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REGISTERED NUMBER: 07596117 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2025

for

The Creative Penn Ltd

The Creative Penn Ltd (Registered number: 07596117)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Creative Penn Ltd

Company Information
for the Year Ended 30 April 2025







DIRECTORS: Ms J F Penn
J Bleier





REGISTERED OFFICE: 7 Soundwell Road
Bristol
BS16 4QG





REGISTERED NUMBER: 07596117 (England and Wales)





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

The Creative Penn Ltd (Registered number: 07596117)

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,042 2,357
Investments 5 8,321 5,871
9,363 8,228

CURRENT ASSETS
Debtors 6 381 221
Cash at bank 34,209 48,054
34,590 48,275
CREDITORS
Amounts falling due within one year 7 (11,602 ) (22,523 )
NET CURRENT ASSETS 22,988 25,752
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,351

33,980

CREDITORS
Amounts falling due after more than one
year

8

(95

)

(39

)
NET ASSETS 32,256 33,941

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve (3,237 ) (5,687 )
Retained earnings 35,491 39,626
SHAREHOLDERS' FUNDS 32,256 33,941

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 Creative Penn Ltd (Registered number: 07596117)

Balance Sheet - continued
30 April 2025


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 7 July 2025 and were signed on its behalf by:





Ms J F Penn - Director


The Creative Penn Ltd (Registered number: 07596117)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

The Creative Penn 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 as modified by the revaluation of certain assets.

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

The Creative Penn Ltd (Registered number: 07596117)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2024
and 30 April 2025 25,679
DEPRECIATION
At 1 May 2024 23,322
Charge for year 1,315
At 30 April 2025 24,637
NET BOOK VALUE
At 30 April 2025 1,042
At 30 April 2024 2,357

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2024 5,871
Revaluations 2,450
At 30 April 2025 8,321
NET BOOK VALUE
At 30 April 2025 8,321
At 30 April 2024 5,871

Cost or valuation at 30 April 2025 is represented by:

Other
investments
£   
Valuation in 2023 (6,383 )
Valuation in 2024 696
Valuation in 2025 2,450
Cost 11,558
8,321

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Other debtors 381 221

The Creative Penn Ltd (Registered number: 07596117)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade creditors 247 421
Taxation and social security 9,818 19,844
Other creditors 1,537 2,258
11,602 22,523

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.25 30.4.24
£    £   
Other creditors 95 39

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At year end the company owed the directors £95 (2024 - £38).