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REGISTERED NUMBER: 07100788 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 April 2024

for

PB CREATIVE LTD

PB CREATIVE LTD (REGISTERED NUMBER: 07100788)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PB CREATIVE LTD

Company Information
for the Year Ended 30 April 2024







DIRECTORS: P J Hayes
B Lambert
A K Hayes
L Lambert





REGISTERED OFFICE: The Old Workshop
1 Ecclesall Road South
Sheffield
S11 9PA





REGISTERED NUMBER: 07100788 (England and Wales)





ACCOUNTANTS: Brown McLeod Limited
Chartered Accountants
The Old Workshop
1 Ecclesall Road South
Sheffield
South Yorkshire
S11 9PA

PB CREATIVE LTD (REGISTERED NUMBER: 07100788)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,118 20,037

CURRENT ASSETS
Debtors 5 970,387 1,050,425
Cash at bank 966,798 1,069,735
1,937,185 2,120,160
CREDITORS
Amounts falling due within one year 6 300,216 408,601
NET CURRENT ASSETS 1,636,969 1,711,559
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,711,087

1,731,596

PROVISIONS FOR LIABILITIES 12,272 2,787
NET ASSETS 1,698,815 1,728,809

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,698,715 1,728,709
1,698,815 1,728,809

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

PB CREATIVE LTD (REGISTERED NUMBER: 07100788)

Balance Sheet - continued
30 April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:




P J Hayes - Director B Lambert - Director




A K Hayes - Director L Lambert - Director


PB CREATIVE LTD (REGISTERED NUMBER: 07100788)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

PB 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.
Short leasehold - Straight line over 5 years
Fixtures and fittings - 25% on cost
Computer equipment - 50% on cost

Financial instruments
Debtors and Creditors with no stated interest rate, and repayable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in administrative expenses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 profit or loss in the period to which they relate.

PB CREATIVE LTD (REGISTERED NUMBER: 07100788)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2023 - 33 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 - 382,019 382,019
Additions 6,252 79,442 85,694
At 30 April 2024 6,252 461,461 467,713
DEPRECIATION
At 1 May 2023 - 361,982 361,982
Charge for year 625 30,988 31,613
At 30 April 2024 625 392,970 393,595
NET BOOK VALUE
At 30 April 2024 5,627 68,491 74,118
At 30 April 2023 - 20,037 20,037

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 692,481 580,227
Other debtors 277,906 470,198
970,387 1,050,425

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 28,897 88,184
Taxation and social security 113,380 134,317
Other creditors 157,939 186,100
300,216 408,601