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REGISTERED NUMBER: 16044130 (England and Wales)















Unaudited Financial Statements

for the Period 28 October 2024 to 31 March 2025

for

Reason First Creative Ltd

Reason First Creative Ltd (Registered number: 16044130)






Contents of the Financial Statements
for the Period 28 October 2024 to 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Reason First Creative Ltd

Company Information
for the Period 28 October 2024 to 31 March 2025







DIRECTORS: Mrs S L James
C S James





REGISTERED OFFICE: Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN





REGISTERED NUMBER: 16044130 (England and Wales)





ACCOUNTANTS: Style Accountants Limited
Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN

Reason First Creative Ltd (Registered number: 16044130)

Balance Sheet
31 March 2025

Notes £    £   
FIXED ASSETS
Tangible assets 4 340

CURRENT ASSETS
Stocks 4,000
Debtors 5 31,865
Cash at bank 833
36,698
CREDITORS
Amounts falling due within one year 6 35,345
NET CURRENT ASSETS 1,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,693

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 1,593
1,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

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

Reason First Creative Ltd (Registered number: 16044130)

Balance Sheet - continued
31 March 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 9 July 2025 and were signed on its behalf by:





Mrs S L James - Director


Reason First Creative Ltd (Registered number: 16044130)

Notes to the Financial Statements
for the Period 28 October 2024 to 31 March 2025

1. STATUTORY INFORMATION

Reason First 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.
Plant and machinery etc - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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 period was 5 .

Reason First Creative Ltd (Registered number: 16044130)

Notes to the Financial Statements - continued
for the Period 28 October 2024 to 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 510
At 31 March 2025 510
DEPRECIATION
Charge for period 170
At 31 March 2025 170
NET BOOK VALUE
At 31 March 2025 340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 31,865

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 19,740
Taxation and social security 13,468
Other creditors 2,137
35,345