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REGISTERED NUMBER: 12570752 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

ANGRY CREATIVE (UK) LIMITED

ANGRY CREATIVE (UK) LIMITED (REGISTERED NUMBER: 12570752)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANGRY CREATIVE (UK) LIMITED

Company Information
for the year ended 31 August 2024







DIRECTORS: L J Rosen
A Slade





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 12570752 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

ANGRY CREATIVE (UK) LIMITED (REGISTERED NUMBER: 12570752)

Balance Sheet
31 August 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 6,000 7,000
Tangible assets 5 5,620 8,093
Investments 6 155,495 -
167,115 15,093

CURRENT ASSETS
Debtors 7 111,952 113,906
Cash at bank 60,105 154,603
172,057 268,509
CREDITORS
Amounts falling due within one year 8 (178,524 ) (89,280 )
NET CURRENT (LIABILITIES)/ASSETS (6,467 ) 179,229
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,648

194,322

PROVISIONS FOR LIABILITIES 9 (1,489 ) (1,538 )
NET ASSETS 159,159 192,784

CAPITAL AND RESERVES
Called up share capital 10 10 10
Retained earnings 159,149 192,774
SHAREHOLDERS' FUNDS 159,159 192,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

ANGRY CREATIVE (UK) LIMITED (REGISTERED NUMBER: 12570752)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:





A Slade - Director


ANGRY CREATIVE (UK) LIMITED (REGISTERED NUMBER: 12570752)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Angry Creative (UK) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Angry Creative (UK) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts.

Revenue from the sale of software development services is recognised at the point of sale.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Fixtures & fittings25% on cost
Computer equipment25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.


ANGRY CREATIVE (UK) LIMITED (REGISTERED NUMBER: 12570752)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 profit or loss 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 plan for its employees. A defined contribution pension plan is a pension plan under which the company pays contributions into a separate entity. Once the contributions have been paid, the company has no further obligations.

The contributions are recognised as an expense in the income statement when they fall due. Amounts owed but not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Going concern policy
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

ANGRY CREATIVE (UK) LIMITED (REGISTERED NUMBER: 12570752)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

4. INTANGIBLE FIXED ASSETS
Patents and
Goodwill licences Totals
£ £ £
COST
At 1 September 2023
and 31 August 2024 5,000 5,000 10,000
AMORTISATION
At 1 September 2023 1,500 1,500 3,000
Amortisation for year 500 500 1,000
At 31 August 2024 2,000 2,000 4,000
NET BOOK VALUE
At 31 August 2024 3,000 3,000 6,000
At 31 August 2023 3,500 3,500 7,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 September 2023 12,700 14,212 26,912
Additions 564 1,914 2,478
At 31 August 2024 13,264 16,126 29,390
DEPRECIATION
At 1 September 2023 10,518 8,301 18,819
Charge for year 2,063 2,888 4,951
At 31 August 2024 12,581 11,189 23,770
NET BOOK VALUE
At 31 August 2024 683 4,937 5,620
At 31 August 2023 2,182 5,911 8,093

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
Additions 155,495
At 31 August 2024 155,495
NET BOOK VALUE
At 31 August 2024 155,495

ANGRY CREATIVE (UK) LIMITED (REGISTERED NUMBER: 12570752)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 58,669 91,510
Amounts owed by group undertakings 24,958 -
Other debtors 28,325 22,396
111,952 113,906

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 5,680 3,487
Taxation and social security 27,554 19,610
Other creditors 145,290 66,183
178,524 89,280

9. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 1,489 1,538

Deferred tax
£
Balance at 1 September 2023 1,538
Credit to Income Statement during year (49 )
Balance at 31 August 2024 1,489

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
1,000 Ordinary £0.01 10 10