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Company Registration No. 12554092 (England and Wales)
Brilliant Artists Ltd Unaudited accounts for the year ended 31 March 2025
Brilliant Artists Ltd Unaudited accounts Contents
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Brilliant Artists Ltd Company Information for the year ended 31 March 2025
Director
Hannah Shilland
Company Number
12554092 (England and Wales)
Registered Office
20 - 22 Wenlock Road London N1.7GU UK
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Brilliant Artists Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,129 
1,073 
Current assets
Debtors
24,571 
25,235 
Cash at bank and in hand
57,569 
21,564 
82,140 
46,799 
Creditors: amounts falling due within one year
(49,707)
(43,607)
Net current assets
32,433 
3,192 
Total assets less current liabilities
33,562 
4,265 
Provisions for liabilities
Deferred tax
(241)
(204)
Net assets
33,321 
4,061 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
33,320 
4,060 
Shareholders' funds
33,321 
4,061 
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 director acknowledges her 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 and authorised for issue on 21 July 2025 and were signed on its behalf by
Hannah Shilland Director Company Registration No. 12554092
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Brilliant Artists Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Brilliant Artists Ltd is a private company, limited by shares, registered in England and Wales, registration number 12554092. The registered office is 20 - 22 Wenlock Road, London, N1.7GU, UK.
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.
Presentation currency
The figures in the accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
20% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Brilliant Artists Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2024
1,939 
Additions
591 
At 31 March 2025
2,530 
Depreciation
At 1 April 2024
866 
Charge for the year
535 
At 31 March 2025
1,401 
Net book value
At 31 March 2025
1,129 
At 31 March 2024
1,073 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
23,634 
24,678 
Accrued income and prepayments
937 
- 
Other debtors
- 
557 
24,571 
25,235 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
4,425 
3,996 
Trade creditors
25,039 
24,438 
Taxes and social security
15,428 
- 
Other creditors
600 
600 
Loans from directors
1,027 
11,740 
Accruals
3,188 
2,833 
49,707 
43,607 
7
Transactions with related parties
The balance on the director`s current account with the company at the balance sheet date was £1,027 credit (2024: £11,740 credit), owed by the company to the director. This amount owing is unsecured, interest free and repayable on demand, and was in credit throughout the year.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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