Fictive Pursuits Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 12025890

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		5,880		7,350
Tangible Assets	5		107		214

			5,987		7,564
CURRENT ASSETS
Debtors	6	3,330		5,080
Cash at bank and in hand		82,737		69,629

		86,067		74,709
Creditors: Amounts Falling Due Within One Year	7	(56,554 )		(53,121 )

NET CURRENT ASSETS (LIABILITIES)			29,513		21,588

TOTAL ASSETS LESS CURRENT LIABILITIES			35,500		29,152

NET ASSETS			35,500		29,152

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			35,400		29,052

SHAREHOLDERS' FUNDS			35,500		29,152

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Andrew Noakes

Director

9 September 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Fictive Pursuits Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12025890 . The registered office is International House, 64 Nile Street, London, N1 7SR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements are presented in Sterling (£) and have been prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes, for the provision of editing and coaching services. Turnover is reduced for estimated rebates and other similar allowances.

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% straight line

2.5. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

The tax expense for the year represents the sum of the tax currently payable, and is based on the taxable profit for the year. Taxable profit differs from profit as reported in the statement of profit and loss because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

2.7. Cash and cash equivalents

Cash and cash equivalents comprise cash in hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2.8. Debtors

Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.9. Creditors

Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

During the period the average number of employees, excluding directors without an employment contract, was 1 (2024: 1)

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Page 3

Fictive Pursuits Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 June 2024	14,700

As at 31 May 2025	14,700

Amortisation
As at 1 June 2024	7,350
Provided during the period	1,470

As at 31 May 2025	8,820

Net Book Value
As at 31 May 2025	5,880

As at 1 June 2024	7,350

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 June 2024	1,011

As at 31 May 2025	1,011

Depreciation
As at 1 June 2024	797
Provided during the period	107

As at 31 May 2025	904

Net Book Value
As at 31 May 2025	107

As at 1 June 2024	214

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	3,330	5,080

Page 3

Page 4

Fictive Pursuits Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,260	-
Corporation tax	19,243	14,859
Other taxes and social security	3,356	1,523
Deferred income	30,783	29,763
Other creditor	-	4,302
Accruals	1,475	1,549
Director's loan account	437	1,125

	56,554	53,121

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

The director has provided the company with an interest-free loan, which is repayable on demand. At the balance sheet date the amount due to the director was £437 (2024 - £1,125).