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Registered number: 12189007
Liberty Creative Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
FMA Accountants
Chartered Certified Accountants
C/O FMA Online Ltd
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12189007
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,299,373 894,990
Investments 5 - 20,050
1,299,373 915,040
CURRENT ASSETS
Debtors 6 (544,441 ) (402,738 )
Cash at bank and in hand 14,739 31,668
(529,702 ) (371,070 )
Creditors: Amounts Falling Due Within One Year 7 (4,271 ) (7,828 )
NET CURRENT ASSETS (LIABILITIES) (533,973 ) (378,898 )
TOTAL ASSETS LESS CURRENT LIABILITIES 765,400 536,142
Creditors: Amounts Falling Due After More Than One Year 8 (765,300 ) (765,300 )
NET ASSETS/(LIABILITIES) 100 (229,158 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account - (229,258 )
SHAREHOLDERS' FUNDS 100 (229,158)
Page 1
Page 2
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 member has 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.
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
Ms Bernadette Adamic
Director
07/11/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Liberty Creative Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12189007 . The registered office is Mocatta House, Trafalgar Terrace, Brighton, BN1 4BG.
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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. 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:
Leasehold 10% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 April 2024 1,148,282
Additions 151,091
As at 31 March 2025 1,299,373
Depreciation
As at 1 April 2024 253,292
Provided during the period (253,292 )
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 1,299,373
As at 1 April 2024 894,990
5. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 20,050
Disposals (20,050 )
As at 31 March 2025 -
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 20,050
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 100 100
Director's loan account 31,242 6,240
31,342 6,340
Due after more than one year
Liberty Creative Holdings Ltd (575,883 ) (409,078 )
Self Made Rides Ltd 100 -
(575,783 ) (409,078 )
(544,441 ) (402,738 )
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 4,271 7,828
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 765,300 765,300
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5