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REGISTERED NUMBER: OC371122 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Channel Creator LLP

Channel Creator LLP (Registered number: OC371122)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Channel Creator LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: P J Brothers
M A Ball





REGISTERED OFFICE: 27 Old Gloucester Street
London
WC1N 3AX





REGISTERED NUMBER: OC371122 (England and Wales)





ACCOUNTANTS: Elemental CoSec Limited
27 Old Gloucester Street
London
WC1N 3AX

Channel Creator LLP (Registered number: OC371122)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,985 2,481
Investments 5 41,011 41,961
42,996 44,442

CURRENT ASSETS
Debtors 6 35,458 67,565
Cash at bank 7,623 51,790
43,081 119,355
CREDITORS
Amounts falling due within one year 7 86,077 163,797
NET CURRENT LIABILITIES (42,996 ) (44,442 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE
TO MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

TOTAL MEMBERS' INTERESTS
Amounts due from members 6 (5,000 ) -

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Channel Creator LLP (Registered number: OC371122)

Balance Sheet - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 25 July 2025 and were signed by:





M A Ball - Designated member

Channel Creator LLP (Registered number: OC371122)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Channel Creator LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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 - 20% on cost

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.

Investments
Investments in shares are included at cost less impairment with any gains or losses on impairment recognised in the profit or loss account.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

Debtors
Trade and other receivables are initially recognised at transaction price less any subsequent impairment.

Creditors
Trade and other payables are recognised at the transaction price of the goods or services that were received.

3. EMPLOYEE INFORMATION

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

Channel Creator LLP (Registered number: OC371122)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 2,109 7,102 9,211
DEPRECIATION
At 1 April 2024 1,896 4,834 6,730
Charge for year 42 454 496
At 31 March 2025 1,938 5,288 7,226
NET BOOK VALUE
At 31 March 2025 171 1,814 1,985
At 31 March 2024 213 2,268 2,481

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 April 2024 41,961
Additions 4,050
Impairments (5,000 )
At 31 March 2025 41,011
NET BOOK VALUE
At 31 March 2025 41,011
At 31 March 2024 41,961

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 29,961 64,365
Other debtors 5,497 3,200
35,458 67,565

Channel Creator LLP (Registered number: OC371122)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 39,056 119,201
Taxation and social security 5,060 -
Other creditors 41,961 44,596
86,077 163,797

8. ULTIMATE CONTROLLING PARTY

P J Brother and M A Ball share the ultimate control of the partnership.