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Company Registration No. 09491899 (England and Wales)
Underground Creative Ltd Unaudited accounts for the year ended 31 March 2025
Underground Creative Ltd Unaudited accounts Contents
Page
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Underground Creative Ltd Company Information for the year ended 31 March 2025
Directors
Mr Sean Wilson Mr James Black
Company Number
09491899 (England and Wales)
Registered Office
c/o Paul Austen Associates Ltd Riverside, Mountbatten Way Congleton Cheshire CW12 1DY
Accountants
Paul Austen Associates Ltd Riverside Mountbatten Way Congleton Cheshire CW12 1DY
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Underground Creative Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,824 
3,510 
Current assets
Debtors
25,380 
43,656 
Cash at bank and in hand
617,811 
342,376 
643,191 
386,032 
Creditors: amounts falling due within one year
(190,798)
(126,986)
Net current assets
452,393 
259,046 
Net assets
455,217 
262,556 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
455,213 
262,552 
Shareholders' funds
455,217 
262,556 
For the year ending 31 March 2025 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 26 April 2025 and were signed on its behalf by
Mr Sean Wilson Director Company Registration No. 09491899
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Underground Creative Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Underground Creative Ltd is a private company, limited by shares, registered in England and Wales, registration number 09491899. The registered office is c/o Paul Austen Associates Ltd, Riverside, Mountbatten Way, Congleton, Cheshire, CW12 1DY.
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:
Plant & machinery
20% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2024
16,918 
Additions
2,698 
At 31 March 2025
19,616 
Depreciation
At 1 April 2024
13,408 
Charge for the year
3,384 
At 31 March 2025
16,792 
Net book value
At 31 March 2025
2,824 
At 31 March 2024
3,510 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,380 
43,656 
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Underground Creative Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
2,204 
5,758 
Trade creditors
34,876 
32,238 
Taxes and social security
152,155 
85,311 
Loans from directors
- 
2,116 
Accruals
1,563 
1,563 
190,798 
126,986 
7
Loans to directors
Amount owed to directors £2,116
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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