Registration number: 10793904

P4Design & Creative Ltd

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 6

P4Design & Creative Ltd

Company Information

Director

C E T Pedersen

Registered office

8 Swift Fields Bracknell Berkshire RG12 8BX

P4Design & Creative Ltd

(Registration number: 10793904)
Abridged Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	41,267	53,947
Current assets
Debtors		156,414	112,391
Cash at bank and in hand		2,953	6,706
		159,367	119,097
Creditors: Amounts falling due within one year		(142,829)	(116,336)
Net current assets		16,538	2,761
Total assets less current liabilities		57,805	56,708
Creditors: Amounts falling due after more than one year		(56,849)	(73,323)
Provisions for liabilities		(6,923)	(13,487)
Net liabilities		(5,967)	(30,102)
Capital and reserves
Called up share capital		100	100
Retained earnings		(6,067)	(30,202)
Shareholders' deficit		(5,967)	(30,102)

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 29 May 2026
 

P4Design & Creative Ltd

(Registration number: 10793904)
Abridged Balance Sheet as at 31 May 2025

......................................... C E T Pedersen Director

P4Design & Creative Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/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 specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

P4Design & Creative Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicle	25% reducing balance
Office equipment	25% reducing balance
Plant and machinery	25% reducing balance
Furniture and Fittings	25% reducing balance

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 2).

3	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 June 2024	4,788	47,341	33,000	45,945
Additions	-	1,075	-	-
At 31 May 2025	4,788	48,416	33,000	45,945
Depreciation
At 1 June 2024	3,368	36,310	25,962	11,487
Charge for the year	355	3,026	1,759	8,615
At 31 May 2025	3,723	39,336	27,721	20,102
Carrying amount
At 31 May 2025	1,065	9,080	5,279	25,843
At 31 May 2024	1,420	11,031	7,038	34,458

P4Design & Creative Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

	Total £
Cost or valuation
At 1 June 2024	131,074
Additions	1,075
At 31 May 2025	132,149
Depreciation
At 1 June 2024	77,127
Charge for the year	13,755
At 31 May 2025	90,882
Carrying amount
At 31 May 2025	41,267
At 31 May 2024	53,947

4	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100