Little People Big Noise Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11740059

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		494		269

			494		269
CURRENT ASSETS
Debtors	5	76,727		30,311
Cash at bank and in hand		-		11,910

		76,727		42,221
Creditors: Amounts Falling Due Within One Year	6	(62,607 )		(14,914 )

NET CURRENT ASSETS (LIABILITIES)			14,120		27,307

TOTAL ASSETS LESS CURRENT LIABILITIES			14,614		27,576

Creditors: Amounts Falling Due After More Than One Year	7		(7,861 )		(15,351 )

NET ASSETS			6,753		12,225

CAPITAL AND RESERVES
Called up share capital	8		25,001		25,001
Profit and Loss Account			(18,248 )		(12,776 )

SHAREHOLDERS' FUNDS			6,753		12,225

For the year ending 31 December 2024 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 directors acknowledge their 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

Dr Gregory Boardman

Director

17 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Little People Big Noise Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11740059 . The registered office is 1 Battersea Square, London, SW11 3RZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 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 from the rendering of services net of value added tax. It also includes grant income which directly relates to the company's business activities and is matched to costs incurred in the accounting period in which it is received.

2.3. 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

2 years straight line basis

2.4. Government Grant

Government grants are recognised in the Profit and Loss Account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the Profit and Loss Account. Grants towards general activities of the entity over a specific period are recognised in the over that period.

All grants in the Profit & Loss Account are recognised when all conditions for receipt have been complied with.

2.5. Economic conditions

In common with many companies who operate within the entertainment and creative business sectors the Covid 19 pandemic has had a significant negative impact on the company's turnover and profitability. The directors are confident that with the continuing support of third party financing and Government grant aid funding the business will recover and prosper going forward.

3. Average Number of Employees

Average number of employees, including directors, during the year was 2 (2023: 2)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2024	2,880
Additions	988

As at 31 December 2024	3,868

Depreciation
As at 1 January 2024	2,611
Provided during the period	763

As at 31 December 2024	3,374

Net Book Value
As at 31 December 2024	494

As at 1 January 2024	269

Page 2

Page 3

Little People Big Noise Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Prepaid animated asset creation costs	62,594	27,202
Other debtors and prepaid costs	13,644	2,500
VAT	489	609

	76,727	30,311

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	7,378	7,000
Other loans	50,000	-
Other creditors	2,886	572
Accruals and deferred income	1,846	6,846
Directors' loan accounts	497	496

	62,607	14,914

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	7,861	15,351

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	25,001	25,001

9. Related Party Transactions

The company paid consultancy and project fees to the directors or to companies in which the directors have a significant interest of £27,782 (2023:£14,042) in the year.

Page 3