Registered Number 04963194

I CREATE LTD

Abbreviated Accounts

31 August 2016

I CREATE LTD Registered Number 04963194

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 142,705 158,400
142,705 158,400
Current assets
Debtors 77,235 21,037
Cash at bank and in hand 45,961 261
123,196 21,298
Creditors: amounts falling due within one year (174,896 ) (111,904 )
Net current assets (liabilities) (51,700 ) (90,606 )
Total assets less current liabilities 91,005 67,794
Provisions for liabilities (4,138 ) (5,646 )
Total net assets (liabilities) 86,867 62,148
Capital and reserves
Called up share capital 50 50
Profit and loss account 86,817 62,098
Shareholders' funds 86,867 62,148

  • For the year ending 31 August 2016 the company was entitled to exemption 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.

Approved by the Board on 30 November 2016

And signed on their behalf by:
Dawn Lyle, Director

I CREATE LTD Registered Number 04963194

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1 Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2 Tangible fixed assets
£
Cost
At 1 September 2015 225,512
Additions 3,826
Disposals -
Revaluations -
Transfers -
At 31 August 2016 229,338
Depreciation
At 1 September 2015 67,112
Charge for the year 19,521
On disposals -
At 31 August 2016 86,633
Net book values
At 31 August 2016 142,705
At 31 August 2015 158,400