ns11:FullAccounts 2019-04-01 2020-03-31 11245373 ns11:CompanySecretary1 2019-04-01 2020-03-31 11245373 ns11:RegisteredOffice 2019-04-01 2020-03-31 11245373 ns6:CurrentFinancialInstruments 2020-03-31 11245373 ns6:CurrentFinancialInstruments 2019-03-31 11245373 ns6:ShareCapital 2020-03-31 11245373 ns6:ShareCapital 2019-03-31 11245373 ns6:RetainedEarningsAccumulatedLosses 2020-03-31 11245373 ns6:RetainedEarningsAccumulatedLosses 2019-03-31 11245373 ns6:FurnitureFittings 2019-04-01 2020-03-31 11245373 ns6:ComputerEquipment 2019-04-01 2020-03-31 11245373 ns6:FurnitureFittings 2020-03-31 11245373 ns6:ComputerEquipment 2020-03-31 11245373 ns6:CurrentFinancialInstruments ns6:WithinOneYear 2020-03-31 11245373 ns6:CurrentFinancialInstruments ns6:WithinOneYear 2019-03-31
REGISTERED NUMBER: 11245373 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2020

for

Rabbit Creative Ltd

Rabbit Creative Ltd (Registered number: 11245373)






Contents of the Financial Statements
for the Year Ended 31 March 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

Rabbit Creative Ltd

Company Information
for the Year Ended 31 March 2020







DIRECTORS: P W Smith
Mrs S L Smith





SECRETARY:





REGISTERED OFFICE: 4A De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ





REGISTERED NUMBER: 11245373 (England and Wales)





ACCOUNTANTS: RBS Accountancy Ltd
4A De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ

Rabbit Creative Ltd (Registered number: 11245373)

Balance Sheet
31 March 2020

31.3.20 31.3.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,504 -

CURRENT ASSETS
Debtors 5 - 733
Cash at bank and in hand 2 1,002
2 1,735
CREDITORS
Amounts falling due within one year 6 4,551 3,816
NET CURRENT LIABILITIES (4,549 ) (2,081 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,045

)

(2,081

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (2,047 ) (2,083 )
SHAREHOLDERS' FUNDS (2,045 ) (2,081 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 18 November 2020 and were signed on its behalf by:



P W Smith - Director



Mrs S L Smith - Director


Rabbit Creative Ltd (Registered number: 11245373)

Notes to the Financial Statements
for the Year Ended 31 March 2020

1. STATUTORY INFORMATION

Rabbit Creative 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. 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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

Rabbit Creative Ltd (Registered number: 11245373)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2020

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 1,000 2,068 3,068
At 31 March 2020 1,000 2,068 3,068
DEPRECIATION
Charge for year 150 414 564
At 31 March 2020 150 414 564
NET BOOK VALUE
At 31 March 2020 850 1,654 2,504

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.20 31.3.19
£    £   
Trade debtors - 733

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.20 31.3.19
£    £   
Bank loans and overdrafts 2,451 -
Trade creditors - 208
Taxation and social security 744 534
Other creditors 1,356 3,074
4,551 3,816

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Rabbit Creative Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rabbit Creative Ltd for the year ended 31 March 2020 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Rabbit Creative Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rabbit Creative Ltd and state those matters that we have agreed to state to the Board of Directors of Rabbit Creative Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rabbit Creative Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rabbit Creative Ltd. You consider that Rabbit Creative Ltd 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 financial statements of Rabbit Creative Ltd. 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 financial statements.






RBS Accountancy Ltd
4A De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ


18 November 2020