REGISTERED NUMBER: 04911919 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

All Creative Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A J E Oldfield

Mr R Oldfield

SECRETARY:

Mr R Oldfield

REGISTERED OFFICE:

20 Spencer Park

London

SW18 2SZ

REGISTERED NUMBER:

04911919 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Tangible assets

4

1,077

3,126

CURRENT ASSETS

Stocks

1,214,259

1,212,405

Debtors

5

22,142

-

Cash at bank

2,007

6,056

1,238,408

1,218,461

CREDITORS

Amounts falling due within one year

6

(1,002,931

)

(1,364,568

)

NET CURRENT ASSETS/(LIABILITIES)

235,477

(146,107

)

TOTAL ASSETS LESS CURRENT LIABILITIES

236,554

(142,981

)

CREDITORS

Amounts falling due after more than one year

7

(698,091

)

(349,000

)

NET LIABILITIES

(461,537

)

(491,981

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(462,537

)

(492,981

)

SHAREHOLDERS' FUNDS

(461,537

)

(491,981

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

Mr R Oldfield - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The accounts are prepared on a going concern basis as in the opinion of the directors the company has sufficient finance available to it to meet its obligations as they fall due for the foreseeable future, that is at least 12 months from the date of approval of the accounts.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and other sales taxes.

Turnover on property sales is recognised upon legal completion of legal title to the customer.

Turnover on rental income comprises revenue recognised by the company in respect of rent received during the year, exclusive of Value Added Tax and trade discounts. Turnover on rental income is recognised on a monthly basis in line with the rental agreement.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Tangible fixed assets are included at cost less depreciation and impairment.

Stocks

Stocks are held at the lower of cost and net realisable value. Costs comprise purchased property / land costs, direct materials and direct labour together with an apportionment of overhead incurred to bring the stocks to their present location and condition. Net realisable value represents estimated selling price less all estimated costs to sell, including sales and marketing costs.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

8,461

DEPRECIATION

At 1 April 2024

5,335

Charge for year

2,049

At 31 March 2025

7,384

NET BOOK VALUE

At 31 March 2025

1,077

At 31 March 2024

3,126

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

22,142

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

234,349

Taxation and social security

-

664

Other creditors

1,002,931

1,129,555

1,002,931

1,364,568

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

698,091

349,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more than 5 years

698,091

349,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

698,091

583,349

Capital Home Loans holds fixed charges of 8 Chapel Place, Ramsgate, Kent, CT11 9RY, and 67 Crescent Road, Ramsgate, Kent, CT11 9QY. These charges covers all the property or undertaking of the company.

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.