REGISTERED NUMBER: 07456044 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

The Operators Creative Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K J W Bastard

S D Freeman

B A Le Tourneau

REGISTERED OFFICE:

151-155 New North Road

London

N1 6TA

REGISTERED NUMBER:

07456044 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

92 Park Street

Camberley

England

Surrey

GU15 3NY

FIXED ASSETS

Tangible assets

2

99,269

87,765

CURRENT ASSETS

Debtors

226,321

104,404

Cash at bank

31,356

50,499

257,677

154,903

CREDITORS

Amounts falling due within one year

3

(259,156

)

(172,571

)

NET CURRENT LIABILITIES

(1,479

)

(17,668

)

TOTAL ASSETS LESS CURRENT LIABILITIES

97,790

70,097

CREDITORS

Amounts falling due after more than one year

3

(11,083

)

(55,418

)

PROVISIONS FOR LIABILITIES

(15,451

)

(10,949

)

NET ASSETS

71,256

3,730

CAPITAL AND RESERVES

Called up share capital

4

200

200

Profit and loss account

71,056

3,530

SHAREHOLDERS' FUNDS

71,256

3,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 9 June 2014 and were signed on its behalf by:

S D Freeman - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Turnover represents the value of services provided under contracts to the extent that there is a right to

consideration and is recorded at the value of the consideration due. Where payments are received from

customers in advance of services provided, the amounts are recorded as deferred income and included as part of

creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

33% on cost

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

125,538

Additions

50,936

At 31 March 2014

176,474

DEPRECIATION

At 1 April 2013

37,773

Charge for year

39,432

At 31 March 2014

77,205

NET BOOK VALUE

At 31 March 2014

99,269

At 31 March 2013

87,765

3.

CREDITORS

Creditors include an amount of £ 55,416 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

75

Ordinary A

£1

75

100

100

Ordinary B

£1

100

100

250

Ordinary C

10p

25

-

200

200

Allotted and issued:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

250

Ordinary C

10p

25

-

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2014 and

31 March 2013:

31.3.14

31.3.13

£

£

K J W Bastard

Balance outstanding at start of year

(9,029

)

(2,701

)

Amounts advanced

52,068

37,672

Amounts repaid

(43,042

)

(44,000

)

Balance outstanding at end of year

(3

)

(9,029

)

S D Freeman

Balance outstanding at start of year

(237

)

6,460

Amounts advanced

43,166

37,303

Amounts repaid

(42,932

)

(44,000

)

Balance outstanding at end of year

(3

)

(237

)

B A Le Tourneau

Balance outstanding at start of year

(4,373

)

303

Amounts advanced

47,302

39,324

Amounts repaid

(42,932

)

(44,000

)

Balance outstanding at end of year

(3

)

(4,373

)

During the year dividends of £42,932 (2013 £44,000) were paid to each of the directors K J W Bastard, B A Le

Tourneau and S D Freeman.

6.	ULTIMATE CONTROLLING PARTY

During the current and previous year the company was controlled by the directors.