Creatives in the Attic Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07592994

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		345		443

			345		443
CURRENT ASSETS
Debtors	5	4,452		16,313
Cash at bank and in hand		7,983		65,761

		12,435		82,074
Creditors: Amounts Falling Due Within One Year	6	(11,413 )		(41,601 )

NET CURRENT ASSETS (LIABILITIES)			1,022		40,473

TOTAL ASSETS LESS CURRENT LIABILITIES			1,367		40,916

PROVISIONS FOR LIABILITIES
Deferred Taxation			(65 )		(111 )

NET ASSETS			1,302		40,805

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			1,202		40,705

SHAREHOLDERS' FUNDS			1,302		40,805

Page 1

Page 2

Creatives in the Attic Limited

Balance Sheet (continued)

As At 28 April 2025

For the year ending 28 April 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 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

Mr D S Ham

Director

23/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Creatives in the Attic Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07592994 . The registered office is Suite 1, The Riverside Building, Livingstone Road, Hessle, East Yorkshire, HU13 0DZ.

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. Significant judgements and estimations

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

2.3. Turnover

Revenue comprises the fair value of the consideration received or receivable for the sale of goods and services in the ordinary course of the company's activities. Revenue is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the group's activities as described below.

The company provides software development services to other organisations, these services are provided on a time and material basis or as a fixed price contract.

2.4. 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:

Computer Equipment

33% on reducing balance

2.5. Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

Page 3

Page 4

Creatives in the Attic Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 April 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 29 April 2024	11,797

As at 28 April 2025	11,797

Depreciation
As at 29 April 2024	11,354
Provided during the period	98

As at 28 April 2025	11,452

Net Book Value
As at 28 April 2025	345

As at 29 April 2024	443

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	15,120
Prepayments and accrued income	106	743
Other debtors	450	450
Corporation tax recoverable assets	983	-
Directors' loan accounts	2,913	-

	4,452	16,313

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	4,029	7,683
Corporation tax	983	18,103
Other taxes and social security	60	78
VAT	3,730	12,556
Accruals and deferred income	2,593	2,428
Directors' loan accounts	18	753

	11,413	41,601

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

Page 4

Page 5

Creatives in the Attic Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 April 2025

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 29 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 28 April 2025
	£	£	£	£	£
Miss Jane Jewitt	(101 )	28,224	25,090	-	3,032

The above loan is unsecured, interest free and repayable on demand.

Page 5