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Company Registration No. 08538340 (England and Wales)
LIONHOUSE CREATIVE LIMITED Unaudited accounts for the year ended 31 March 2023
LIONHOUSE CREATIVE LIMITED Unaudited accounts Contents
Page
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LIONHOUSE CREATIVE LIMITED Company Information for the year ended 31 March 2023
Directors
A S Webber D R Yeo
Company Number
08538340 (England and Wales)
Registered Office
4 RIVERS STREET PLACE BATH BA1 2RS ENGLAND
Accountants
Mutu Accountancy Ltd 7 Chelsea Road Bath BA1 3DU
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LIONHOUSE CREATIVE LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,267 
38,434 
Current assets
Debtors
58,403 
58,247 
Cash at bank and in hand
121,130 
92,993 
179,533 
151,240 
Creditors: amounts falling due within one year
(57,724)
(53,775)
Net current assets
121,809 
97,465 
Total assets less current liabilities
151,076 
135,899 
Creditors: amounts falling due after more than one year
- 
(24,424)
Net assets
151,076 
111,475 
Capital and reserves
Called up share capital
100 
100 
Share premium
990 
990 
Profit and loss account
149,986 
110,385 
Shareholders' funds
151,076 
111,475 
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2023 and were signed on its behalf by
D R Yeo Director Company Registration No. 08538340
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LIONHOUSE CREATIVE LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
LIONHOUSE CREATIVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08538340. The registered office is 4 RIVERS STREET PLACE, BATH, BA1 2RS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10 year straight line
Plant & machinery
33% straight line
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
175,000 
At 31 March 2023
175,000 
Amortisation
At 1 April 2022
175,000 
At 31 March 2023
175,000 
Net book value
At 31 March 2023
- 
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LIONHOUSE CREATIVE LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
29,782 
11,613 
8,291 
50,881 
100,567 
Additions
- 
- 
- 
1,920 
1,920 
At 31 March 2023
29,782 
11,613 
8,291 
52,801 
102,487 
Depreciation
At 1 April 2022
2,978 
9,728 
6,835 
42,592 
62,133 
Charge for the year
2,978 
1,314 
364 
6,431 
11,087 
At 31 March 2023
5,956 
11,042 
7,199 
49,023 
73,220 
Net book value
At 31 March 2023
23,826 
571 
1,092 
3,778 
29,267 
At 31 March 2022
26,804 
1,885 
1,456 
8,289 
38,434 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
51,376 
55,489 
Accrued income and prepayments
7,027 
2,758 
58,403 
58,247 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
10,000 
VAT
9,663 
12,849 
Trade creditors
8,198 
368 
Taxes and social security
26,781 
25,146 
Other creditors
7,564 
1,249 
Loans from directors
5,518 
2,478 
Accruals
- 
1,685 
57,724 
53,775 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
24,424 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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