ACCOUNTS - Final Accounts preparation

Loans and other debts due to members

Registered number: OC361510

CAN'T STOP MEDIA LLP

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

Chartered Accountants

2nd Floor, Heathmans House

19 Heathmans Road

London

SW6 4TJ

CAN'T STOP MEDIA LLP

CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CAN'T STOP MEDIA LLP
FOR THE YEAR ENDED 31 MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008), we have prepared for your approval the financial statements of Can't Stop Media LLP for the year ended 31 March 2025 which comprise the Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the members in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Can't Stop Media LLP and state those matters that we have agreed to state to the Can't Stop Media LLP's members in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Can't Stop Media LLP and its members for our work or for this report.

It is your duty to ensure that Can't Stop Media LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Can't Stop Media LLP. You consider that Can't Stop Media LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Can't Stop Media LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haggards Crowther LLP

2nd Floor, Heathmans House

19 Heathmans Road

London

SW6 4TJ

2 December 2025

Page 1

CAN'T STOP MEDIA LLP

REGISTERED NUMBER: OC361510

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		1,227		1,804
			1,227		1,804
Current assets
Debtors: amounts falling due within one year	5	1,210,654		1,365,183
Cash at bank and in hand	6	839,240		956,502
		2,049,894		2,321,685
Creditors: Amounts Falling Due Within One Year	7	(1,564,068)		(1,602,385)
Net current assets			485,826		719,300
Total assets less current liabilities			487,053		721,104

Net assets			487,053		721,104

Represented by:
Loans and other debts due to members within one year
Other amounts	8	487,053	721,104
		487,053	721,104

		487,053	721,104

Total members' interests
Loans and other debts due to members	8	487,053	721,104
		487,053	721,104

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CAN'T STOP MEDIA LLP

REGISTERED NUMBER: OC361510

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 2 December 2025.

Mr M B Porte

Designated member

The notes on pages 5 to 10 form part of these financial statements.

Can't Stop Media LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

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CAN'T STOP MEDIA LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

RECONCILIATION OF MEMBERS' INTERESTS

FOR THE YEAR ENDED 31 MARCH 2025


	DEBT Loans and other debts due to members less any amounts due from members in debtors
	Other amounts	Total
	£	£
Amounts due to members	-	-
Amounts due from members	-	-
Balance at 1 April 2023	754,467	754,467
Members' remuneration charged as an expense	746,627	746,627
Members' interests after profit for the year	1,501,094	1,501,094
Drawings on account and distribution of profit	(779,990)	(779,990)
Amounts due to members	721,104	721,104
Amounts due from members	-	-
Balance at 31 March 2024	721,104	721,104
Members' remuneration charged as an expense	824,801	824,801
Members' interests after profit for the year	1,545,905	1,545,905
Drawings on account and distribution of profit	(1,058,852)	(1,058,852)
Amounts due to members	487,053	487,053
Amounts due from members	-	-
Balance at 31 March 2025	487,053	487,053

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

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CAN'T STOP MEDIA LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	Statutory information

Can't Stop Media LLP is a limited liability partnership registered in England and Wales. The partnership's registered address is 2nd Floor, Heathmans House, 19 Heathmans Road, London SW6 4TJ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. 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 following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The LLP's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the income statement except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in the income statement within 'other operating income'.

2.3

Turnover

Turnover is stated net of VAT. Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the services provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

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CAN'T STOP MEDIA LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.

If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

2.5

Interest income

Interest income is recognised in the income statement using the effective interest method.

2.6

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the income statement.

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CAN'T STOP MEDIA LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 4).

Page 7

CAN'T STOP MEDIA LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 April 2024	8,540
	Disposals	(5,654)
	At 31 March 2025	2,886
	Depreciation
	At 1 April 2024	6,736
	Charge for the year on owned assets	577
	Disposals	(5,654)
	At 31 March 2025	1,659
	Net book value
	At 31 March 2025	1,227
	At 31 March 2024	1,804

Debtors

					2025	2024
					£	£


Trade debtors	1,167,627	1,254,831
Other debtors	-	18,052
Prepayments and accrued income	43,027	92,300
	1,210,654	1,365,183

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CAN'T STOP MEDIA LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	839,240	956,502
	839,240	956,502

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	-	3,870
Other taxation and social security	46,295	-
Other creditors	7,975	-
Accruals and deferred income	1,509,798	1,598,515
	1,564,068	1,602,385


Other amounts due to members	487,053	721,104
	487,053	721,104

Loans and other debts due to members may be further analysed as follows:

					2025	2024
					£	£


Falling due within one year	487,053	721,104
	487,053	721,104

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

Page 9

CAN'T STOP MEDIA LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

9.	Related party transactions
	During the year, the partnership charged Can't Stop Media Mad Ltd £29,900 (2024: £92,300) for management services. Can't Stop Media Mad Ltd is a private company registered in England and Wales, and under the control of directors, D Porte and M Porte.

10.	Controlling party

The company was under the control of the members throughout the current and previous year.

Page 10