Company registration number 09026966 (England and Wales)
4 REAL CREATIVE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
4 REAL CREATIVE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
4 REAL CREATIVE LIMITED
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
16,083
9,627
Current assets
Debtors
4
126,098
195,251
Cash at bank and in hand
49,919
48,678
176,017
243,929
Creditors: amounts falling due within one year
5
(140,778)
(161,566)
Net current assets
35,239
82,363
Total assets less current liabilities
51,322
91,990
Creditors: amounts falling due after more than one year
6
(833)
(10,833)
Provisions for liabilities
(4,021)
(2,407)
Net assets
46,468
78,750
Capital and reserves
Called up share capital
7
140
140
Capital redemption reserve
60
60
Profit and loss reserves
46,268
78,550
Total equity
46,468
78,750

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 2 September 2025 and are signed on its behalf by:
Mr J P Barry
Director
Company Registration No. 09026966
4 REAL CREATIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 2 -
1
Accounting policies
Company information

4 Real Creative Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11-13 Penhill Road, Pontcanna, Cardiff, CF11 9PQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for creative services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
20% reducing balance
Plant and equipment
33% straight line
Fixtures and fittings
20% reducing balance
1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

4 REAL CREATIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
6
6
4 REAL CREATIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 4 -
3
Tangible fixed assets
Leasehold improvements
Plant and equipment
Fixtures and fittings
Total
£
£
£
£
Cost
At 1 June 2024
1,193
64,854
9,185
75,232
Additions
-
0
10,305
4,099
14,404
At 31 May 2025
1,193
75,159
13,284
89,636
Depreciation and impairment
At 1 June 2024
219
61,626
3,760
65,605
Depreciation charged in the year
195
6,423
1,330
7,948
At 31 May 2025
414
68,049
5,090
73,553
Carrying amount
At 31 May 2025
779
7,110
8,194
16,083
At 31 May 2024
974
3,228
5,425
9,627
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
118,080
183,096
Other debtors
8,018
12,155
126,098
195,251
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
10,000
10,000
Trade creditors
3,351
11,437
Taxation and social security
120,526
134,376
Other creditors
6,901
5,753
140,778
161,566
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
833
10,833
4 REAL CREATIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 5 -
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
Ordinary A of £1 each
10
10
10
10
Ordinary C of £1 each
10
10
10
10
Ordinary D of £1 each
10
10
10
10
Ordinary E of £1 each
10
10
10
10
140
140
140
140
8
Operating lease commitments
Lessee

During the financial year ended 31 May 2025, the company terminated a lease agreement previously accounted for under FRS 102. The lease was terminated on 27 March 2025. The termination was mutually agreed upon by both parties, and no further obligations remain under the lease agreement.

2025
2024
£
£
-
0
36,833
9
Directors' transactions

Dividends totalling £143,000 (2024 - £161,147) were paid in the year in respect of shares held by the company's directors.

2025-05-31 2024-06-01 false false false 02 September 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr J P Barry Mr M Bolton 09026966 2024-06-01 2025-05-31 09026966 2025-05-31 09026966 2024-05-31 09026966 core:LeaseholdImprovements 2025-05-31 09026966 core:PlantMachinery 2025-05-31 09026966 core:FurnitureFittings 2025-05-31 09026966 core:LeaseholdImprovements 2024-05-31 09026966 core:PlantMachinery 2024-05-31 09026966 core:FurnitureFittings 2024-05-31 09026966 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 09026966 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 09026966 core:Non-currentFinancialInstruments core:AfterOneYear 2025-05-31 09026966 core:Non-currentFinancialInstruments core:AfterOneYear 2024-05-31 09026966 core:CurrentFinancialInstruments 2025-05-31 09026966 core:CurrentFinancialInstruments 2024-05-31 09026966 core:ShareCapital 2025-05-31 09026966 core:ShareCapital 2024-05-31 09026966 core:CapitalRedemptionReserve 2025-05-31 09026966 core:CapitalRedemptionReserve 2024-05-31 09026966 core:RetainedEarningsAccumulatedLosses 2025-05-31 09026966 core:RetainedEarningsAccumulatedLosses 2024-05-31 09026966 core:ShareCapitalOrdinaryShareClass1 2025-05-31 09026966 core:ShareCapitalOrdinaryShareClass1 2024-05-31 09026966 core:ShareCapitalOrdinaryShareClass2 2025-05-31 09026966 core:ShareCapitalOrdinaryShareClass2 2024-05-31 09026966 core:ShareCapitalOrdinaryShareClass4 2025-05-31 09026966 core:ShareCapitalOrdinaryShareClass4 2024-05-31 09026966 core:ShareCapitalOrdinaryShareClass5 2025-05-31 09026966 core:ShareCapitalOrdinaryShareClass5 2024-05-31 09026966 core:ShareCapitalOrdinaryShares 2025-05-31 09026966 core:ShareCapitalOrdinaryShares 2024-05-31 09026966 bus:Director1 2024-06-01 2025-05-31 09026966 core:LeaseholdImprovements 2024-06-01 2025-05-31 09026966 core:PlantMachinery 2024-06-01 2025-05-31 09026966 core:FurnitureFittings 2024-06-01 2025-05-31 09026966 2023-06-01 2024-05-31 09026966 core:LeaseholdImprovements 2024-05-31 09026966 core:PlantMachinery 2024-05-31 09026966 core:FurnitureFittings 2024-05-31 09026966 2024-05-31 09026966 core:WithinOneYear 2025-05-31 09026966 core:WithinOneYear 2024-05-31 09026966 core:Non-currentFinancialInstruments 2025-05-31 09026966 core:Non-currentFinancialInstruments 2024-05-31 09026966 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 09026966 bus:OrdinaryShareClass2 2024-06-01 2025-05-31 09026966 bus:OrdinaryShareClass5 2024-06-01 2025-05-31 09026966 bus:OrdinaryShareClass4 2024-06-01 2025-05-31 09026966 bus:OrdinaryShareClass1 2025-05-31 09026966 bus:OrdinaryShareClass1 2024-05-31 09026966 bus:OrdinaryShareClass2 2025-05-31 09026966 bus:OrdinaryShareClass2 2024-05-31 09026966 bus:OrdinaryShareClass4 2025-05-31 09026966 bus:OrdinaryShareClass4 2024-05-31 09026966 bus:OrdinaryShareClass5 2025-05-31 09026966 bus:OrdinaryShareClass5 2024-05-31 09026966 bus:AllOrdinaryShares 2025-05-31 09026966 bus:AllOrdinaryShares 2024-05-31 09026966 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09026966 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 09026966 bus:FRS102 2024-06-01 2025-05-31 09026966 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 09026966 bus:Director2 2024-06-01 2025-05-31 09026966 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP