Company No: 10523776 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	3,085		4,130
Tangible assets	4	39,831		1,086
		42,916		5,216
Current assets
Debtors	5	203,213		121,519
Cash at bank and in hand		146,694		292,625
		349,907		414,144
Creditors: amounts falling due within one year	6	( 355,468)		( 316,357)
Net current (liabilities)/assets		(5,561)		97,787
Total assets less current liabilities		37,355		103,003
Creditors: amounts falling due after more than one year	7	( 31,695)		( 4,167)
Net assets		5,660		98,836
Capital and reserves
Called-up share capital	8	4		4
Profit and loss account		5,656		98,832
Total shareholders' funds		5,660		98,836

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of The Creative Key Limited (registered number: 10523776) were approved and authorised for issue by the Board of Directors on 27 May 2026. They were signed on its behalf by:

Mr D Collins Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Creative Key Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 29 Walkford Way, Walkford, Christchurch, BH23 5LR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	4 years straight line
Office equipment	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 January 2025	5,225		5,225
At 31 December 2025	5,225		5,225
Accumulated amortisation
At 01 January 2025	1,095		1,095
Charge for the financial year	1,045		1,045
At 31 December 2025	2,140		2,140
Net book value
At 31 December 2025	3,085		3,085
At 31 December 2024	4,130		4,130

4. Tangible assets

	Vehicles		Office equipment		Total
	£		£		£
Cost
At 01 January 2025	35,814		1,756		37,570
Additions	43,755		777		44,532
Disposals	( 35,814)		0		( 35,814)
At 31 December 2025	43,755		2,533		46,288
Accumulated depreciation
At 01 January 2025	35,814		670		36,484
Charge for the financial year	5,469		318		5,787
Disposals	( 35,814)		0		( 35,814)
At 31 December 2025	5,469		988		6,457
Net book value
At 31 December 2025	38,286		1,545		39,831
At 31 December 2024	0		1,086		1,086

5. Debtors

	2025		2024
	£		£
Trade debtors	197,506		107,834
Other debtors	5,707		13,685
	203,213		121,519

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	4,167		10,000
Trade creditors	224,776		129,603
Corporation tax	69,388		90,893
Other taxation and social security	43,741		57,165
Obligations under finance leases and hire purchase contracts	8,845		0
Other creditors	4,551		28,696
	355,468		316,357

Obligations under finance leases and hire purchase contracts are secured against the company assets to which it relates.

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		4,167
Obligations under finance leases and hire purchase contracts	31,695		0
	31,695		4,167

Obligations under finance leases and hire purchase contracts are secured against the company assets to which it relates.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
4 Ordinary shares of £ 1.00 each	4		4