Creative Concepts TV Ltd


Director	Jesse Collard


Registered Address	Grove House
	2 Woodberry Grove
	London
	N12 0DR


Registered Number	10612077 (England and Wales)

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		27,450		34,975
Investments	4		46,836		25,000
			74,286		59,975
Current assets
Debtors	5	7,364		8,763
Cash at bank and on hand		9,167		8,989
		16,531		17,752
Creditors amounts falling due within one year	6	(15,435)		(22,152)
Net current assets (liabilities)			1,096		(4,400)
Total assets less current liabilities			75,382		55,575
Creditors amounts falling due after one year	7		(14,366)		(18,735)
Provisions for liabilities	8		(5,215)		(6,953)
Net assets			55,801		29,887
Capital and reserves
Called up share capital			100		100
Profit and loss account			55,701		29,787
Shareholders' funds			55,801		29,887

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 22 December 2025, and are signed on its behalf by:

Jesse Collard
Director
Registered Company No. 10612077

Creative Concepts TV Ltd

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

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,value added tax and other sales taxes. Turnover is recognised when the services are provided to the customer.

	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:


		Reducing balance (%)
	Plant and machinery	25
	Vehicles	25

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Total
	£	£	£
Cost or valuation
At 01 March 24	40,495	26,994	67,489
Additions	1,303	-	1,303
At 28 February 25	41,798	26,994	68,792
Depreciation and impairment
At 01 March 24	28,578	3,936	32,514
Charge for year	3,063	5,765	8,828
At 28 February 25	31,641	9,701	41,342
Net book value
At 28 February 25	10,157	17,293	27,450
At 29 February 24	11,917	23,058	34,975

4.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 March 24	25,000	25,000
Additions	44,360	44,360
Revaluations	32,509	32,509
Disposals	(55,033)	(55,033)
At 28 February 25	46,836	46,836
Net book value
At 28 February 25	46,836	46,836
At 29 February 24	25,000	25,000

	Notes
	¹Other investments other than loans

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	6,624	7,929
Prepayments and accrued income	740	834
Total	7,364	8,763

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	4,514	9,835
Other creditors	9,282	11,214
Accrued liabilities and deferred income	1,639	1,103
Total	15,435	22,152


	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.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	14,366	18,735
Total	14,366	18,735

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	5,215	6,953
Total	5,215	6,953

9.	Related party transactions
	During the year, total dividends of £9,000 (2024 - £9,000) were paid to the director. Loans from the director At the balance sheet date the company owed £2,980 (2024 - £4,911) to the director which is an interest free loan with no fixed date for repayment.