CREATIVE LIVE PRODUCTIONS LIMITED


Director	BARROWCLOUGH, Neil Lindsay


Registered Address	Parkhill Studio
	Walton Road
	Wetherby
	LS22 5DZ


Registered Number	12489534 (England and Wales)

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		51,492		6,496
			51,492		6,496
Current assets
Debtors	4	8,120		65,195
Cash at bank and on hand		32,244		22,456
		40,364		87,651
Creditors amounts falling due within one year	5	(15,300)		(25,140)
Net current assets (liabilities)			25,064		62,511
Total assets less current liabilities			76,556		69,007
Creditors amounts falling due after one year	6		(24,398)		-
Provisions for liabilities	8		(9,783)		(1,234)
Net assets			42,375		67,773
Capital and reserves
Called up share capital			1		1
Profit and loss account			42,374		67,772
Shareholders' funds			42,375		67,773

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 26 September 2025, and are signed on its behalf by:

BARROWCLOUGH, Neil Lindsay
Director
Registered Company No. 12489534

CREATIVE LIVE PRODUCTIONS LIMITED

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The director has reviewed the financial position of the company and he is of the consideration that the company will continue trading as a going concern.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	3
	Vehicles	4
	Office Equipment	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 March 24	1,736	30,248	3,115	35,099
Additions	24,145	40,000	941	65,086
Disposals	-	(30,248)	-	(30,248)
At 28 February 25	25,881	40,000	4,056	69,937
Depreciation and impairment
At 01 March 24	1,657	24,577	2,369	28,603
Charge for year	3,567	15,672	851	20,090
On disposals	-	(30,248)	-	(30,248)
At 28 February 25	5,224	10,001	3,220	18,445
Net book value
At 28 February 25	20,657	29,999	836	51,492
At 29 February 24	79	5,671	746	6,496

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,620	13,614
Other debtors	6,500	36,906
Prepayments and accrued income	-	14,675
Total	8,120	65,195


	Short term debtors are measured at transaction price (which is usually the invoice 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.

Short term debtors are measured at transaction price (which is usually the invoice 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.

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	70	-
Taxation and social security	8,124	23,304
Finance lease and HP contracts	4,196	-
Other creditors	880	-
Accrued liabilities and deferred income	2,030	1,836
Total	15,300	25,140


	Short term creditors are measured at transaction price (which is usually the invoice 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.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	24,398	-
Total	24,398	-

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	24,398		-

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	9,783	1,234
Total	9,783	1,234

9.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
BARROWCLOUGH, Neil Lindsay	30,406	39,934	71,220	(880)
	30,406	39,934	71,220	(880)