Active Publishing Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04718957 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ACTIVE PUBLISHING LIMITED

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Intangible assets

4

16,900

Current assets

Debtors

5

-

1,755

Cash at bank

-

64

-

1,819

Creditors

Amounts falling due within one year

6

16,577

17,304

Net current liabilities

(16,577

)

(15,485

)

Total assets less current liabilities

323

1,415

Creditors

Amounts falling due after more than one year

7

18,490

18,890

Net liabilities

(18,167

)

(17,475

)

Capital and reserves

Called up share capital

8

10

Retained earnings

(18,177

)

(17,485

)

Shareholders' funds

(18,167

)

(17,475

)

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 director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

Mr D A Pascall - Director

1.	Statutory information

Active Publishing Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 04718957. The registered office and business address is 4 Rabling Road, Swanage, Dorset, BH19 1EE.

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.

The Company made a loss during the year, however, it has a deficiency of assets at the year end of £18,167 (2024: £17,475). The Company is dependent upon the continued support of its director and external lenders. The director has confirmed his support of the Company over the next 12 months, in order that it can meet its day to day working capital requirements

Turnover

Turnover represents sales of goods and services, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other intangible assets represents magazine publications and are being carried at their fair value. Cost is deemed to represent fair value as at the year end.

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 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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Intangible fixed assets

Other

intangible

assets

£

Cost

At 1 April 2024

and 31 March 2025

16,900

Net book value

At 31 March 2025

16,900

At 31 March 2024

16,900

5.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

-

1,755

6.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

1,601

1,590

Trade creditors

1,020

1,380

VAT

160

207

Credit card

12,745

11,543

Directors' current accounts

101

1,734

Accruals and deferred income

950

850

16,577

17,304

7.

Creditors: amounts falling due after more than one year

2025

2024

£

Bank loans - 1-2 years

600

Bank loans - 2-5 years

1,800

Bank loans more 5 yr by instal

16,090

16,490

18,490

18,890

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

16,090

16,490

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

10

Ordinary

£1

10

9.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

Mr D A Pascall

Balance outstanding at start of year

-

3,071

Amounts repaid

-

(3,071

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

10.	Ultimate controlling party

The Company is under the control of the Director, by virtue of his 100% holding of the issued voting share capital of the Company.